Answer: A. To stay focused on your goals
A mission statement is a short statement about what the company intends to achieve through its operations.
Great mission statements constantly remind the staff of the company's goals and inspire them to act in a synchronized manner to achieve the company's goals. They set the direction for all action plans within the company and become a part of its corporate culture.
Hence it is important to keep the mission statement in a prominent place so that every member in the organization can stay focused on the company's goals.
An education degree at any given university will take you about 4 years to complete. A specialists degree (science, math, reading etc.) will take at least another 2-3 years to complete.
Answer:
it will help get into college.
Explanation:
a diploma doesn't open the doors to all jobs. also, if you want a higher pay for most jobs, you won't be able to get it with a diploma.
a diploma can open the doors to a college, though. which will help you further your education, and get a degree that can open the doors you need
Answer:
Explanation:
a.)
Using Financial calculator, enter the following CFs to find NPV;
CF0 = -1,800,000
C01 =600,000
C02 =600,000
C03 =600,000
C04= 600,000
C05 = 600,000
Interest rate ( I ) = 8%
CPT NPV = $595,626.02
b.)
Profitability Index (PI)
<em>PI= NPV of cash inflows / Initial outlay</em>
Using Financial calculator, enter the following CFs;
Find the NPV of the expected future cash inflows;
CF0 = 0
C01 =600,000
C02 =600,000
C03 =600,000
C04= 600,000
C05 = 600,000
Interest rate ( I ) = 8%
NPV = $2,395,626.02
PI = $2,395,626.02/1,800,000 = 1.331
c.)
You can use a Financial calculator to find the IRR;
CF0 = -1,800,000
C01 =600,000
C02 =600,000
C03 =600,000
C04= 600,000
C05 = 600,000
CPT IRR = 19.86%
d.)
Based on the NPV rule, a company should accept a project if the NPV is greater than 0. This project's NPV of $595,626.02 meets this criteria , therefore, the project should be accepted.
Based on IRR rule, a company should accept a project if the IRR of the project is greater than the cost of capital; which is also the required return. The IRR of this project is 19.86% which is significantly higher than the cost of capital of 8% hence in agreement that the project should be accepted. The Profitability Index is also greater than 1 hence the project should be accepted.
Answer:
A. cv = $628998.51
B. cv = $638180.86
Explanation:
Fv = iv * (1 + r)^n
Where fv = final value
Iv = initial value. = 630,000
r = rate = 4.5%
n = time of maturity = 4/12 = 0.3333
So therefore:
Fv = 630000(1 +.045)^0.3333
Fv = $639310.75
a. If rate is reduced to 5%
Current market value = c.f.
Since rise or drop in rate would affect the new value of product if you are to sell
So:
639310.75 = cv( 1 + r )^0.3333
cv = 639310.75 / (1.05)^0.3333
cv = 628998.51
b. If rate reduces to 4.25%
Solving it the same way as (a)
639310.75 = cv* ( 1 + 0.0425 ) ^0.3333
cv = $638180.86