Answer:
<u>A mid-level manager will get $5251.2 salary.</u>
Explanation:
Control Point = 1544 + 4.72 x Hay Point
=1544 + 4.72 x 600
= $ 4376 which is the mid-point of salary range in the market.
120% compa ratio means the actual salary given out is (120/100) times the market mid-point
Hence,
Actual Salary = ( 120 / 100 ) x 4376
= $ 5251.2
Downsizing is the reduction of employees in a company's payroll. It involves the elimination of some positions and thus reducing the operational cost of the company. The given statement "Downsizing describes the practice of companies shifting their production overseas" is false. Downsizing does not<span> describe the practice of companies shifting their production overseas</span>
Answer: Please refer to Explanation
Explanation:
According to the Federal Deposit Insurance Corporation, the limit to the amount a person can be insured for is, $250,000 per depositor, per insured bank.
That means that Tony's account at a balance of $120,712 is covered completely as it is well below $250,000.
Their Joint account is also completely covered at $60,099.
Cynthia however does not have complete coverage as her bank account exceeds to the coverage limit by $3,629 which will not be covered.
Should be noted that should she transfer this excess to the joint account then she should be fully covered.
Answer:
$18,480
Explanation:
Cost of van = $51,000
Useful life = 5 years
Salvage value = $4,800
Using the straight line, Annual depreciation
= (51000 - 4800)/5
= $9,240
Using the Double-declining balance method,
Annual depreciation = 2 × 9,240
= $18,480
According to the "Discounted Payback Period Rule," a business will approve a project if the calculated payback is shorter than a predetermined period of years.
Definition of Period of Repayment
The number of years required to recover the initial financial investment is referred to as "payback time." In other words, it measures how long a machine, facility, or other investment has produced enough net income to cover its costs.
<h3>
What are NPV and payback period?</h3>
While NPV (Net Present Value) is calculated in terms of money, payback technique refers to the length of time required for a return on investment to equal the initial investment. Payback, NPV, and countless more metrics are examples of approaches to measure the worth of a project.
To learn more about Payback period visit:
brainly.com/question/13928462
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