The candidate with 6 months of experience shall be hired by the department for the position as an entry-level cashier.
<h3>Who is cashier?</h3>
A cashier is a professional who has expertise in managing the cash inflows and outflows of an organization and deal with the cash transactions of an organization on a daily basis.
A cashier who has 6 months of experience be more suitable for such role in the department, and will also take lesser pay than the one with 30 years of experience.
Hence, it may be concluded that the cashier with less experience will be a suitable one to be hired at the position as such.
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It is important trait to have as an entrepreneur, because you have to have different perceptive's of the type of people you are selling to. As in you just can't have one persons point of view.
Any more info about who Dave and Betty are? Any answer choices?
Answer:
$25.86.
Explanation:
To address this problem we first calculate the present value of all dividend received at time t = 20, then we discount that sum to time t = 0 (now).
The cashflow pattern of this preferred stock is similar to perpetuty.
Stock value at time t = 20 = Dividend/Required rate of return = 20/10.5% = 190.48
Stock value at time t = 0 = (Stock value at time t = 20)/(1 + Required rate of return)^20 = 190.48/(1 + 10.5%)^20 = 25.86.
Answer: A. Lowering the degree of operating leverage.
Explanation:
The degree of operating leverage measure how much the earnings from a project will change as a result of sales.
If you are worried about the cash flow forecasts, it would be best to lower the operating leverage so as to reduce the forecasting error associated with the project. If the operating leverage is high then a small change in sales could impact income in a relatively huge way. By reducing the DOL, the cashflow from the project is easier to forecast and therefore more reliable.
