Management accounting is an internal accounting function for organizations that involves providing information to internal stakeholders to assist in their planning, control, and decision-making activities. In this question, the users of management accounting include.
i for profit organizations, ii not-for-profit organizations, iii city governments, and iv educational institutions, so option A (i, iii, and iv) is the correct answer.
I. For-profit organizations: Management accounting is essential in the context of for-profit organizations because they have to make several strategic decisions to keep up with their competition and survive in the long run. Management accounting helps the for-profit organizations by providing valuable insights into key financial and non-financial data.
II. Not-for-profit organizations: Management accounting is critical for not-for-profit organizations as well, as they also have to manage their financials and operate in the best possible way with the limited resources they have.
III. City governments: Local governments require accurate financial information to make decisions that impact their constituents' quality of life. Management accounting helps local governments maintain their finances and make informed decisions on infrastructure and services that benefit citizens.
IV. Educational Institutions: Management accounting is used in educational institutions to aid them in making informed financial decisions. Educational institutions are run like businesses and require information on their costs, revenues, and resource allocations, which can be done by the use of management accounting.
To know more about management visit :
https://brainly.com/question/32216947
#SPJ11
'what she said' phrase or clause. give reason
The cost of implementing and maintaining an activity-based costing system ______ the benefits received. Multiple choice question.
The implementation and maintenance of an activity-based costing system may outweigh costs greater than the benefits obtained (option B)
What is the Activity Based Costing System?The ABC (Activity Based Costing) is a model that allows the allocation and distribution of the different indirect costs, according to the activities carried out, since these are the ones that actually generate costs.
This system arises from the need to solve the problem that standard costs normally present, when they do not faithfully reflect the added value chain in the production of a specific product or service, and therefore, it is not possible to adequately determine the price.
According to the above definition, it can be inferred that this costing system is not the most efficient because it can result in implementation and maintenance may outweigh costs over profits or benefits.
Note: This question is incomplete because the options are missing. Here are the options:
will always be higher thanmay outweighwill always be less thanLearn more about Activity Based Costing System in: https://brainly.com/question/24929506
Leah is buying a car. She has saved money for a down payment, and she takes out a loan to finance the rest of the amount owed. How much will Leah have to pay back?
A. The principal only
B. The principal minus the down payment
C. The down payment only
D. The principal plus interest
Answer:
Answer: D
Explanation:
Leah takes out a loan to finance the rest of the amount owed. She will have to pay back the principal plus interest. The appropriate response is option D.
What is the principal ?The principal of a loan is the sum that was initially borrowed and is still owing. Any accrued but unpaid interest related to the loan is not included in this sum. The phrase can also be used to describe the principal party to a contract or other type of commercial transaction.
The principal serves as the cornerstone upon which everything else is paid off or constructed, respectively, for both loans and investment accounts.
When a debt is incurred by the borrowing of money, interest is the sum that is charged. It may take a company or person some time to pay off a debt, so interest is frequently charged on a regular basis to promote prompt repayment of the initial sum.
Simple interest and compound interest are the two methods for calculating interest. Simple interest is calculated on a loan's principal. Compound interest is often referred to as "interest on interest".
Hence, the appropriate response is option D.
To learn more about principal
https://brainly.com/question/1407696
#SPJ5
explain how the geography and environment shaped the economic activity of two different colonial regions o cite one piece of evidence from two different graphs to support your claims.
Geography and environment shaped the economic activity of colonial regions through factors such as natural resources and climate.
The geography and environment of colonial regions played a significant role in shaping their economic activities. For example, the New England colonies had a rocky terrain, cold climate, and abundant forests, which encouraged activities such as shipbuilding, fishing, and lumber production. These industries were supported by the region's access to the Atlantic Ocean and its rich fishing grounds. One piece of evidence from a graph depicting colonial exports could show a significant portion of New England's exports being fish, lumber, or naval supplies.
In contrast, the Southern colonies had a favorable climate for agriculture, with fertile soil and a longer growing season. This led to the development of large plantations for cash crops like tobacco, rice, and indigo. A graph showcasing colonial agricultural production might highlight the dominance of these crops in the Southern colonies.
