Explanation: In simple words, functional departmentalization refers to the process in which an organisation makes different departments within, for performing different tasks.

For example - all the activities related to procurement of money will be performed by finance department.

The main advantage of doing so is that each department will perform only specific assigned activities and all the employees working in the departments will be those who are experts in the field.

8 0

4 years ago

"As a financial analyst, you are tasked with evaluating a capital budgeting project. You were instructed to use the IRR method a

notsponge [240]

Answer:

A. 13.8

Explanation:

In this question, we are applying the Capital Asset Pricing Model (CAPM) formula shown below

Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)

= 4% + 1.4 × (11% - 4%)

= 4% + 1.4 × 7%

= 4% + 9.8%

= 13.8%

The Market rate of return - Risk-free rate of return) is also called as the market risk premium.

8 0

3 years ago

Greeting is the initial stage of the personal selling process that allows the sales person to "break the ice with the prospect.

umka21 [38]

Answer:

true

Explanation:

6 0

3 years ago

Brooklyn has been contributing to a traditional IRA for seven years (all deductible contributions) and has a total of $30,000 in

Zolol [24]

Answer: $13,200

Explanation:

Given that,

Contributing to a traditional IRA = 7 years

Total in account = $30,000

Withdrawal from IRA to help pay for the car = $20,000

marginal tax bracket = 24 percent

Therefore,

After tax withdrawal:

= Withdraws - 10% penalty as per IRS for early withdrawal - 24% tax on $20,000

= $20,000 - 0.1 × 20,000 - 0.24 × 20,000

= $20,000 - 2,000 - 4,800

= $13,200

6 0

4 years ago

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