Answer: The correct answer is $333,333.33
Explanation: Perpetuity is a cashflow that is payable or receivable forever.
In calculating the present value of a Perpetuity, the cash flow will be divided by the rate.
That is $15,000/ 4.5%
=$15,000/ 0.045
=$333,333.33
The money to be set aside now to be able to pay $15,000 every year is $333,333.33
Answer: General Chennault established specific and measurable goals for the pilot.
Explanation:
From the question, we are informed that in Flying Tigers case study from lesson two, General Chennault established an organization in which reward pay was contingent on performance based standards.
The kind of goal setting and pursuit strategy represented in this case study show that General Chennault established specific and measurable goals for the pilot. The pilots know what to do in order for them to get rewarded.
Answer:
E- Gender balance
Explanation:
Gender balance is an important consideration in having a good board for a number of reasons.
- Gender balance provides diversity of thought, contributing to better decisions being made. This diversity of thought contributes to better stakeholder representation as well as up to pace evolution with the market.
- Gender balance as well, brings together strengths more expressed in each gender. For instance, men are more objective and women function better at defining responsibilities
. Bringing together individual strengths, creates a stronger team and increases efficiency of the board.
- Gender diversity also increases access to various essential skills such as operational experience, knowledge of the industry.
Answer:
A nation's economic system is the combination of policies, laws, and choices made by its government to establish the systems that determine what goods and services are produced and how they are allocated. Economics is the study of how a society uses scarce resources to produce and distribute goods and services.
Answer:
$1066.77
Explanation:
The amount that would need to be saved today is referred to as present value.
Present value is the sum of discounted cash flows
Present value can be calculated using a financial calculator
Cash flow in year 1 and 2 = 0
Cash flow in year 3 = $600
Cash flow in year 4 = 0
Cash flow in year 5 = $700
I = 5
present value = $1066.77
To find the PV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