These examples illustrate how the geographic and environmental characteristics of colonial regions influenced their economic activities, as evidenced by the specific industries and products that thrived in each area.
To learn more about “natural resources” refer to the https://brainly.com/question/13354731
#SPJ11
What do behaviorist and cognitivist theories have in common?
a. Praise is an important aspect of learning in both of them.
b. They both rely on a simple stimulus-response system.
c. Repetition is an important aspect of learning in both of them.
d. They both accept that the mind has a conscious role in learning.
on july 1, job 46 had a beginning balance of $690. during july, prime costs added to the job totaled $700. of that amount, direct materials were four times as much as direct labor. the ending balance of the job was $1,600. required: 1. what was overhead applied to the job during july? fill in the blank 1 of 1$ 2. what was direct materials for job 46 for july? direct labor? if rounding is required, round your answers to the nearest cent. line item description amount direct labor $fill in the blank 2 direct materials $fill in the blank 3 3. assuming that overhead is applied on the basis of direct labor cost, what is the overhead rate for the company? round your answer to the nearest whole percent. fill in the blank 1 of 1$ %
The was overhead applied to the job during july $700. The direct materials for job 46 for july and direct labor is $560 and $140. Assuming that overhead is applied on the basis of direct labor cost, the overhead rate for the company is 600% (850/140 * 100).
we need to calculate the amount of direct materials and direct labor used during the month and use that information to calculate the overhead rate applied to the job.
For July, the beginning balance of the job was $690 and the prime costs added to the job totalled $700. As direct materials were four times as much as direct labor, the direct materials cost for the job was $560 and the direct labor cost for the job was $140.
The ending balance of the job was $1,600, so the overhead applied to the job during July was $850 ($1,600 – $750). Direct materials for job 46 for July was $560 and direct labor for job 46 for July was $140.
Therefore Assuming that overhead is applied on the basis of direct labor cost, the overhead rate for the company is 600% (850/140 * 100).
To learn more about overhead rate here:
https://brainly.com/question/26372929#
#SPJ11
true or false, Military spending changed a great deal in the 1970s.
Answer:
false
Explanation:
I own a candy store in my country. I am free to choose the products I sell and I am able to complete against other stories using innovative ideas. After a white selection of candies are various prices what type of economic system does my country most likely utilize
Answer:
The country most likely utilizes a free market economy.
Explanation:
A free market economy is characterized by the price system: in this system, prices signal economic activity in order to coordinate the forces of supply and demand in order to reach a market equilibrium.
In a free market economy, competition is stiff because firms can freely enter and exit the markets, and this also influences the price of goods and services.
Firms try to out-compete other firms by improving production processes, innovating, and lowering costs.
How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
Jasper Auto Inc is going to invest in a new machine to produce Part A. The cost of the machine is $600,000. Part A will have variable cost per unit of $95.00 and the sales price per unit will be $150.00. Fixed costs will be $75,000. The machine is expected to have a life of ten years. Jasper Auto requires a return of 12% on their investments.
Required:
Ignoring the effect of taxes, calculate the following. Round your answers to two decimal points:
Accounting Break-even quantity
Cash Break-even quantity
Financial Break-even quantity
Degree of operating leverage.
The accounting break-even quantity is 1363.64 units, the cash break-even quantity is 789.47 units, the financial break-even quantity is 2479.27 units, and the degree of operating leverage is 0.011.
To calculate the accounting break-even quantity, we need to determine the number of units that need to be sold to cover both variable and fixed costs. The accounting break-even quantity can be calculated as fixed costs divided by the contribution margin per unit. The contribution margin is the sales price per unit minus the variable cost per unit.
Accounting Break-even Quantity = Fixed Costs / Contribution Margin per unit
Fixed Costs = $75,000
Contribution Margin per unit = Sales Price per unit - Variable Cost per unit = $150 - $95 = $55
Accounting Break-even Quantity = $75,000 / $55 = 1363.64 units
To calculate the cash break-even quantity, we consider only the variable costs since fixed costs do not require immediate cash outflow. The cash break-even quantity can be calculated as fixed costs divided by the variable cost per unit.
