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Nimfa-mama [501]
3 years ago
8

Criteria for recruitment of business administration department

Business
1 answer:
grin007 [14]3 years ago
5 0

Explanation:

A business administration professional typically needs a bachelor's degree in a relevant field, such as business administration, finance, or human resources. A bachelor's requires four years of full-time stud

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If g = $800 billion, tax receipts = $850 billion, and there is an inflationary gap of $100 billion, there is?
vagabundo [1.1K]

If g = $800 billion, tax receipts = $850 billion, and there is an inflationary gap of $100 billion, there is a budget surplus.

Taxes are mandatory contributions levied on people or businesses by means of a government entity—whether or not nearby, local, or country-wide. Tax revenues finance authorities' sports, including public works and offerings consisting of roads and colleges, or programs which include Social Protection and Medicare.

The principal purpose of taxation is to elevate sales for the services and profits that help the network's desires. Public revenues ought to be good enough for that motive. 2. Tax should, as far as viable, be levied equitably, consistent with the potential to pay.

Learn more about Tax here: brainly.com/question/25783927

#SPJ4

6 0
1 year ago
Your friend decides that he needs to receive a retirement payment of 70,000 dollars per year from a retirement fund that is proj
damaskus [11]

Answer:

Explanation:

This is an Ordinary Annuity question. You can solve this using a financial calculator. I'm using (TI BA II Plus)

N; duration = 20

I/Y ; interest rate per year = 8.5%

PMT ; recurring annual payment = 70,000

FV; Future value = 0 (In solving annuities, use 0 if not given)

then CPT PV = ?

PV = 662,433.563

Therefore, your friend needs to have $662,433.56

7 0
3 years ago
Home loans typically involve "points," which are fees charged by the lender. Each point charged means that the borrower must pay
nirvana33 [79]

Answer:

Ans. The effective annual interest rate charged on the loan is 12.99% effective annually. (Please see the attached excel spread sheet)

Explanation:

Hi, attached is the amortization table that I made for this case. Notice that there is a yellow and green cell, the yellow one is the result of using the "IRR" function of MS Excel which provides an effective monthly rate, since the payments are made every month, then we have to transform that monthly effective rate into an effective annual rate, this is the formula to use.

EffectiveAnnual=(1+EffectiveMonthly)^{\frac{1}{12} } -1

That is:

EffectiveAnnual=(1+0.012267477)^{\frac{1}{12} } -1=0.12986448

Which we round to 12.99% effective annually.

Finally, notice that I didnt use the payments to find the effective rate, I used the cash flow, that was because you didn´t receive all the 100K (the fee, remember?), you received $98,000.

Best of luck.

Download xlsx
3 0
3 years ago
Sue is a small business owner who often gives gifts to clients. She gives a $40 gift to her client, Mr. Smith, and his wife. Sue
PilotLPTM [1.2K]

Answer:

D) $801

Explanation:

Businesses can only deduct $25 per gift per client, in this case the client's wife is not an actual client, so Sue can only deduct $25 for the gift plus the wrapping expenses. She can also deduct the $400 spent in the calendars and the $370 watch.

Sue's total deductions = $25 + $6 + $400 + $370 = $801

8 0
3 years ago
Van Frank Telecommunications has a patent on a cellular transmission process. The company has amortized the $26.10 million cost
AlladinOne [14]

Answer:

Original Cost = $26.10

Annual Amortization (Old) = $26.10 / 9 years

Annual Amortization (Old) = $2.9 million

Amortization till Date (2017 - 2021) = $2.9*4 = $11.6 million

Unamortized Value = $26.10 million - $11.6 million

Unamortized Value = $14.5 million

Remaining Life = 6 - 4

Remaining Life = 2 Years

New Amortization = Unamortized Value/Remaining Life

New Amortization =  $14.5/2

New Amortization = $7.25 million

                    Journal Entry

Amortization Expense Debit - $7.25 million

      Patent Credit -  $7.25 million

5 0
3 years ago
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