Answer: 13.2%
Explanation:
Given data:
No of stores in the market = 5000
No. of store owners = 2000.
Allison charges = $8/month
Sam charges = $8/month.
Solution:
The market penetration rate would be calculated based on potential customers.
Using our general formula,
Market penetration=Numbers of customers who purchased Allison derived sales and Sam derived sales /Total potential population
Where,
Total potential population=1,500
•Allison derived sales = 129 customers
•Sam derived sales = 69 customers
•Numbers of customers who purchased Allison derived sales and Sam derived sales=129 customers+ 69 customers
•Numbers of customers who purchased Allison derived sales and Sam derived sales =198 customers
Let’s input this into our general formula.
Market penetration
= 169 customers/1,500
= 0.132*100
= 13.2%
The market penetration rate based on potential customers is 13.2%
Answer:
• The employee’s privacy is an important consideration and payroll workers need to be aware of updated information as it becomes available.
• The Privacy Act of 1974 allows an employee access to their payroll records.
• Review U.S. Department of Labor OCFO-1 or the U.S. Department of Health and Human Services Privacy Act 09-40-0006
Explanation:
The options are:
• Employees of publicly owned companies may have access to each other’s payroll records.
• The employee’s privacy is an important consideration and payroll workers need to be aware of updated information as it becomes available.
• The Privacy Act of 1974 allows an employee access to their payroll records.
• Review U.S. Department of Labor OCFO-1 or the U.S. Department of Health and Human Services Privacy Act 09-40-0006.
The advice that I would give her about privacy laws and payroll are that the privacy of the employee’s is vital and that the payroll workers should always be aware of information that are updated whenever they're available.
Also, the Privacy Act of 1974 allows an employee to be able to access their payroll records. Lastly, they must review U.S. Department of Labor OCFO-1.
The results of this study indicate that employment decisions of some employers might not be status blind and could indicate illegal discrimination under Civil Rights Act of 1964.
<u>Explanation:</u>
An important act in US is The Civil Rights Act of 1964. This law came into act on 2nd July, 1964. This law has rules and regulations that are against the inequalities and discrimination that prevails in schools, public areas and also in employment areas. The inequality may be based on the gender, nationality, religion,race or color.
In the example given, the discrimination of employment occurs based on the names that belongs to white and black. It has been stated that the names related to whites will get 50% of callbacks when compared to the names of the blacks. Hence, the decisions that are taken by the employers should not be status blind and this illegal inequalities comes under Civil Rights Act of 1964.
Answer:
I am willing to pay $1,202,235.89 for this annuity.
Explanation:
Calculate Present value of future cash flow to calculate the price for the annuity should be paid now.
Monthly receipt = PMT = $200,000
Number of years = n = 25 years
Rate of return = r = 16.25% = 0.1625
PV = PMT x [ 1- ( 1 + r )^-n )] / r
PV = $200,000 x [ 1 - ( 1 + 0.1625 )^-25 ) ] / 0.1625
PV = $200,000 x [ 1 - ( 1.1625 )^-25 )] / 0.1625
PV = $1,202,235.89
Which would be the opportunity cost
