What's the present value of $1,375 discounted back 5 years if the appropriate interest rate is 6%, compounded monthly?

Characteristics of budgets include: (Check all that apply.) Multiple select question. a focus on the past. typically span a mont

const2013 [10]

Answer:

I. typically span a month, quarter or one year.

II. expressed in monetary terms.

III. formal statement of a company's plans.

Explanation:

A budget is a financial plan used for the estimation of revenue and expenditures of an individual, organization or government for a specified period of time, often one year.

Basically, budgets are usually compiled, analyzed and re-evaluated on periodic basis such as monthly, quarterly or annually.

Some of the important characteristics of budgets include:

I. It typically span a month, quarter or one year.

II. It's expressed in monetary terms.

III. It's a formal statement of a company's plans.

Furthermore, some of the benefits of having a budget are; it aids in setting goals, earmarking revenues and resources, measuring outcomes and planning against contingencies.

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3 years ago

A homeowner desires to sell his or her home and signs an exclusive-listing agreement, requiring payment of a six percent commiss

dem82 [27]

Answer: B. must pay a commission of $24,000 to the listing agent.

Explanation:

An exclusive listing agreement is a contractual agreement whereby a listing broker acts as the agent and in this case, the seller will pay a commission to the listing broker.

Since the homeowner has already signed an exclusive-listing agreement, which requires payment of 6% commission to the real estate agent but later finds a couple who purchases it for $400,000. In this case, the homeowner must still funlfil the terms of the contact and pay the listing agent the percentage that was agreed as commission and this will be:

= 6% × $400000.

= $24000

Therefore, $24000 must be paid to the listing agent.

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3 years ago

Management innovations such as total quality, benchmarking, and business process reengineering cannot lead to sustainable compet

Lilit [14]

Answer: Option B

Explanation: An organisation can earn sustainable competitive advantage in the market only if they have some special assets or rights that they can use to attract the customer and maintain their base for a period of time.

Although, globalization has made the world a single market and every entity is now focusing on maximizing their consumer satisfaction by doing researches and setting benchmarks.

Hence as every second entity operating at a global level is doing the given activities therefore none of them can get competitive advantage.

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3 years ago

Read 2 more answers

A business' last line of defense against risks that cannot be controlled or avoided by other risk management practices is this t

natima [27]

Answer: A business continuity plan

Explanation: Business continuity planning refers to the procedure involved in creating a risk reduction and recovery scheme for a corporation from possible hazards.

The strategy helps to ensure the protection of management and resources and the ability to operate rapidly in the event of an emergency. The BCP is usually designed in ahead of time and includes insight from relevant parties and staff.

BCPs are an essential part of any undertaking. Threats and disturbances result in revenue shortfall and increased costs, resulting in a decline in productivity. And companies can not rely solely on insurance since it does not cover all the costs and the clients that move to the contest.

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3 years ago

someone asked me if there were 2 cities which one would I choose. I asked"what are they" they responded one black city with only

Phoenix [80]

Answer:

Smart

Explanation:

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3 years ago