Answer:
Option D is correct. Concentrating resources on areas that need the most change
Explanation:
Because the Finance head is trying to increase the returns on the reliable projects that has tendency to increase returns by minor investments. This will ensure secure future for the company and efficient working of the operations of the company.
Furthermore vision is associated with the company mission and personal brand and building trust takes a lot of time. And also that the romanticizing risk means the finance head is thinking to take the risk because the company can bear these risks.
Answer:
11.057 years
Explanation:
For computing the number of years we need to apply the NPER formula i.e to be represented in the attachment below:
Given that,
Present value = $1,000 × 8% ÷ 7.55% = $1,059.60
Assuming Future value = $1,000
Rate of interest = 7.2%
PMT = $1,000 × 8% = $80
The formula is shown below:
= NPER(Rate;PMT;-PV;FV;type)
The present value come in negative
So, after applying the above formula, the number of years is 11.057 years
Answer:
A) $14,000.
Explanation:
In the profit or loss statement, the key elements are sales and expenses and the net of these two gives the net income.
Given
Service Revenue = $40,000,
Wages Expense = $25,000
Net Income = $1,000
Total expense = $40,000 - $1,000 = $39,000
The total expense is made of the wage expense and other expenses.
Therefore, other expenses = $39,000 - $25,000
= $14,000
Answer:
Explanation:
Demand in business is the desire of consumers to purchase goods and services at the given prices.
