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3 years ago

If British pounds sell for $1.30 (U.S.) per pound, what should dollars sell for in pounds per dollar?

Business

1 answer:

vichka [17]3 years ago

7 0

Solution :

British pound is the name of the currency of the country England.

It is given that the value of one British pound is $ 1.30 in terms of dollar.

i.e. $ 1.30 = 1 Pound

Now calculation for the dollar sells for in pounds per dollar is given by :

$1 \text{ dollar} = \frac{1}{1.30} \ \text{pound}$

$1 \text{ dollar} = 0.76 \text{ pound}$

Therefore, 1$ is 0.76 pound.

Thus, 1 dollar sells for in 0.76 pound per dollar.

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Cost planning starts with the proposal for the project, at which time project costs are estimated. For budgeting purposes, it is

Salsk061 [2.6K]

Answer:

Each question is answered separately with mentioning the question part first in bold letters following with the answer to that part of the question.

Explanation:

What are some of the ways that a project manager can take these budgeting plans and track and compare them to actual data?

The budget plan is the baseline by which the project's progress can be compared with it's actual results. It helps to determine the variance of the project. Moreover, as the project's work and cost can change in the future we need to re-baseline the project's budget in order to keep better track of the comparison data.

In what sense is some cost reporting not reflective of the actual work performed? How can a project manager remedy this situation?

This could be due to many reasons why cost reporting may differ from actual work such as lack of experience in estimating budgeted cost, uncertain events, fluctuations in prices due to economic instability etc.

The best way to resolve this is by consulting with some one who has more experience as a project manager when preparing the budget. Another way is to be prepared to make changes in the estimated budget plan to meet the market dynamics.

Why is monitoring and controlling the project cost important for the success of the project?

When the project's cost has been budgeted and prepared the main issue is to ensure that the actual work done is within the limit of the budgeted cost. If for example it is estimated that the project would incur $10,000 per month resulting in cost of $120,000 at the end of the year. After four months we notice that the project has so far incurred total cost of $60,000, this could be a problem as it has exceeded the estimated project cost. This would ultimately result in either project not being completed on time as the estimated cost has exceeded and no further budget is available or the project's cost would exceed the benefits it would provide in the near future. This is why monitoring and controlling the project cost important for the success of the project.

What are some key components to monitor the health of the project, as it relates to earned value?

The key components to monitor the health of the project are Cost Variance (Difference between what is planned to be spent and what is actually spent), Schedule Variance (Difference between what was planned to be done and what is actually done), Cost Performance Index (Ratio comparing how much you planned to spent and how much you actually spent), and Schedule Performance Index (Ratio comparing how much work you planned to do and how much work you actually did). They will help in estimating the project's current position whether it is operating better or worse than it is expected.

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3 years ago

Porque alguien podría querer poner una "bandera Roja" en su propio informe crediticio?

castortr0y [4]

Answer:

I don't know what is meaning

Explanation:

sry

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3 years ago

Two accounts are opened at the same time. You deposit 1250 dollars into the first account, which earns interest at an effective

dem82 [27]

Answer:

Assuming a final balance of $3,000 for the second account, it would take 26,4 years of the first account to be exactly twice the balance in the second account.

Explanation:

First, we need to determine a quantity for the second account. We use the compound interest formula:

A = P(1 + i/n)^n*t

where:

A = Final value

P = initial value

i = interest rate

n = number of times the interest rate is compounded in the period

t = number of periods elapsed

We will assume that we need to find the number of years it takes for the second account to give a balance of $3,000. Under this sceneario, our values will be:

A = $3,000

P = $210

i = 11.2% annually

n = 1 (the interest rate is an efective annual rate, therefore, it is compounded once in a year)

t = x (the number of periods is the incognita)

Next, we plug the amounts into the equation and solve:

210 (1 + 0.112)^X = 3,000

(1.1112)^X = 3,000 / 210

(1.112)^X = 14.3

Remember that we use logarithms to solve for an unknown exponent

X * Log 1.112 = Log 14.3

X = Log 14.3 / Log 1.112

X = 25.0 years

---------------------------------------------------------------------------------------------

Now, we need to find how long it takes the second account to give a balance that doubles 3,000. (6,000)

1,250 (1 + 0.061)^X = 6,000

(1.061)^X = 4.8

X*log 1.061 = log 4.8

X = log 4.8 / log 1.061

X = 26.49 years

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3 years ago

Jillian has a low credit score, and she will not be able to pay the minimum balance on her credit card bill next month. What sho

AnnyKZ [126]

Contact the credit card company. Communication is key. As long as she does not have a habit of being late, they may offer her a grace period.

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3 years ago

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Your organization hires a consultant to analyze its decision-making practices, and the consultant determines that most decisions

dimaraw [331]

Answer:

C- The soundness of decisions is often limited because managers are unaware of problems or opportunities that exist in the organization

Explanation:

<em>Administrative decision making</em> is moderately rational decision making which considers a limited amount of criteria, not taking the broader picture into account. Therefore, certain problems and potential complications can arise if a more complex analysis of decision factors is not conducted.

In other words, a few possible outcomes are analysed and managers ettle for the one that seems optimal in that limited range.

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3 years ago