FAnswer:
Explanation:
Income Statement
Net sales Revenue 7464000
Less Cost of goods sold 4250000
Gross Profit 3214000
Operating Expenses
Selling Expenses 130000
Admin Expenses 120000 250000
Income from continuing operation 71,400
before income tax
Income tax expenses 35000
Income tax from continuing operation 36,400
Income from discontinuing operation. 1,440
Net of tax (2400-960)
Net Income. 37,840
Earning per Share
Income from continuing operation = (36400-16000)/(12000-4000)= $2.55
Income from discontinuing operations = (1440) / (12000-4000) = $0.18
Net Income = $2.55 / $0.18
Net Income = $2.71
Dividend to preferred stock = 4000 * 4 = $16,000
Explain the core functions of organizational culture.
The core functions of organizational culture are to provide a shared identity and guidelines for behavior, shape employee motivation and productivity, and influence organizational performance and interactions with stakeholders.
Organizational culture refers to the shared values, beliefs, attitudes, and practices that shape the behavior of individuals within a company. Its core functions are to create a sense of identity and unity among employees, provide guidelines for behavior, and help employees understand the organization's mission and goals. Culture also affects employee motivation, engagement, and productivity.
It influences the recruitment and retention of employees, shapes the way decisions are made, and determines how the organization interacts with stakeholders. Effective organizational culture fosters innovation, collaboration, and adaptability, while a negative culture can lead to high turnover, low productivity, and poor performance.
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what is development
Answer:
when your slowly growing or developing a new tecnique of something
Explanation:
SELECT AN ORGANISATION OF YOUR CHIOCE.
1.1 SUMMARISE THE NATURE OF BUSINESS
1.2 SUMMARISE THE BUSINESS MODEL
1.3 WHAT ARE THE KEY BUSINESS DRIVERS
2.1 NATURE OF DECISION DESCRIBING WHAT DECISION NEEDED TO BE MADE AND WHY
2.2 SUMMARISE HOW WAS THE DECISION MADE
2.3 ANALYSE THE DECISION MADE AND DESCRIBE IF A QUALITATIVE OR QUANTITATIVE APPROACH WAS USED AND JUSTIFY YOUR RESPONSE
2.4CONFIRM WHY WAS THIS APPROACH TAKEN BY THE BUSINESS AND APPRAISE THIS APPROACH FROM RISK MODELLING PERSPECTIVE
3.1 USING THE SELECTED BUSINESS DECISION FROM ABOVE, IDENTIFY AT LEAST 5 RISKS THAT NEEDED TO BE CONSIDERED TO MAKE THE SAME
3.2 USING THE RISK REGISTER IN THE PREVIOUS SECTION, CONDUCT A QUALITATIVE RISK ANALYSIS FOR THESE 5 RISKS BY PROPOSING THE PROBABILITY OF OCCURRENCE AND IMPACT FOR EACH RISK
3.3 USING A MATRIX INCLUDED IN APPENDIX A, PLOT THE RISKS ON A HEAT MAP AND EXPLAIN WHAT THE MAP MEANS
4.1 USING THE REGISTER DERIVED IN QUESTION 3.1, CALCULATE THE AVERAGE IMPACT (EXPECTED MONETARY VALUE) USING AGGREGATION OF STATIC VALUES
4.2 SUMMARISE WHAT DOES THIS AVERAGE IMPACT VALUE MEANS FOR THE ORGANISATION
5.1 USING THE REGISTER FROM 3.1, CALCULATE THE 5 POSSIBLE EXPECTED MONETORY VALUES USING THE AGGREGATION OF THE RISK DRIVEN OCCURRENCES METHODOLOGY
5.2 DESCRIBE THE RESULT OF THIS METHODOLOGY USING AN APPROPRIATE DIAGRAM
5.3 SUMMARISE WHAT DOES THIS AVERAGE IMPACT VALUE MEANS FOR THE ORGANISATION
An organization that will be analyzed in this context is Coca-Cola.1.1 Summary of the nature of the business:Coca-Cola is one of the most well-known beverage manufacturers in the world. They create fizzy drinks, juices, and water for a variety of markets.
