Answer:
Foley will probably win because he didn't do anything wrong, and he had an implied employment contract with Interactive that stated that he could be fired only after a seven step pre-termination procedure. The handbook guidelines that were given to Foley represent the implied contract, and management assured him that that his performance was adequate.
Answer:
Explanation:
First, find the future value of the deposits at the end of 30 years. They are in the form of an Annuity Due, therefore, set your financial calculator to BGN mode;
Total duration; N = 30
One-time present cashflow; PV = 0
Interest rate per year; I/Y = 9.5%
Recurring payment ; PMT = -2,600
then CPT FV = 426,160.32
Next, find the recurring amount of withdrawal for the 25 years. Because this is an ordinary annuity(made at the end of every year), set your financial calculator back to "END" mode;
Total duration; N = 25
Present value; PV = - 426,160.32
Interest rate per year; I/Y = 3.5%
One-time future cashflow FV = 0
then CPT PMT = 25,856.87
Therefore annual annuity amount you will withdraw is $25,856.87
Answer:
The correct answer is C: $1,925,000
Explanation:
Giving the following information:
Last month, direct materials (electronic components, etc.) costing $550,000 were put into production. Direct labor of $880,000 was incurred, manufacturing overhead equaled $495,000.
Total product cost= direct material + direct labor + MOH= 550000 + 880000 + 495000= $1,925,000
<span>The four characteristics used to classify retail stores are: the type of merchandise sold; the variety and assortment of merchandise sold; the level of customer service; the price of the merchandise. For example, we know that Whole Foods and Aldi are both grocery stores. However, Whole Foods provides different types of merchandise and provides a different level of customer service, as they focus on organic and healthy foods and their employees bag groceries. Aldi, on the other hand, focuses on cheaper foods without much heed to organic or health materials, and they do not bag groceries.</span>
If a consumer believes that the price of the good will be higher in the future he is more likely to purchase the good now. If the consumer expects that her income will be higher in the future the consumer may buy the good now. In other words positive expectations about future income may encourage present consumption.