Cash Break-even Quantity = Fixed Costs / Variable Cost per unit
Cash Break-even Quantity = $75,000 / $95 = 789.47 units
The financial break-even quantity takes into account the return on investment required by Jasper Auto. It considers both variable costs and fixed costs, as well as the required return. The financial break-even quantity can be calculated as follows:
Financial Break-even Quantity = (Fixed Costs + (Return on Investment / Unit Contribution)) / Contribution Margin per unit
Return on Investment = Investment * Required Rate of Return = $600,000 * 12% = $72,000
Unit Contribution = Sales Price per unit - Variable Cost per unit = $150 - $95 = $55
Financial Break-even Quantity = ($75,000 + ($72,000 / $55)) / $55 = 2479.27 units
Lastly, the degree of operating leverage measures the sensitivity of the company's operating income to changes in sales. It can be calculated as Contribution Margin per unit divided by Operating Income.
Degree of Operating Leverage = Contribution Margin per unit / Operating Income
Operating Income = (Sales Quantity * Contribution Margin per unit) - Fixed Costs
Let's assume the company sells 2000 units.
Operating Income = (2000 * $55) - $75,000 = $5,000
Degree of Operating Leverage = $55 / $5,000 = 0.011
These calculations help Jasper Auto understand the sales quantities required to cover costs, achieve the desired return on investment, and assess the sensitivity of their operating income to changes in sales.
To learn more about Break-even click on,
https://brainly.com/question/32990739
#SPJ4
According to public choice theory, individual self-interests influence the actions of.
Public choice theory is undisruptive of economics. It describes how human beings participate in making decisions. Various studies have shown that individual self-interest is the force behind taking decisions.
Although there are some people who make decisions for the sake of others the majority make decisions for self-interest. Public choice theory argues that individuals in the public sector make choices that maximize their utility.
People seek solutions consistent with their self-interest. Public choice seeks to maximize his or her own utility. The public choice theory explains government decisions making as a result of individual self-interest. Public choice insists on using the same model of behavior throughout.
You can learn more about public choice theory at
https://brainly.com/question/1100980
#SPJ4
Qualified Long-Term Care policies may take into consideration an applicant's pre-existing conditions for a maximum of not more than __ month(s) prior to the effective date of coverage.
Qualified Long-Term Care policies may consider an applicant's pre-existing conditions for a maximum of not more than 6 months prior to the effective date of coverage.
When applying for a Qualified Long-Term Care (LTC) policy, insurance companies may evaluate an applicant's pre-existing conditions to determine coverage eligibility and premium rates. However, there are limitations on how far back they can consider these conditions. The maximum period commonly used is 6 months prior to the effective date of coverage.
During the underwriting process, insurance companies assess an applicant's health status, including pre-existing conditions, to evaluate the potential risk and associated costs. By considering the applicant's medical history within the specified timeframe, insurers can determine whether to provide coverage, impose exclusions, or adjust premium rates.The 6-month timeframe ensures that recent and relevant health information is taken into account while preventing insurers from accessing an extensive medical history that may not accurately reflect the current health status of the applicant.
Learn more about Long-Term here:
https://brainly.com/question/31375875
#SPJ11
Qualified Long-Term Care policy insurers, as per federal guidelines, can consider an applicant's pre-existing conditions for a maximum look back period of 6 months prior to the policy's effective date.
Explanation:The duration of the look back period when considering an applicant's pre-existing conditions for a Qualified Long-Term Care policy varies by insurer and jurisdiction, but the maximum period required by federal guidelines is typically 6 months. This means that insurers, for the purpose of establishing the terms and conditions of a policy, can review the applicants' health records and condition as far as 6 months back.
It's important to note that this 'look-back' period protects both the policy holder and the insurer by ensuring a fair assessment of the risk involved. Persons with significant pre-existing conditions may face higher premiums or may not be eligible for certain policy benefits. Always consult with a professional when considering long-term care policies to understand all the facets.