Their drink portfolio includes more than 200 brands sold in over 200 countries.1.2 Summary of the business model:Coca-Cola Company follows a business model based on creating strong brands that generate significant customer demand.
Their main goal is to build and enhance brand equity. They engage in extensive advertising and promotion campaigns to attract more consumers.1.3 What are the key business drivers:Coca-Cola's essential business drivers are its brand, extensive distribution network, market reach, product innovation, customer satisfaction, and product differentiation.2.1 Nature of decision describing what decision needed to be made and why:The business decision that was taken by Coca-Cola was regarding the selection of the right marketing mix, which is a critical decision.
This allowed them to gain valuable insights into how the consumers perceive their products, which they could use to develop targeted marketing strategies. From a risk modeling perspective, the approach is beneficial because it allows the company to minimize the risks by identifying the issues that consumers may face with their products.3.1 Using the selected business decision from above, identify at least 5 risks that needed to be considered to make the same:1. Competition from other beverage manufacturers2. Consumer preferences and behavior3. Changes in market trends4. Fluctuating economic conditions
5. Changing health and safety regulations3.2 Using the risk register in the previous section, conduct a qualitative risk analysis for these 5 risks by proposing the probability of occurrence and impact for each risk:The following table shows the qualitative risk analysis for the five risks that were identified:RiskProbabilityImpactCompetitionMediumHighConsumer preferences and behaviorHighHighChanges in market trendsLowHighFluctuating economic conditionsHighMediumChanging health and safety regulationsLowMedium3.3 Using a matrix included in Appendix A, plot the risks on a heat map and explain what the map means:The risks were plotted on a heat map, as shown below:The heat map shows that the competition and consumer preferences risks have a higher probability of occurrence and impact, while the changes in market trends and health and safety regulations have a lower probability of occurrence and impact.4.1 Using the register derived in question 3.1, calculate the average impact (expected monetary value) using aggregation of static values:
The five possible expected monetary values are calculated by multiplying the probability of each risk and the range of possible impacts.RiskProbabilityImpactRange of possible impactsExpected Monetary ValueCompetitionMedium$2,000,000-$4,000,000$1,200,000Consumer preferences and behaviorHigh$3,000,000-$5,000,000$3,000,000Changes in market trendsLow$1,000,000-$3,000,000$300,000Fluctuating economic conditionsHigh$1,000,000-$2,000,000$1,200,000Changing health and safety regulationsLow$500,000-$1,000,000$50,000Total Expected Monetary Value$5,750,0005.2 Describe the result of this methodology using an appropriate diagram:The following diagram shows the possible expected monetary values for the five risks:5.3 Summarize what does this average impact value mean for the organization:
The average impact value means that the Coca-Cola Company could potentially lose an estimated $5,750,000 due to the five risks that were identified. This value represents the range of possible impacts that the company may face, given the probability of occurrence of each risk. The company can use this information to identify the risk mitigation strategies that are required to minimize the impact of these risks.
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Bill is the supervising editor for a publishing company. He directs his employees ' tasks and is ultimately responsible for the work that his department accomplishes . Bill is an example of a(n)
HR director.
line manager.
specialized employee.
classifier.
Answer:
line manager
Explanation:
You decide to decrease the price of your product to increase total sales revenue, because you believe your product's demand is
A) perfectly inelastic
B) unit elastic
C) price elastic
D) price inelastic
Answer:
C) price elastic.
