Answer:
Explanation:
Present Value of Entire Underwriting Compensation=
Commission as a fixed % of Gross Proceeds + PV of Gain by exercising option to purchase shares.
Fixed Commission= 5000000*0.06
=300000
Gain by exercising option=200000*(12-5)
=1400000
PV of Gain =1400000/(1+0.15)
=1400000/1.15
=1217391.30
PV of Total Compensation=300000+1217391.30
=1517391.30
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Answer:
<u><em>The HRM saves the data</em></u>
Explanation:
The Human resource management (HRM) department handles recruitment for most companies that have such a department. Therefore whenever a company recruits employees the employee data such as;
- Address,
- Family details,
- Medical records,
- Age etc,
is sent to the HRM and is usually kept within the organization for internal usuage only in a database or company's internal website.