Learn more about Long-Term Care Policies here:https://brainly.com/question/32269281
#SPJ6
Question 6 of 25
For which of the following housing situations is there a tenant and a landlord?
O A. Buying a home
B. Staying at a hotel
O
C. Renting a house
O
D. Selling a condominium
Could someone answer this pls?
Answer:
C
Explanation:
This is because, in renting a house, the owner becomes your landlord and you become the tenant
( 45 POINTS) The receiving process is one that involves multiple steps and is a highly important part of the distribution channel. If errors are made here, it can disrupt the rest of the channel.
True
Neither true or false
False
Answer:
True
Explanation:
Hope It Helps
In developing the pro forma income statement we follow four important steps: 1) compute other expenses, 2) determine a production schedule. 3) establish a sales projection, 4) determine profit by completing the actual pro forma statement. What. is the correct order for these four steps? 1, 2,3,4 4,3,2,1 2,1,3,4 3,2,1,4 Question 4 (1 point) In the development of the pro forma financial statements, the second step in the process is the development of the: cash budget. pro forma balance sheet. pro forma income statement. capital budget.
Correct order for the four steps in developing the pro forma income statement: 2, 1, 3, 4.
Step 1: Determine a production schedule.
Step 2: Compute other expenses.
Step 3: Establish a sales projection.
Step 4: Determine profit by completing the actual pro forma statement.
Explanation:
1) Determine a production schedule: This step involves estimating the amount of goods or services that will be produced during a specific period. It helps in forecasting the costs and expenses associated with the production process.
2) Compute other expenses: Once the production schedule is determined, other expenses such as raw material costs, labor costs, overhead costs, and any other relevant expenses need to be calculated. These expenses are essential for accurately estimating the overall costs of production.
3) Establish a sales projection: In this step, sales forecasts are made based on market research, historical data, and other relevant factors. The sales projection provides an estimate of the revenue that the company expects to generate from the sale of its products or services.
4) Determine profit by completing the actual pro forma statement: After the production schedule, other expenses, and sales projection are determined, the pro forma income statement can be prepared. It includes the estimated revenue, costs, and expenses, allowing for the calculation of the projected profit. This statement helps in assessing the financial performance and viability of the business.
In the development of the pro forma financial statements, the second step in the process is the development of the pro forma balance sheet.
For more such questions on income, click on:
https://brainly.com/question/30157678
#SPJ8
economists measure the elasticity of demand as a in order to compare the characteristics of unrelated products.
The elasticity of demand is a metric used by economists to compare how responsive the demand for a product is to changes in price or other factors, compared to other unrelated products. Through this comparison, economists can gain insights into how consumers prioritize different goods and services and make resource allocation decisions in the economy.
The elasticity of demand also enables economists to make predictions about the impact of changes in policies such as taxes, subsidies, or other interventions on consumer behavior and market outcomes.
This metric helps economists understand the behavior of consumers in different market scenarios, and ultimately assists policymakers and businesses in making informed decisions about how to best allocate resources and create effective policies that meet the needs of consumers.
Read more about economists
https://brainly.in/question/46749006
#SPJ11
a) The three-year forward price is approximately $40.50.
b) Taking into account the income of $2 at the end of the first year and at the end of the second year, the forward price is approximately $37.03.
c) The value of a three-year forward contract with a delivery price of $30 is approximately $10.50.
(a) How to determine the value of a three-year forward contract?To calculate the value of three-year forward price, we can use the formula:
Forward Price = Spot Price * e\(^(risk-free rate * time)\)
where e represents the base of the natural logarithm.
Using the given values:
Spot Price = $30
Risk-free rate = 10% = 0.1
Time = 3 years
Forward Price = $30 * e\(^(0.1 * 3)\)
Calculating this, we get:
Forward Price = $30 * e\(^(0.3)\) ≈ $30 * 1.3499 ≈ $40.50 (to the nearest cent)
(b) How is the adjusted forward price calculated?If the asset provides an income of $2 at the end of the first year and at the end of the second year, we need to subtract the present value of these income payments from the forward price.