Explanation:
Celestial Artistry Company is developing departmental overhead rates based on direct-labor hours for its two production Department. Etching and Finishing. The Etching, Department employs 20 people and the Finishing Department employs 80 people. Each person in these two departments works 2,000hours per year. The production-related overhead costs for the Etching Department are budgeted at $200.000, and the Finishing Department costs are budgeted at $320.000. Two service departments. Maintenance and Computing directly support the two production departments. These service department, have budgeted costs of $48,000 and $250,000 respectively. The production department’s overhead rates cannot be determined until the service department’s costs are allocated. The following schedule reflects the use of the Maintenance Departments and Computing Department’s output by the various departments.
Using Department
Service Department Maintenance Computing Etching Finishing
Maintenance(maintenance hours) 0 1,000 1,000 8,000
Computing (minutes) 240,000 0 840,000 120,000
Required:
1. Use the direct method to allocate service department costs. Calculate the overhead rates per direct labor hour for the Etching Department and the Finishing Department.
2. Use the step–down method to allocate service department costs. Allocate the Computing Department’s costs first. Calculate the overhead rates per direct-labor hour for the Etching Department and the Finishing Department.
Answer:
Celestial Artistry Company
1. Allocation of Service departments costs (direct method):
Service Dept Production Dept.
Maintenance Computing Etching Finishing Total
Overheads $48,000 $250,000 $200,000 $320,000 $818,000
Maintenance (48,000) 5,333 42,667 0
Computing (250,000) 218,750 31,250 0
Total costs $0 $0 $424,083 $393,917 $818,000
Direct labor hours 40,000 160,000
Overhead rate per direct labor hour $10.602 $2.462
2. Allocation of Service departments costs (step-down method):
Service Dept Production Dept.
Maintenance Computing Etching Finishing Total
Overheads $48,000 $250,000 $200,000 $320,000 $818,000
Computing 50,000 (250,000) 175,000 25,000 0
Maintenance (98,000) 0 10,889 87,111 0
Total costs $0 $0 $385,889 $432,111 $818,000
Direct labor hours 40,000 160,000
Overhead rate per direct labor hour $9.647 $2.701
Explanation:
a) Data and Calculations:
Etching Finishing Total
Employees 20 80 100
Direct labor hours per year 2,000 2,000
(per employee)
Total direct labor hours/year 40,000 160,000 200,000
Production-related overhead $200,000 $320,000 $520,000
Service Dept Production Dept.
Maintenance Computing Etching Finishing Total
Overheads $48,000 $250,000 $200,000 $320,000 $818,000
Maintenance
(maintenance hours) 0 1,000 1,000 8,000 10,000
Computing (minutes) 240,000 0 840,000 120,000 1,200,000
Direct Allocation of Service Departments Overheads:
Maintenance Overhead:
Etching = $5,333 ($48,000 * 1,000/9,000)
Finishing = $42,667 ($48,000 * 8,000/9,000)
Computing Overhead:
Etching = $218,750 ($250,000 * 840,000/960,000)
Finishing = $31,250 ($250,000 * 120,000/960,000)
Step-down Allocation of Service Departments Overheads
Computing Overhead:
Maintenance = $50,000 ($250,00 * 240,000/1,200,000)
Etching = $175,000 ($250,00 * 840,000/1,200,000)
Finishing = $25,000 ($250,00 * 120,000/1,200,000)
Maintenance Overhead of $98,000:
Etching = $10,889 ($98,000 * 1,000/9,000)
Finishing = $87,111 ($98,000 * 8,000/9,000)
Which of the following is true if you find a better rate on an external 3rd party channel within 24 hours of making a reservation through one of Marriott's direct channels?
If you find a better rate on an external 3rd party channel within 24 hours of making a reservation through one of Marriott's direct channels, the Marriott’s Best Rate Guarantee policy comes into effect.
Marriott’s Best Rate Guarantee policy is a commitment to providing the lowest rate possible. If you find a lower rate within 24 hours of booking through one of Marriott’s direct channels, Marriott will match that rate and offer an additional discount of 25%.
This policy applies to any Marriott brand including Ritz-Carlton, St. Regis, Westin, Sheraton, Aloft, and othersYou need to first book your reservation through Marriott’s direct channels like Marriott.com, the Marriott Mobile app, Marriott Bonvoy app, the Marriott Reservation Center, or directly with the hotel.
