When cash is used for all or a portion of the transaction, the statement of cash flows shows how much was paid in cash for newly acquired property, plant, and equipment.The cash inflows and outflows for the time period covered by the statement are displayed in the cash flow statement (i.e., cash paid for newly acquired fixed assets).
What is a cash flow statement statement?By monitoring an organization's cash flow, a cash flow statement is a crucial tool for managing finances.This report is one of the three crucial ones that determine a company's performance, together with the income statement and the balance sheet. To assess the liquidity and solvency of the company, organizations should monitor and analyze three different types of cash flow: cash flow from operating operations, cash flow from investing activities, and cash flow from financing activities.The cash flow statement of a corporation includes all three. A company's strength, profitability, and long-term outlook can all be determined using a cash flow statement.The CFS can assist in figuring out whether a business has enough liquidity or cash to cover its costs.A CFS can be used by a business to forecast future cash flow, which is beneficial for budgeting purposes.The main goal of a cash flow statement is to offer pertinent data regarding an organization's cash flows over a specific time period under multiple headings, including operating, investing, and financing operations. Direct method: A list of incoming and outgoing cash flows is used to present operating cash flows.In essence, the direct method subtracts your expenses from your income.A reconciliation from profit to cash flow is shown for operating cash flows using the indirect approach.To learn more about cash flow statement refer
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suppose that real interest rates in the u.s. rise relative to real interest rates in other countries. this increase would make foreigners a. more willing to purchase u.s. bonds, so u.s. net capital outflow would rise. b. more willing to purchase u.s. bonds, so u.s. net capital outflow would fall. c. less willing to purchase u.s. bonds, so u.s. net capital outflow would rise. d. less willing to purchase u.s. bonds, so u.s. net capital outflow would fall.
If real interest rate in US rise, so other people in other county will less to purchase U.S bond so US net capital outflow would rise (Option C). It is because A high real interest accounts for a more attractive domestic asset so that it will reduces the net capital outflow.
Real interest rate can be defined as an interest rate that has been adjusted to remove the effects of inflation. The rate of time preference for current goods over future goods can be reflected in the real interest rate. The real interest rate can be affected by several factors, such as countries location and down payment.
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what is the price today (in dollars and cents) of a 3-year 5.65% coupon rate bond that returns the par value of $1000 at maturity if the yield to maturity is 12.50%
A zero-coupon bond has a yield to maturity of 5 nd a par value of $1,000 , for a 3 year 5.65% coupon rate bond.
What is coupon rate bond and what is the price today of a 3 year 5.65% coupon rate bond?Simultaneously of holding a bond , the annual income an investor can expect to recieve is what we call coupon rate bond.Here is mentioned a 3 year 5.65% coupon rate bond that returns the par value of thousand dollars at maturity.Purchasing a $1000 bond and if the coupon rate is 5% then the issuer provides the investor with 5% interest every year.Hence the zero coupon bond of a 3 year 5.65% coupon rate bond that returns the par value of thousand dollars at maturity if the yield to maturity is 12.50%.To know more about coupon rate visit:
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westco company issued 16-year bonds one year ago at a coupon rate of 7.2 percent. the bonds make semiannual payments and have a par value of $1,000. if the ytm on these bonds is 5.5 percent, what is the current price of the bond in dollars?
The current price of the bond in dollars is 1838.180 for the 16-year bonds having a par value of $1,000.
Since we are given we number of years which is 16, coupon rate which is 72%, semipayments of $1,000, and ytm in the bonds to be 5.5
So, C, semiannual bond coupon = 7.2% / 2 * 1,000 = $36
r , interest rate = 5.5% / 2 = 0.0275
n , number of periods = (15-1) * 2 = 28
The price can be found using the formula,
P =C∗1−(1+r)^−n/r+Par/(1+r)^n
= 36∗(1−(1+0.0275)^−28/r)+1000/(1+0.0275)^28
= 1838.180
the current price is $ 1838.180
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a company experienced an event that had no affect on the amount of total assets or net income, but did cause a cash outflow from investing activities. the event that caused this could have been .
An incident occurred at a corporation that had no impact on total assets or net income, but did result in a cash outflow from investing operations due to a loan with a three-year term to maturity.
