Project managers must manage the Critical Path which consists of all tasks that must start and finish on schedule or the project will be delayed unless corrective action is taken.
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Answer:
<h2>$72,000</h2>
Explanation:
We need to first calculate the interest on investing $30,000 after 20 years at 7% in a single-premium tax-deffered annuity using the simple interest formula.
Simple interest = Principal * Rate * Time/100
Simple interest = $30,000*7*20/100
Simple Interest = $42,000
After-tax dollars that will be accumulated in 20 years = Initial investment + Interest = $30,000+$42,000 = $72,000
<em>Hence, after-tax dollars that will be accumulated in 20 years is $72,000.</em>
Answer and Explanation:
The computation of the direct labor efficiency variance is shown below;
= Standard Rate × (Standard Hours - Actual Hours)
= $22.50 × (4,760 Units × 2 hours per unit - 8,900)
= $13,950 Favourable
Hence, the direct labor efficiency variance is $13,950 favorable
We simply applied the above formula so that the correct amount could come
Answer:
The question is missing options below:
a. 12%
b. 15%
c. 3%
d. 9%
Your best bet is option B,15%
Explanation:
There is a perfect positive correlation between risk and return when making investment decisions,in that a higher risk investment is compensated with higher return and vice versa.
The company earns a return of 12% averagely,but the current project is more riskier, in other words,there has to be an incentive over and above the current return for this project to be acceptable.
In other words, the 3% extra is added to the average return of 12% ,giving an expected return of 15%(12%+3%)
Option A would have been correct if the new project has the same level of risk as existing ones.
Option D would been chosen if the new project is less riskier(12%-3%)