After that, you should look for lower rates on other third-party websites. If you find a lower rate within 24 hours, contact Marriott’s Customer Care team, and they will match that rate plus an additional discount of 25%.The policy does come with some terms and conditions.
The lower rate you find on the third-party website must be for the same hotel, same room type, same dates, same number of guests, same currency, and with the same booking conditions. It also excludes rates that are only available to members of certain groups or organizations, package rates that include flights, car rentals, and other amenities, and rates that are not available to the general public
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QUESTION 11
Whether targeting consumers or resellers, marketers need to focus on:
O Buying center synergy.
O Corporate profit sharing
O Reducing derived demand
O Creating value for their customers
Marketers need to focus on creating value for their customers. The Option D.
Why is creating value for customers crucial for marketers?Creating value for customers is crucial for marketers as it directly impacts customer satisfaction and loyalty. When marketers prioritize creating value, they focus on understanding customer needs and preferences, developing products or services that meet those needs and delivering exceptional customer experiences.
By doing so, they differentiate themselves from competitors, build strong customer relationships and drive business growth. When customers perceive value in what a company offers, they are more likely to make repeat purchases.
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Mrs. Slayman slays all day. She slays 17 times a second. Approximately how much Slaying does Mrs. Slayman do in a day?
Mrs. Slayman slays approximately 1,468,800 times in a day.
How to calculate much Slaying does Mrs. Slayman do in a dayIf Mrs. Slayman slays 17 times every second, then in one minute (60 seconds), she slays:
17 times/second * 60 seconds = 1020 times/minute
In one hour (60 minutes), she slays:
1020 times/minute * 60 minutes = 61,200 times/hour
And in one day (24 hours), she slays:
61,200 times/hour * 24 hours = 1,468,800 times/day
Therefore, Mrs. Slayman slays approximately 1,468,800 times in a day.
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You are thinking about buying a piece of art that costs $50,000. The art dealer is proposing the following deal: He will lend you the money, and you will repay the loan by making the same payment every two years for the next 20 years (i.e., a total of 10 payments). If the interest rate is 4% per year, how much wil
Answer:
34
Explanation:
if you just subtract the snswer from the days of the week he works youll get the nswer
1. A requested task is subject to be reported when:
Requesting for a screenshot
When it is asking for 3 proofs
When it requests for email address to be submitted
The task requested promote violent and/or illegal activities
A requested task is subject to be reported when it promotes violent and/or illegal activities. This ensures that any content or actions that pose a threat or violate the law are appropriately addressed and handled. Reporting such tasks helps maintain a safe and secure environment for users and prevents the dissemination of harmful or unlawful content.
Promoting violent and/or illegal activities goes against community guidelines and ethical standards. By reporting such tasks, users can play an active role in upholding the rules and regulations of the platform or community they are a part of. Reporting serves as a mechanism for users to flag content or requests that could potentially harm individuals or society as a whole.
Requesting for a screenshot, asking for three proofs, or requesting an email address submission, on their own, may not necessarily warrant a report. These actions typically serve functional or practical purposes in various contexts. However, it is essential to assess the overall intent and impact of a requested task to determine whether it aligns with ethical standards and legal requirements. If a task requests actions that are potentially harmful or against the rules, it should be reported to the appropriate authorities or platform administrators for further investigation and appropriate action.
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Entrepreneurship is when someone:
a.) does not work for hourly pay, but instead pays themself.
b.) goes into a business partnership with a co-founder.
c.) sets up, founds, or develops a unique business.
d.) looks for ways to make money in unique ways.
Entrepreneurship is when someone sets up, founds, or develops a unique business. option C is the answer
Who is an Entrepreneur?
An entrepreneur is an individual with a unique idea that s aimed as problem solving.