The present value of $2 received after one year can be calculated as:
PV_1 = $2 / (1 + risk-free rate)¹ = $2 / (1 + 0.1)¹ = $2 / 1.1 ≈ $1.82
The present value of $2 received after two years can be calculated as:
PV_2 = $2 / (1 + risk-free rate)² = $2 / (1 + 0.1)² = $2 / 1.21 ≈ $1.65
The forward price with income is calculated as:
Forward Price = Forward Price - PV_1 - PV_2
= $40.50 - $1.82 - $1.65
≈ $37.03 (to the nearest cent)
(c)How is the value of a three-year forward contract be calculated?The value of a three-year forward contract with a delivery price of $30 is the difference between the forward price calculated in part (a) and the delivery price.
Value of Forward Contract = Forward Price - Delivery Price
= $40.50 - $30
≈ $10.50 (to the nearest cent)
Learn more about forward price
brainly.com/question/31799434
#SPJ11
an order to buy shares of stock at a specified price or better is called a limit order.
Answer:A limit order is an order to buy or sell a security at a specific price or better. A buy limit order can only be executed at the limit price or lower, and a sell limit order can only be executed at the limit price or higher. Example: An investor wants to purchase shares of ABC stock for no more than $10
Explanation:
Briefly describe the relationship between MPL and MC; then briefly describe the relationship between MC and AVC; what short-term situation do these relationships help to describe; lastly, briefly describe the relationship between MC and AFC.
MPL (marginal physical product) refers to the increase in output that results from increasing labor by one unit. MC (marginal cost) refers to the increase in total cost that results from producing an additional unit of output.
MPL is inversely related to MC, meaning that as MPL increases, MC decreases. This is because when MPL increases, it means that labor is becoming more productive, resulting in lower costs per unit of output.The relationship between MC and AVC (average variable cost) is such that MC intersects AVC at its minimum point. AVC is the total variable cost divided by the total output, while MC is the change in total cost resulting from producing an additional unit of output. The point at which MC intersects AVC is the point where AVC is at its minimum, which is the point at which diminishing returns begin to set in. This relationship helps to describe the short-term situation where a firm has fixed costs and is looking to minimize its variable costs to maximize profit.The relationship between MC and AFC (average fixed cost) is such that as output increases, AFC decreases. This is because AFC is the total fixed cost divided by the total output, while MC is the change in total cost resulting from producing an additional unit of output. As output increases, the total fixed cost is spread out over more units of output, resulting in a decrease in AFC. This relationship helps to describe the short-term situation where a firm is experiencing economies of scale and wants to minimize its average cost per unit of output.
To know more about marginal physical product visit :-
https://brainly.com/question/31446400
#SPJ11
Which job titles both require a
car?
Pizza Delivery Person
and Cashier
IT Supervisor and
Pharmaceutical
Salesperson
AL501
Pharmaceutical
Salesperson and Pizza
Delivery Person
Web Designer and IT
Supervisor
Elf
Which job titles both require a car?
Answer:
sales person and delivery person
Pharmaceutical Salesperson and Pizza Delivery Person are the two job titles that require a car or vehicle for completion of the tasks. Therefore, the option C holds true.
What is the significance of a job title?A job title can be referred to or considered as the designation given to an employee or a worker for the job or task that he or she performs while being employed or on a contractual basis. A job title is always in direct relation with the job description and requirements of the job.
The jobs of both a salesperson, and a pizza delivery person, are such that they need a car or vehicle of any kind in order to carry out the tasks of their job in an efficient way.
Therefore, the option C holds true and states regarding the significance of a job title.
Learn more about a job title here:
https://brainly.com/question/12174315
#SPJ2
What is the biggest expectation from the civil service?
The biggest expectation from the civil service is work toward the betterment and protection of the people.
Civil service:
In general terms, civil service refers the permanent professional branches of a state's administration, excluding military and judicial branches and elected politicians.
Given,
Here we need to find the biggest expectation from the civil service.
As per the definition of civil service, the expectations towards the civil service are listed as follows:
=> selflessness,
=> integrity,
=> accountability,
=> openness,
=> leadership,
=> objective, and
=> honesty.
