<span>in this type of industry, smaller rivals trying to enter the industry </span>will have much higher average costs.
As a result, it is almost impossible for a new business to come and compete with the large players that already conquered the market for a long period of time because the end cost of their products that arrive for the customers will be significanty higher than their competitors
Answer:
We should pay $243.3 each month to pay of the loan.
Explanation
The present value of the loan is 8,000, the number of compounding periods are (3*12) =36 because payment is going to be made monthly for 3 years, the future value of the loan is 0 as there will be no lump sum payment at the end of the loan and equal payments each month, the monthly interest rate is 6%/12= 0.5%. We input these 4 values to find the monthly payment.
PV= 8,000
FV=0
N=36
I=0.5
Compute PMT= 243.3
Answer:
Standards or criteria that will be used
Explanation:
A project charter is an informal contract between a project team and the project sponsor. The project charter shows a detailed plan of each aspect of a project; from scope to objectives, etc as well as grants the project team the power to create a project plan.
A project charter helps the project team to develop an understanding of the project to be undertaken, thereby enhancing team performance. Before a project charter is signed between both parties, all risks must have been eliminated.
When acceptance criteria factors are added to the schedule of a project charter, it helps the project team to know who will be judging the quality of their work as well as the standard that the judge will be using.
I hope this helps.
Answer: FALSE
Explanation: In the given case Ronin is doing the recruitment function for the company which involves finding competent employees as per the organisation's needs and employing them at different jobs.
Controlling can be defined as the function under which management tries to achieve planned objectives by making employees working towards organisation's goals. In simple words controlling involves analyzing the current progress and take corrective actions if there are any deviations.
Hence, it is false.
Answer:
a. Net income for 2021 $1,600,000
Less: Preferred dividends <u>$120,000 </u> (40000*$3)
Net income for Common Stockholders $1,480,000
Divide by Common Shares outstanding <u>600,000 </u>
Basic Earnings per share for 2021 <u>$2.47 </u>
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b. If company's preferred stock were convertible into common stock, diluted earnings per shares will also have to be calculated.