The person identifies a problem and then create a lasting solution that will bring about opportunities and satisfaction to the people.
An entrepreneur bears the risk that comes from starting or establishing a new business and create opportunity around it.
Therefore, someone who sets up, founds, or develops a unique business is an entrepreneur.
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Telephone companies offer lower long-distance rates at certain times of the day or week because at those times
A. The supply of telephone lines increases
B. Supply and demand are equal
C. Demand is greater than supply.
D. Supply is greater than demand.
Protecting the environment can be done by a small group of people by themselves.
Please select the best answer from the choices provided
OT
OF
Answer:
false
Explanation:
just took the test
Who is a second-degree contact on a professional networking site?
Explanation:
2nd-degree ties - Individuals linked to certain 1st-degree links. We may submit an application to them through pressing the Preview button on everyone personal page, or by sending an email to them.
6 of 10
How could defaulting on a loan or having a high debt-to-income ratio
impact your future opportunities?
It can improve your credit score and make it easy to borrow money for big
purchases like a house or car.
It can block affordable options in your searching algorithms.
There is no impact on future opportunities.
It can lower your credit score and make it difficult to borrow money for big
purchases like a house or car.
Like defaulting on a loan or having a high debt-to-income ratio
impact your future opportunities, in the sense that you can lower your credit score and make it difficult to borrow money for large purchases like a house or car.
How to improve your credit score?It is essential that the individual has a financial plan so that he can meet his responsibilities on a loan in the amount and date agreed by contract. Timely payments are essential to raise your credit score, there are some features that help with this purpose, such as pre-scheduled payments to be automatically debited.
Therefore, personal financial planning is an essential tool for citizens to make financial decisions in line with their reality, a personal budget will help to better understand their income and expenses, and consequently, better manage their money.
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88) What characteristic must an asset have in order to count as a current asset? A) tangibility B) liability C) goodwill D) liquidity
The answer is D) liquidity. Liquidity is the characteristic that an asset must have in order to count as a current asset.
What do you mean by current assets?A current asset is anything that appears on the balance sheet of a business that is either cash, a cash equivalent, or that may be converted into cash within a year.
What current and non-current assets actually entail?Short-term assets are ones that can be swiftly liquidated and utilized for a company's urgent requirements. Noncurrent Assets are long-term and have a useful life of over a year.
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This level is at the top, it is composed of the members of the board of directors (BOD) and at the chief executive and administrative officers of the company who are responsible for the financial performance of the corporation: as a whole and for achieving the non- financial goals of the firm like the corporate images and social responsibility.
Answer:
The board of directors, including the general manager or CEO (chief executive officer), has very defined roles and responsibilities within the business organization. ... Conversely, management is not responsible for the overall policy decisions of ... top candidates who will bring financial success to the value-added business.
Explanation:
Roles and responsibility of central management(business policy)
Answer:
The Four Functions of Management: What Managers Need to Know
Planning. One main role of a manager is creating a plan to meet company goals and objectives. ...
Organizing. ...
Leading. ...
Controlling. ...
How to Develop Key Management Skills. ...
Work to Develop Your Management Skills With an MBA.
a(n) is a mutual fund company that has the ability to issue as many shares as investors are willing to purchase. group of answer choices variable share mutual fund closed-end mutual fund open-end mutual fund share repurchase fund
The correct response is C. open-end mutual fund. A(n) open-end mutual fund is a mutual fund company that has the ability to issue as many shares as investors are willing to purchase.
The word "open ended funds" refers to investments and redemptions being available at all times. In India, open ended funds are the most popular type of mutual fund investment. These funds are perpetually open because they have neither a lock-in period nor maturity. A collective investment plan known as an open-end fund (or open-ended fund) has the flexibility to issue and redeem shares at any time. Instead of from the current shareholders, an investor will often buy shares of the fund directly from the fund. The word contrasts with a closed-end fund, which typically issues all of the shares it will issue up front and typically allows investors to trade those shares later on. Most developed nations have open-ended funds, however there are differences in terminology and operational procedures. Open-ended funds include, but are not limited to, US mutual funds, UK unit trusts and OEICs, European SICAVs, and hedge funds. An open-ended fund's performance is directly reflected by the price at which shares are issued or can be redeemed, which varies in proportion to the fund's net asset value.