As a whole, the biggest expectations from the civil service is managing the resources given to them by the government and making use of them efficiently and effectively.
To know more about Civil services here.
https://brainly.com/question/27018687
#SPJ4
A house is constructed in a neighborhood that is substantially larger than the existing houses. Based on the value principle of ___________________, the larger house’s value will therefore be adversely affected.
a. anticipation
b. conformity
c. inadequacy
d. competition
Computerized Accounting with Quickbooks
1. What is the process for making Bank Deposits?
2. How are customers listed in the invoice form?
3. What report will show you all overdue account?
4. If the difference is not zero when you click reconcile on a Bank Reconciliation, what message will QuickBooks give you?
Answer:I hope this helps you
Explanation:
1. To make a bank deposit in QuickBooks, you would go to the Banking menu, select Make Deposits, choose the appropriate bank account, and then enter the details of the deposit, including the date, the deposit amount, and any memo or notes you may want to include.
2. Customers are typically listed in the invoice form in alphabetical order by default, but you can also sort them by other criteria such as date, amount, or balance due by clicking on the appropriate column heading.
3. The report that would show you all overdue accounts is the A/R Aging Detail report. This report will show you all outstanding invoices and how long they have been outstanding.
4. If the difference is not zero when you click reconcile on a bank reconciliation in QuickBooks, the software will display an error message indicating that the reconciliation is out of balance. This means that there is a discrepancy between the ending balance on the reconciliation and the actual balance in the bank account. You will need to review your records carefully to identify and correct the error before you can successfully complete the reconciliation.
chose 10 items to take to a deserted island remember you need shelter there is food on the island and you also may need a fire source........yw have fun
Answer:
a big tent. my friends. a hamic. wepons. a boat. my phone. portabal charger. and my parents
Explanation
Answer:
Box of Matches
Tent
Canteen
Knife
Blanket
Pot
Bug Spray
Cloths
Flashlight
Journal w/ pencil
Explanation:
These are neccasary for survival !
effective _____ on mobile devices convey only the information readers need in order to grasp the scope of the article.
Concise Content Concise content on mobile devices ensures a smoother reading experience, facilitates information absorption
Effective mobile content should be concise, delivering only the essential information required for readers to understand the article's scope. Mobile devices typically have smaller screens, limited attention spans, and potential bandwidth constraints, making it crucial to prioritize brevity. By condensing the content, removing unnecessary details, and focusing on key points, readers can quickly grasp the main ideas without feeling overwhelmed. Concise content on mobile devices ensures a smoother reading experience, facilitates information absorption, and allows users to efficiently navigate through multiple articles or pages, enhancing their overall satisfaction with the content and the mobile platform.
learn more about Concise here:
https://brainly.com/question/23269175
#SPJ11
Expliquen la siguiente frase:
El mero crecimiento económico no es suficiente para terminar con la pobreza y preservar el medio ambiente
Answer:
Efectivamente, el mero crecimiento económico no es suficiente para terminar con la pobreza y preservar el medio ambiente, sino que dicho crecimiento debe ir acompañado de un desarrollo estructural que contemple el acceso igualitario a los distintos servicios por parte de la sociedad, así como también el establecimiento de controles sanitarios y medioambientales que preserven el bienestar de los individuos en el marco del desarrollo de las actividades económicas.
why all choices are economic choices?
Answer:
All choices are economic choices because with every choice we make, we are (sometimes subconsciously) analyzing the costs and benefits of our options. Our choices are guided by self-interest and every choice we make involves some kind of cost, whether it be time or money or something else.
Question 2 of 40
What does the 'P' in the acronym PEST stand for?
A. Price
B. Political
C. Promotion
O D. Positive
SUBN
Answer:
The answer would be B. Political.
Explanation:
PEST Analysis (Political, Economic, Social, and Technological) is a management method whereby an organization can assess major external factors that influence its operation in order to become more competitive in the market. As described by the acronym, those four areas are central to this model.
