Answer:
$17.1 million
Explanation:
The proper cash flow amount to use as the initial investment in fixed assets when evaluating this project can be calculated as follows
DATA
Fair value of land = 4.6 million
Cost to build a plant = 11.8 million
Grading cost = 0.7 million
Solution
Initial investment = Fair value of land + Cost to build a plant + Grading cost
Initial investment = $4.6 million + $11.8 million + $0.7 million
Initial investment = $17.1 million
Answer:
6.82%
Explanation:
In this question we use the PMT formula that is shown on the attachment below:
Given that,
Present value = 102.037% × $2,000 = $2,040.74
Future value = $2,000
Rate of interest = 6.62% ÷ 2 = 3.31%
NPER = 18 years 2 = 36 years
The formula is shown below:
= PMT(Rate;NPER;-PV;FV;type)
The present value come in negative
So, after solving this, the monthly payment is $68.15
Now the coupon rate is
= PMT ÷ face value × 2
= $68.15 ÷ $2,000 × 2
= 6.82%
Answer:
$200
Explanation:
Given that
Note receivable = $20,000
Number of days given = 90 days
Interest rate = 6%
Calculated days from November 1 to December 31 = 60 days
Plus we assume the total number of days in a year is 360 days
So, the accrued interest income is
= Note receivable × rate of interest × number of days ÷ (total number of days in a year)
= $20,000 × 6% × (60 days ÷ 360 days)
= $200
Answer:
He should try to analyze and understand how Saudi workers view the role of a leader and teamwork. Cultural differences between Saudi Arabia and the UK are huge, the only similarity is that both are monarchies, but British monarchy stepped aside and doesn't rule anymore. While Saudi monarchy rules with an iron fist.
Some behavior or actions that are considered completely out of place or might even be illegal in the UK are totally normal in Saudi Arabia, and vice versa. I met someone that used to work in the middle east and he remembers that subordinates have a great respect for their leaders and do not question anything. But at the same time, normal motivation techniques didn't work with them. I remember he told me that in order to be able to make his team work he had to be rude with them and basically order them what to do and make sure they did it. This behavior would be unacceptable in western countries, bosses do not yell at employees all the time, but it worked for him there.
It wasn't the same country, but in order to work properly he had to overcome several cultural barriers and adopt several local customs. By the way, his subordinates were happy with him. No one ever confronted him and told him not to yell at people, since that is normal for them.
Ebrima will need to treat his British subordinates one way, and his Saudi subordinates another way. He should also talk to his fellow British employees and explain them why he is acting that way. If he doesn't, some of them might think he is abusing his authority. When my friend told about his experience I also thought he had become a really bad boss, but them he explained things to me in greater detail.
Answer:
B.
Explanation:
Social Security is Payroll Tax.
