Answer:
FV = 2,621,048.23
Explanation:
we will calcualte the future value of an annuity with an geometric progression:
g 0.03
r 0.092
C 5,356 ( we will save next year (52,000 x 1.03) the 10% )
n 39 (we start saving next year)
FV = 2,400,227.319
As we deposit at the first day of the year this will be an annuity-due so we will multiply by (1 +r)
FV = 2,621,048.23
Answer:
problems
before
franchise
idea
Any two of these:
Make time to meet with clients instead of talking on the phone.
Join a business networking group.
Take business colleagues or prospects out to lunch at least once a week.
Teach a workshop in your field at the community college.
Any two of these
Freedom
Creativity
Profit
Explanation:
pf
Answer:
In layman's terms, you suggest a highly skilled communications specialist with exceptional creative abilities. You frequently recommend a sales manager who is known with his or her abilities to provide clear direction and follow action. The project will need individuals who will have the relevant experience in managing others as well as academic specialization in related operations.
Answer:
A) Social factor will work for Prince Sports as people are more enlightened not in 21st century
Economic will work for Prince Sports 21st century because manufacturing of sport facilities and equipments are easily produced and better now, infrastructure and development will help improve Prince Sports returns. Technological will work for Prince Sports because technology is simply an improved ways of doing things and with innovation in technology, Prince Sports would be able to solved the contradiction between racquet speed and sweet spot.
Competitive will work for Prince Sports this is because with an increased competition in the of tennis sporting goods companies, Prince Sports would be force to make their brand stand out by rebranding and doing more research on their products improvement.
Regulatory Because of the regulatory forces, the Prince Sports business is governed and everything follows rules and regulations, it has helped Prince Sport to abide by the international regulation laws and prevent the local market of tennis racquets to suffer due to the trade regulations on products.
B) Worked against:
Social: At this age of Social media, people easily give of false information deliberately or unintentionally that tends to misleads customers, which works against Prince Sports.
Competition can make prince sports dwindle of they do not opt their own business
Explanation:
Answer:
The labor efficiency variance for this last pay period was $1,200 Favorable.
Explanation:
In order to calculate Dreary's labor efficiency variance for this last pay period, we have to calculate first the standard hours allowed for actual work using the following formula:
Standard hours
allowed for actual work= (
<u>Total number of applications
)</u> × number of
Standard number of applications hours worked
= <u>(2.500 applications)</u>× 8 hours
10 applications
=2,000 hours
After having calculated the Standard hours allowed for actual work, we can calculate the labor efficiency variance using the following formula:
labor efficiency variance= (Actual hours worked-Standard hours allowed for actual work)× standard rate
= (1,920-2,000)×$15
=-$1,200
The Labor efficiency variance is $1,200 Favorable.
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