The people who may be significantly affected by the outcome of this negotiation by the manager include the employer and the customers.
<h3>Who is a manager?</h3>
It should be noted that a manager simply means an individual who oversees the team in a company and ensures that the goals of the company are achieved.
In this case, Ken is the produce manager at saying way a large Supermarket that is part of a national chain and after completing a few management courses offered by his employer, as well as five years of service at the supermarket, he is up for a promotion to assistant manager and is about to negotiate his new salary.
In this case, the people who may be significantly affected by the outcome of this negotiation by the manager include the employer and the customers. This was illustrated in the information.
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Answer:
The correct answer is $20,772.92.
Explanation:
According to the scenario, the given data are as follows:
Payment (pmt) = $12,000
Rate of interest = 5.50%
Rate of interest per month (r) = 5.50 / 12 months = 0.46%
Time = 10 years (n) = 120 months
So, the future value can be calculated by using following formula:
Future value = PMT ×(1+r)^n
= $12,000 × ( 1 + 0.46% )^120
= $20,772.92
Hence, the future value at the end of 10 years will be $20,772.92.
Answer:
Total Sales
Explanation:
Vertical analysis is a financial statement analysis in which all the line items of any financial statements (income statement or balance sheet) are enlisted as a percentage of one main item. For income statement, the main item is total sales as the item starts with the total sales while for balance sheet, the main item is total assets as the summation of current and non-current assets conclude the total asset. Therefore, we need to give 100% for total sales if we analyse the ratio vertically.