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What is a premium?
A. the amount paid by the policyholder before the insurance policy starts paying on the claim
B. the amount paid after the deductible has been satisfied and until the out-of-pocket maximum has been reached
C. the maximum amount a policy will pay out in any one year
D. the amount paid by the policyholder to the insurer on a regular basis for the policy
Answer: 1. a policy purchased from a company that provides financial protection against financial loss or harm caused by a possible event
2. the amount paid by the policyholder to the insurer on a regular basis for the policy
3. the amount paid by the policyholder before the insurance policy starts paying on the claim
4. Health insurance policies for those who do not have access to employer-provided health plans or who do not qualify for government-provided plans, offered through a marketplace, and purchased by individuals for themselves and their families.
5. Medicare
Explanation: My quizlet name is Aron_Sonn so consider dropping by :)
Premium refers to the amount paid by the policyholder to the insurer on a regular basis for the policy. Thus, Option (D) is correct.
The premium is an essential component of an insurance contract and is determined based on various factors such as the type of coverage, the risk profile of the insured individual or property, and the desired coverage limits.
Policyholders make regular premium payments, which could be monthly, quarterly, or annually, in order to maintain their insurance coverage. These payments ensure that the insurance policy remains in effect and that the policyholder is eligible to receive the benefits and financial protection outlined in the policy.
Thus, Option (D) correctly shows that the premium serves as the financial consideration for the insurance company's assumption of risk and provision of coverage.
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if you deposit $1000 in a savings account with an interest rate of 5% what will be the future value?
The future value of the amount deposited in the savings account, in a year's time, would be $ 1, 050.
How to find the future value ?To calculate the future value of the deposit, we can use the formula:
FV = PV x (1 + r)^n
Where FV is the future value, PV is the present value (in this case, $1000), r is the interest rate (5%, or 0.05 as a decimal), and n is the number of compounding periods.
Assuming that the interest is compounded annually, n would be 1. So, plugging in the values, we get:
FV = 1, 000 x (1 + 0.05) ¹
FV = 1, 000 x 1.05
FV = 1, 050
Therefore, the future value of the deposit would be $1050 after one year, assuming an interest rate of 5% and annual compounding.
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What are the most important information needs that a governmental annual report should fulfill for each of the following: __________1. Administrators/managers in the governmental entity. 2. Members of the legislative branch. 3. Interested citizens. 4. Creditors or potential creditors.
Answer:
1. Compensation for employment services that they offer.
2. Disbursement in sufficient proportions of the available funds.
3. How the government have used their tax money.
4. The ability and capacity of the government to honor debts.
Explanation:
Each stakeholder to the governmental annual report hold a different need compared to the other. Therefore it is important to pay attention to whom the financial statements speaks to. The above shows the different needs of the stakeholders to governmental annual report.
Explain the technique to make change in counter transactions correctly.
Answer:
The correct ways to prepare a customer's change over the counter are:
Explanation:
1. In the cash drawer, store each denomination together in a section
2. As you receive cash, straighten them out and arrange them uniformly. Let every bill be faced in the same direction.
3. Deduct the total price of goods bought from the total amount handed to you by the customer.
4. The result from the above calculation is the customer's change.
5. Peek into the cash drawer and neatly pick out the notes or bills that make up this amount.
6. Carefully replace the shifted bills or coins in the drawer.
7. Place your hands on the desk or in sight of the customer and count the change for them to see.
8. Hand it over to the customer!
Indigo Inc. is going public and issuing 150,000 shares of common stock. The capital raised in the IPO will fund the company’s proposed expansion. A Dutch auction is used to allocate shares in the Indigo IPO. The following table shows the number of shares requested by potential investors in each row.
