to calculate the rule of 70, you take the average growth rate and divide than into 70.
So 70/(growth rate)
Since you did not provide the expected growth rates, you will need to do the calculation yourself.
Answer:
rate of return: 16.67%
Explanation:
unadjusted rate of return
Average investment
Assuming no salvage value:
(beginning investment + ending investing)/2
(4,800 + 0 )/ 2 = 2,400
<u>cost savings:</u> 720
<u>depreciation:</u> 4,800 / 15 = 320
average return 400
400/2400 = 16.67%
It is true that an employee time ticket is an hour-by-hour summary of the employee’s activities throughout the day.
A time ticket is used to track the hours for which an employee will be paid in the upcoming payroll. Employees' time tickets are reviewed and approved by a supervisor at the closing of each pay period. After which the payroll team use them to calculate the hours worked by an employee. This serves as a basis for calculating gross pay.
When an employee clocks in or out, they generally put a time ticket into a time clock that are printed in an oblong, thick paper shape. Usually time tickets are physical cards that are stamped with beginning and ending times of employees work days. The payroll accountant or bookkeeper creates time tickets after the pay month has ended.
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Answer: c. decrease.
Explanation:
If the cost of operating airplanes increases on account of gasoline prices rising, it means that running an airline service would be more expensive.
In the long-run, there is zero economic profit as companies keep entering and exiting the market. If costs increase as they have done here, there will be an economic loss. Several firms will therefore exit in order to avoid these costs which would lead to the number of airlines decreasing.
When they decrease, prices will then go up till the economic profit is zero once more.
Answer:
functional departmentalization structure
Explanation:
In the case of functional departmentalization, an organization should be organized into the department that depend upon the functions that each one performs for an organization.
Since in the given situation, nicks works with the marketing division also he enjoyed the information that communciated in the company so here he works with the functional departmentalization structure for a company
hence, the same should be relevant