Cash transactions involving net income are considered operating activities. Cash transactions involving noncurrent assets are considered investing. Cash transactions involving noncurrent liabilities and owners' equity are considered financing activities. Operating, investing, and financing operations are the three different types of cash flows. Transactions involving equities, loans, and dividends are all examples of financing operations. Investors can learn about a company's financial health and how well its capital structure is managed by looking at the cash flow from financing operations.
Financial activities are company transactions or occurrences that have an impact on long-term liabilities and equity. In other words, financial activities include any dealings with lenders or investing that are utilized to finance business growth or operations. The third group of cash transactions shown on the statement of cash flows is these transactions.
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puppy palace uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-day. during march, the kennel budgeted for 3,000 tenant-days, but its actual level of activity was 2,980 tenant-days. the kennel has provided the following data concerning the formulas used in its budgeting and its actual results for march: data used in budgeting: fixed element per month variable element per tenant-day revenue $ 0 $ 29.50 wages and salaries $ 2,000 $ 5.50 food and supplies 200 10.30 facility expenses 7,000 2.50 administrative expenses 6,800 0.30 total expenses $ 16,000 $ 18.60 actual results for march: revenue $ 106,530 wages and salaries $ 23,400 food and supplies $ 36,780 facility expenses $ 19,150 administrative expenses $ 9,120 the net operating income in the flexible budget for march would be closest to:
During March, the Flexible Budget's net operating profit will be $10,320.
What is flexible budget?
A flexible budget is one that adapts to a company's activity or volume levels. A flexible budget, as opposed to a static budget, that does not fluctuate from of the amounts set when the budget was produced, continuously "flexes" with such a business's variations of costs. This budgeting method frequently involves variable rates per units instead of a fixed amount, allowing a corporation to predict prospective increases or drops in monetary needs.
This budget is frequently based on fluctuations in a firm's actual income and employs percentages of sales rather than fixed numbers. A flexible budget, for example, may designate 25% of an income statement to salaries rather than $100,000 to salary inside a given year.
A flexible budget is one that is based on actual data, such as actual quantity saved and actual cost spent based on real output. Variable costs change as output changes, but fixed costs remain constant.
As a result, in the case of Puppy Palace, the Actual Activity level was 5,320 Tenant Days.
As a result, the Flexible Fund will be calculated using the Actual Level Of activity of 5,320 Tenant Days.
As a result, Net Operating Profit Using a Flexible Budget would be computed as follows:
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true or false: cumulative voting means board members are elected one at a time, with each shareholder casting his or her allotted votes for each seat on the board. true false question. true false
Cumulative voting means board members are elected one at a time with each shareholder casting his or her allotted votes for each seat on the board is false.
what is cumulative voting?
Companies use cumulative voting, also known as accumulation voting or weighted voting, a multi-voting system to ensure that shareholders are represented more fairly.Each shareholder has the right to one vote per share in cumulative voting, which is calculated by multiplying that number by the number of open director positions. The votes can be distributed in any way the shareholder chooses.
To give minority shareholders more power over how the board of directors election goes, cumulative voting is used.A shareholder can give all of their votes to a single candidate under cumulative voting.
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an organic organization has: group of answer choices a relatively high degree of job specialization centralized decision making narrow spans of control a long chain of command loose departmentalization
An organic organization is characterized by a low degree of job specialization, loos departmentalization, few levels of management, decentralized decision-making, and a short chain of command.
A distinction between different managerial positions in an organization is made by the term "Levels of Management." When a company and its workforce grow in size, so do the levels of management, and the opposite is also true. Any managerial position's authority, rank, and chain of command are all based on the level of management. We have a vertical hierarchy thanks to the organizational pyramid (dimension). Multiple layers of management or organization are created by distributing authority in accordance with the span of control.
The organizational hierarchy is divided into many levels that are centrally or closely regulated, increasing the breadth of control. When there are several levels of management, we can have a tall organizational pyramid.
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Who prioneered a manufacturing method based around the principle of take the work to the man, not the man to the work?.
One of the core principles of lean manufacturing must follow in order to do this is to make sure there is as little waste as possible in and caused by everything you do.
What has been about pioneered manufacturing?A manufacturing method was developed by American businessman John Krafcik on the principle of bringing the job to the worker rather than the other way around.
One of the main principles of lean manufacturing to follow in order to do this is to make sure that there is as little waste as possible in and created by everything you do.
Every manufacturing company has a set of rules that help it meet its objectives for product output and, ultimately, client satisfaction.
