Answer: $74569
Explanation:
Based on the information given in the question, the amount that can be borrowed is explained below:
Present value of annuity will e calculated as:
= 600 × [1-(1+0.09/12)^-(12 ×30)] / (0.09/12)
= 600 × [1-(1+0.0075)^-(360)] / 0.0075
= 600 × 1-(1.0075)^-(360)] / 0.0075
= 600 × [1-0.0678860074] / 0.0075
= 600 × 124.282
= 74569
The amount that can be borrowed is $74569
By the year of 2013 the number of high school students took classes that could earn them college credits in advanced placement or international baccalaureate course has increased to 33 percent, it is only 19 percent in the year 2003 so it had increase by 24 percent but the answer is 33 percent.
Answer:
His four dimension are power distance, individualism vs collectivism, uncertainty avoidance, and masculinity vs femininity.
Explanation:
- The theory of the cultural dimensions given by the Hofstede expresses the cross-culture communication that takes place within the organization and they are associated with the values on the society. As cultures differs managerial practices also change.
- The power distance is the first dimension which states that the members arrange themselves in a hierarchy and those who are less powerful are in a society of acceptance and Uncertainty avoidance is the dimension that describes the extent to which the society is at ease with the risks.
- Individualism and collectivism state that society that is more individual and tends to be self-oriented and takes actions as compared to the actions that are taken in the groups and collective efforts.
- The ideas of masculinity as make dominated achievements and heroism as opposite to the modesty and honesty of feminism in western nations rather than in eastern nations.
Answer:
Margin of safety= $260,000
Explanation:
Giving the following information:
Sales= $485,000
Break-even point in dollars= $225,000
<u>To calculate the break-even point in sales dollars, we need to use the following formula:</u>
Margin of safety= (current sales level - break-even point)
Margin of safety= 485,000 - 225,000
Margin of safety= $260,000
Answer: True
Explanation:
SWOT (Strengths, Weaknesses, Opportunities and Threats) analysis is very popular because even though it appears simple, it can have such a massive impact on a company because it alerts Management to opportunities that exist to take the firm forward.
It also speaks to the company on ways to converge strategies that aim to harness the strengths or weaknesses in a Firm's INTERNAL and EXTERNAL environment with the aformentioned OPPORTUNITIES and THREATS thereby leading to a COMPLETE decision making process and result that can serve to push the company to be Proactive in taking strides that will grow the company.
SWOT analysis is a pure example of, "Simplicity is the ultimate Sophistication".
