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just olya [345]
3 years ago
7

You have been given the choice to invest $1,200 each year in an account that is expected to pay 3 percent per year or you can in

vest in an account that pays 4 percent. What is the difference between the returns, if you choose to invest for four years
Business
1 answer:
gregori [183]3 years ago
8 0

Answer:

$4872.48

Explanation:

future value = amount x annuity factor

Annuity factor = {[(1+r)^n] - 1} / r

r = 4% - 3% = 1%

1200 x [(1.01)^4 - 1] / 0.01 = $4872.48

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Kidzo Inc., a toy car company, has several groups in its manufacturing unit dedicated to do different tasks. For example, it has
MissTica

Process departmentalization

Explanation:

Departmentalization

  • An organization has separate departments based upon the different task each performs for the organization.
  • Functional departmentalization - a manufacturing company may have a production department, sales and marketing department, an accounting department, and a human resources department.
  • Product departmentalization -  a company may have a wide range of products
  • Customer departmentalization - a company may have different customer bases
  • Geographical departmentalization - a company can hire employees to serve different customers from different geographical locations
  • Process departmentalization - a company may have employees grouped into teams for a specific process
5 0
3 years ago
Which statement describes an hourly wage job? Each paycheck is the exact same regardless of number of hours worked. Each paychec
tangare [24]

Answer:

If an employer wants the employee to work more hours in a week, the result is a larger paycheck.

Explanation:

An hourly wage job means that you get paid according to the number of hours you work and your wage will be determined by this. If you work more hours your paycheck will be higher and if you work less hours it will be lower. According to this, the statement that describes an hourly wage job is: if an employer wants the employee to work more hours in a week, the result is a larger paycheck.

8 0
4 years ago
Which federal regulatory agency would most likely bring a civil suit against a business that broke securities laws?
VARVARA [1.3K]

Which federal regulatory agency would most likely bring a civil suit against a business that broke securities laws?

answer:

THE SEC

8 0
3 years ago
Dividends a. are the rates of return on a company’s capital stock. b. are the difference between the price and present value per
faust18 [17]

Answer:

a. are the rates of return on a company's capital stock.

Explanation:

Dividends are are earnings distributed to company's share holders as a result of the shares held by them in the company.

When a company is formed I.e company quoted on the stock exchange, they are usually financed by shareholder's fund.

A share is the unit of capital of a company allocated to an individual while a shareholder is someone who has share(s) in the company. Shareholders are owners of the company. They are also investors and so they expect returns on their investment at the end of each financial period.

These returns are paid to the share holders as dividened which are the rates of returns on a company's capital stock.

7 0
3 years ago
Suppose the average income of a citizen of Poland is higher than the average income of a citizen of Romania. You might conclude
irinina [24]

Answer:

D) productivity in Poland is higher than in Romania.

Explanation:

Income and wages are directly related to productivity and economic growth. Productivity refers to the total output produced by each unit of labor, an almost all variations in the standard of living of a country and most variations in economic growth are associated with it.

The logic is that a worker that is able to generate a higher level of output should earn a higher income. E.g. if you are a salesperson that sells $200,000 worth of merchandise per month should earn more money that another salesperson that only sells $50,000 per month. Generally, the more money you earn, the higher your standard of living.

6 0
3 years ago
Read 2 more answers
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