The first rule of great manufacturing practice acknowledges the importance of work instructions and procedures to a company's operations.
Depending on the context an organization is in, the management tenets might be changed.
The guiding principles of management will vary depending on the situation at hand.
Therefore, one of the core principles of lean manufacturing must follow in order to do this is to make sure there is as little waste as possible in and caused by everything you do.
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Many economists believe that some unemployment is necessary because many of the unemployed are between Jobs. Write an essay why this might be true.
Unemployment cannot be completely eliminated due to frictional unemployment and structural unemployment.
Why can't unemployment be completely eliminated?Unemployment is when people who are able to work and are willing to work do not have a job but are actively search for employment. The natural rate of unemployment is the employment that would exist when the economy is in full unemployment. In the United States, the natural rate of unemployment is about 6%.
The natural rate of unemployment consists of frictional unemployment and structural unemployment. Structural unemployment is an unemployment that occur due to changes in technology, polices or competition. For example, technological advancement can render some job functions obsolete. Frictional unemployment is the time a person is without job from when he leaves his current job and finds a new job.
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maria's firm manufactures homemade salsa. her product is sold around the country, but she adds extra jalapenos to her product sold in texas, new mexico, and arizona because those customers prefer the extra heat and spice. maria also markets the product differently based on the region of the country where it is sold. this represents what type of targeting strategy?
As Maria uses different product strategies for different countries, this type of strategy is called differentiated strategy.
In the field of business, a differentiated strategy can be described as the various techniques and products that make a company unique so that there sales can be increased.
In the case above, Maria creates unique products by adding extra jalapenos to her product sold in Texas, new Mexico, and Arizona so that her sales can be increased. Also, she chooses a unique marketing strategy according to the demands of consumers of a country. Hence, Maria is using a differentiated strategy in order to promote her products.
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What are the additional costs you pay each year in order to borrow money in loans? this includes both interest and fees.
Interests are the additional costs you pay each year in order to borrow money in loans.
Therefore, the cost of borrowing refers to the predominant quantity of the mortgage + the interests + the charges that you have to pay for that mortgage and the entire amount equals what is referred to as the fee of borrowing. The cost of borrowing needs to be disclosed without a doubt to borrowers before ultimate the transaction.
Amortization suggests us the actual fee of borrowing. With an amortization agenda like the one shown above, it is clear to see exactly how tons you owe to the hobby. A brief observation your the cumulative value of your hobby can be eye-beginning.
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you can estimate your length of retirement by estimating the number of years until you retire. your life expectancy. how many years you can afford to be retired. how much you need to retire. your anticipated expenses in retirement.
You can estimate your length of retirement by estimating how many years you can afford to be retired. Option B is the correct answer.
What is anticipated costs?
Project costs that have not yet been incurred but will do so in the future are known as anticipated costs.
What is meaning of retire?
The meaning of retire is due to old age or illness, to cease working or abandon your job.
The phrase "life expectancy" relates to how many years one can anticipate living. By definition, life expectancy is based on an estimation of the typical age at death for members of a certain population group.
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Equipment costing $20,000 with $17,800 of accumulated depreciation is sold for $2,500 cash. The journal entry will involve a ________.
Accumulated depreciation, which is included in the long-term assets section of a balance sheet, reduces a capital asset's net book value.
The journal entry involve Credit portion
What is Accumulated depreciation?
The total amount of depreciation that has been applied to an asset up to a certain point is known as accumulated depreciation. The initial cumulative depreciation amount is increased by the depreciation expense for each period.
Accumulated depreciation is the cumulative amount of depreciation that has been subtracted from an asset's value. Fixed assets are denoted as a debit on the balance sheet, and accumulated depreciation is denoted as a credit to balance the asset.
Throughout the asset's useful life, accumulated depreciation is recorded as a credit. When an asset is sold or retired, accumulated depreciation is recorded as a debit against the asset's credit value. The net income is unaffected.
17800 x 1/20000 x 2500
Accumulated depreciation = 2225
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economist smith believes that changes in aggregate demand affect only the price level, and economist jones believes that changes in aggregate demand affect only real gdp. what do the ad and as curves look like for each economist?
The relationship between overall price levels and total demand is not always obvious or direct. However, in the broadest sense, rising aggregate demand is correlated with rising price levels.
