Answer:
$8,119,048
Explanation:
Given that,
Amount of scholarships = $170,500 per year
Trust fund earns an annual rate of return = 2.1 percent
Let x be the amount contribute to the fund and assuming that only income is distributed,
2.1% of x = Amount of scholarships
0.021x = $170,500
x = $170,500 ÷ 0.021
= $8,119,048
Therefore, the amount of money that is contributed by the George Jefferson to the trust is $8,119,048.
Answer:
The price of foreign oil was raised by OPEC.
Explanation:
By the end of 1960s the foundation of OPEC (Oil producers and exporter countries) defined the collusion of some oil producer countries to increase their power over the oil market. With the political crisis in the Arab world, the OPEC to advantage of shortage in oil world supply and increase the price of oil. Being the US a net importer of oil, the increment in oil prices turned into a trade deficit in a short time.
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Vermont was the only state to have adopted a single - prayer health plan.
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Answer:
11,125 units
Explanation:
Particulars Units
Beginning WIP (2500*0.75) 25% is completed 1,875
Units started and completed during the month 8500
[10,000 -1500 as ending Inventory]
Ending Inventory [1500*0.50] <u>750</u>
Equivalent units <u>11,125</u>
So, the equivalent units for conversion costs during October is 11,125 units
Answer:
Coaching.
Explanation:
Coaching is demonstrated as the method of training in which a more experienced or proficient person provides suggestions and guidance to an individual(employee) with an aim to build and develop his/her skills, competence, performance, and career. <u>The managers are required to be efficient coaches as it helps them in promoting better engagement in the team and enhancing productivity as well as customer support of the organization</u>. It helps the managers to develop the skills in employees and boost their self-confidence which makes them able to overcome challenges effectively, improve their performance, and reach desired goals.