Bids
Number of Shares Requested
Price per Share
Bidder # 1 50,000 $63
Bidder # 2 100,000 61
Bidder # 3 150,000 59
Bidder # 4 200,000 57
Bidder # 5 250,000 55
Bidder # 6 300,000 53
What should be the firm’s IPO offer price?
Present and future value tables of $1 at 3% are presented below:
N FV $1 PV $1 FVA $1 PVA $1 FVAD $1 PVAD $1
1 1.03000 0.97087 1.0000 0.97087 1.0300 1.00000
2 1.06090 0.94260 2.0300 1.91347 2.0909 1.97087
3 1.09273 0.91514 3.0909 2.82861 3.1836 2.91347
4 1.12551 0.88849 4.1836 3.71710 4.3091 3.82861
5 1.15927 0.86261 5.3091 4.57971 5.4684 4.71710
6 1.19405 0.83748 6.4684 5.41719 6.6625 5.57971
7 1.22987 0.81309 7.6625 6.23028 7.8923 6.41719
8 1.26677 0.78941 8.8923 7.01969 9.1591 7.23028
9 1.30477 0.76642 10.1591 7.78611 10.4639 8.01969
10 1.34392 0.74409 11.4639 8.53020 11.8078 8.78611
11 1.38423 0.72242 12.8078 9.25262 13.1920 9.53020
12 1.42576 0.70138 14.1920 9.95400 14.6178 10.25262
13 1.46853 0.68095 15.6178 10.63496 16.0863 10.95400
14 1.51259 0.66112 17.0863 11.29607 17.5989 11.63496
15 1.55797 0.64186 18.5989 11.93794 19.1569 12.29607
16 1.60471 0.62317 20.1569 12.56110 20.7616 12.93794
At the end of each quarter, Patti deposits $2,200 into an account that pays 12% interest compounded quarterly. How much will Patti have in the account in 4 years?
a. $31,060.
b. $29,551.
c. $30,532.
d. $29,803.
Based on the amount being deposited, Patti will have a total of $44,345.18 after 4 years.
Patti is depositing a specific amount every month so this is an annuity.
First we have to convert the interest rate and period to quarterly basis as this is the period of compounding.
12%/4 = 3% per quarter
Period = 4 x 4 = 16 quarters
The value of this investment after 4 years is:
Future value of Annuity = Annuity x FVA,16 periods, 3%
= 2,200 x 20.1569
= $44,345.18
In conclusion, Patti will have $44,345.18 in 4 years.
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When it comes to investing, what are you most comfortable with?
High risk - High reward
Medium risk - Medium reward
Low risk - Low reward
Answer:
medium risk for the average person. depends on assets that company/person has
Explanation:
What is one cost of avoiding insurance?
Answer: One of the costs of not having insurance is the cost of repairing. Another cost is paying insurance premiums. Losses caused by a lack of insurance are the price of not having insurance.
Answer:
falling into debt if faced with a serious problem
Explanation:
As a project manager, you review your budget and notice one vendor is costing more than anticipated. You shift funds and recalibrate the budget to offset this increased vendor cost. What is the budgeting term for this task?
A. Contingency budgeting
B. Reserve analysis
C. Setting the baseline
D. Reforecasting
When you engage in this action as a project manager, this is known as reforecasting.
What is reforecasting?It refers to changing the amounts ascribed to budgetary items. It is usually done due to a change in projected spending or income.The vendor in question is costing more than anticipated which means that there is an increase in spending. By shifting funds and recalibrating the budget, you are reforecasting.
In conclusion, option D is correct.
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This professional analyzes statistics and uses them to calculate risks and premiums
Answer:
Explanation:
An actuary compiles and analyzes statistics and uses them to calculate insurance risks and premiums. Mehmud and associates created the tool, called “Wakely Risk Insight,” to aid the consulting firm’s clients.