When the components of aggregate demand—consumption spending, investment expenditure, government spending, and spending on exports less imports—increase, so does aggregate demand.
Aggregate demand and price level: what are they?The total amount of finished products and services that are demanded in an economy is measured by aggregate demand. The total amount of money exchanged for those goods and services at a particular price point and period is how this measurement is expressed.
The price level represents the average of the current pricing for all goods and services produced.
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if inflation was 3% per year, nominal gdp was growing at 8% per year, and population was growing at 2% per year, what was the growth rate of real gdp per capita?
GDP nominal: a measure of economic value that takes into account the current market prices of all economic outputs.
Real GDP x GDP Deflator is the nominal GDP.
How is the real inflation rate calculated?The estimation which factors expansion to get genuine Gross domestic product is as displayed underneath: The base year in this formula is the chosen year for which the government conducts periodic updates and is also used when comparing economic data like the GDP. Real GDP = GDP/ (1 + inflation since base year)
How is the real GDP growth rate calculated?The percentage change in real GDP per capita between two consecutive years is used to calculate the annual growth rate of real GDP per capita. A country's or region's real GDP per capita is calculated by dividing GDP at constant prices by the population.
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your company receives a $75,000 advance for 1 year's rent that you record in rent received in advance. if, at year-end, 3 months have elapsed, what adjusting entry will you record?
Rent received in advance is where your business records the $75,000 advance that it receives for a full year's rent. If three months have passed since the year's end, the adjusting entry will be:
Rent Revenue.............dr $56,250
Rent received in advance $56,250
Making changes to previously recorded entries in your diary is known as adjusting entries. They precisely check that the information you've recorded matches the appropriate accounting periods.
The three fundamental types of adjusting entries are accruals, deferrals, and non-cash charges. Cash transactions are converted into accrual accounting transactions using adjusting entries. The basis of accrual accounting is the revenue recognition concept, which aims to recognize income in the period in which it was earned rather than the period in which it is paid.
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In no more than 4000 words. using consumer behaviour theories in particular post-feminism, marxism and economic uncertainty( brexit, rising inflation, energy crisis, war in ukraine) on marketing strategies of a firm and the buyer behaviour of consumers of its products and services. you can include a reflection on its ethical approach to marketing communications and how it is employed to persuade consumers. you need to think about the theoretical lens you will use to examine this topic instance, this assignment can focus on risk and uncertainty. also, reflect on methods you will use in collecting information on the firm and consumer segments it serves. you can complete individual sections of your report using secondary data (i.e resources in the published domain). however, please note that you have the choice to collect empirical data if is readily available (e.g interview or questionnaire administered to staff and customers of the firm of your choice.) - real-life case context - a critical review o relevant literature - application of theory to practice - linked to li, l2,l3, l4. references should also be included please
Market segmentation is the process of breaking a large consumer or corporate market into smaller consumer groups based on traits that they have in common.
What is consumer segments?Market segmentation is the process of breaking a large consumer or corporate market into smaller consumer groups based on traits that they have in common. Typically, this process involves existing and future customers. Client segmentation is the practice of breaking up your customer base into groups based on shared traits, including behaviors or demographics, so you can market to those customers more successfully. Demographic, psychographic, behavioral, geographic, and firmographic segmentation are the five categories of market segmentation.The four primary categories of market segmentation are thought to be geographic, psychographic, behavioral, and demographic; however, there are many other tactics you can employ, as well as countless variants on the four primary types.To learn more about Market segmentation refer to:
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startup firms that find new markets attractive but do not yet have products ready for delivery preannounce efforts causing potential adaptors to delay a purchasing decision until the new effort rolls out. group of answer choices true false
False, startup firms that find new markets attractive but do not yet have products ready for delivery preannounce efforts don't cause potential adaptors to delay a purchasing decision until the new effort rolls out.
A startup firm is a recently founded company with a certain momentum based on the perception of demand for its product or service. A startup's objective is to grow rapidly by offering a product or service that addresses a particular market need.
Startups are often led by one or two entrepreneurs who are eager to meet a market need by developing a fresh good or service. Small firms frequently want to remain small, while a startup business is more concerned with rapid and profitable expansion within its target market.
Startups are young companies founded with the intention of developing a unique product or service, marketing it, and making it difficult for customers to reject and replace it.