The 'P' in the acronym PEST stands for political. The correct option is B. Political, Economic, Social, and Technological analysis is known as PEST analysis. This kind of analysis is used to evaluate outside variables that might affect a company's profitability.
What is political in PEST analysis?The threats and weaknesses used in a SWOT analysis are found using a PESTEL analysis. Political factors include government leadership, change, and policies related to foreign trade, as well as internal political issues and trends, tax policy, and trends in regulation and deregulation.
A measurement tool called PEST Analysis is used to evaluate markets for a specific product or industry over a specific period of time. Political, Economic, Social, and Technological (PEST) factors Organizations can make better business decisions after these factors are analyzed.
Thus, the ideal selection is option B.
Learn more about PEST analysis here:
https://brainly.com/question/28766032
#SPJ2
which of the following is a characteristic of training?
A characteristic of training is that it involves imparting knowledge, skills, and attitudes to employees in order to enhance their job performance.
Training is a systematic approach to learning and development that aims to improve employee performance and help them achieve their career objectives. Training is also essential for the success of an organization, as it helps to ensure that employees have the necessary skills and knowledge to perform their jobs effectively.
There are several characteristics of training. First, training is a planned and systematic approach to learning. This means that training programs are designed to meet specific learning objectives, and are organized in a logical and structured manner.Second, training is a process that involves imparting knowledge, skills, and attitudes to employees.
This can be done through a variety of methods, including classroom training, on-the-job training, and e-learning.Third, training is goal-oriented, meaning that it is designed to achieve specific outcomes. These outcomes can include improving job performance, increasing productivity, or enhancing employee motivation and engagement.
Finally, training is a continuous process, as employees need ongoing support and development in order to keep up with changing job requirements and business needs. This means that training programs should be regularly reviewed and updated to ensure that they remain relevant and effective.
The answer is that it involves imparting knowledge, skills, and attitudes to employees in order to enhance their job performance.
Learn more about employees here,
https://brainly.com/question/27404382
#SPJ11
Tim Horton wants to raise funds to open a branch of their coffee shop in Trinidad. To raise the funds, Tim Horton would sell bonds 100 $1,000 par value with a coupon interest rate of 6%. The bonds would mature in 15 years and interest would be paid semi-annually. The required rate of return is expected to be 8%.
Requirement:
a) Calculate the value of one bond
b) What is the total amount Tim Horton would raise if all bonds were sold?
Answer:
a) The value of one bond is $837.08.
b) The total amount Tim Horton would raise if all bonds were sold is $83,708.
Explanation:
a) Calculate the value of one bond
This can be calculated as follows:
Annual coupon = Bond face value * Coupon interest rate = $1,000 * 6% = $60
Annual coupon discount factor = ((1 - (1 / (1 + r))^n) / r) .......... (1)
Where;
r = required semi-annual rate of return = required annual rate of return / number of semi-annual in a year = 8% / 2 = 0.08 / 2 = 0.04
n = number of semi-annuals = number of years * number of semi-annual in a year = 15 * 2 = 30
Substituting the values into equation (1), we have:
Semi-annual coupon discount factor = ((1-(1/(1 + 0.04))^30) / 0.04) = 17.2920333006645
Present value of coupon = ((Annual coupon / number of semi-annual in a year) * Semi-annual coupon discount factor) = (($60 / 2) * 17.2920333006645 = $528.76
Present value of the face value of the bond = Face value of the bond / (1 + r)^n = ($1,000 / (1 + 0.04)^30 = $308.32
Therefore, we have:
Bond value = Present value of coupon + Present value of the face value of the bond = $528.76 + $308.32 = $837.08
Therefore, the value of one bond is $837.08.
b) What is the total amount Tim Horton would raise if all bonds were sold?
Number of bonds expected to be sold = 100
Value of one bond = $837.08
Total amount that would be raised = Number of bonds expected to be sold * Value of one bond = 100 * $837.08 = $83,708
Therefore, the total amount Tim Horton would raise if all bonds were sold is $83,708.
only people who own property need insurance
true or false
Answer:
false
Explanation:
pretty sure that is false as one can have life insurance without property.
Still double check...