Startups are not expected to start making money right away. The goal is to raise money by floating the business. VCs and investors are often unimportant to small businesses. They typically anticipate making a profit straight away because they are following tried-and-true business practices.
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allowance for doubtful accounts has an unadjusted balance of $500 at the end of the year, and an analysis of accounts in the customers' ledger indicates doubtful accounts of $15,000. compute the adjusted balance in the allowance for doubtful accounts?
In order to compute the adjusted balance in the allowance for doubtful account :
1. Increase Uncollectible Accounts Expense, 14,500
2. Increase Allowance for Doubtful Accounts 14,500
Accounts receivable are linked to a contra-asset account called the allowance for questionable accounts, which is used to reflect the actual worth of those accounts. The sum is the projected value of accounts receivable that a business doesn't anticipate being paid for
With an offset to bad debt charge, the allowance is created in the same financial year as the initial transaction. The two most popular methods for estimating uncollectible accounts are the percentage of sales technique and the accounts receivable aging method.
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suppose potatoes are inferior goods. if the price of potatoes increases, and we are a net seller of potatoes, what happens to our demand for potatoes?
A decrease in the price of potatoes will create an income effect which will lower the consumption of potatoes.
What happens to an inferior good when price increases?
In microeconomics, the income impact is the subsequent shift in demand for an item or service brought on by an increase or reduction in a consumer's actual income or purchasing power. The income impact predicts that individuals would start to demand more as their income rises (and vice-versa). These common patterns will be present in so-called regular commodities. On the other hand, inferior commodities can actually see a decline in demand as income rises. Store-brand products are one example of a subpar product; if consumers get wealthy, they may choose name brands instead.
The income impact explains how changing a consumer's income might alter the amount of items they will desire.
As income grows, the price of so-called "normal" things also rises.
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a company had net sales of $21,000 and accounts receivable of $2,520 for the current period. its days' sales uncollected equals: (use 365 days a year.) multiple choice 8.0 days. 58.9 days. 43.8 days. 7.4 days. 45.2 days.
A business reported $21,000 in net sales and $2,520 in accounts receivable for the current quarter. 43.81 days are left in its unsold sales days.
How is the inventory turnover ratio determined?By multiplying the inventory days ratio by 365 and flipping the ratio, you may find the inventory turnover ratio. Inventory turnover ratio in this case is 1 / (73/365), which equals 5. This implies that the business can sell and replenish its inventory five times per year.
Below is a calculation of the days sales were not collected.
However, we must first determine the inventory turnover ratio, which is
Inventory turnover ratio = Sales ÷ Accounts receivable
= $21,000 ÷ $2,520
= 8.33 times
Now Days sales uncollected is
= 365 ÷ Inventory turnover ratio
= 365 ÷ 8.33
= 43.81 days
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in 1997, russia and ukraine exported carbon steel plate into the u.s. at a price much lower than the countries were found guilty of charging the identical steel in their home markets. russia and ukraine were engaged in:
In 1997, Russia and Ukraine exported carbon steel plates into the U.S. at a price much lower than the countries that were found guilty of charging identical steel in their home markets. Russia and Ukraine were engaged in dumping.
What is dumping?
Dumping is described as a process in which companies sell their products are a subsidized price or at a very low price. This is because such products are manufactured in large quantities and now such products are then sold in different markets at a reduced rate. In this process, a company or a country can carry out the dumping process.
In this scenario, Russia and Ukraine, in 1997, carried out dumping by exporting carbon steel plates into the US market at very cheap rates. This was later found out and both countries were charged with the guilt.
It can be concluded that in 1997, Russia and Ukraine exported carbon steel plates into the U.S. at a price much lower than the countries that were found guilty of charging identical steel in their home markets. Russia and Ukraine were engaged in dumping.
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which process does general electric uses to invite alternative vendors to bid on supplying their required components? segmentation rfp reselling organizational culture
RFP or Request for proposals is process does general electric uses to invite alternative vendors to bid on supplying their required components.
Define RFP.A request for proposals (RFP) is a business document that announces, describes, and requests quotes for the completion of a project from capable contractors. It is an open request for bids to finish a new project that the business or other group issuing it has suggested.
It is intended to stimulate competition and a wide range of alternatives that the project's planners may take into account. Both large and small businesses typically have just enough resources to continue running their current operations. They lack the knowledge and resources necessary to add a new project to their burden if they decide to take it on.
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Equipment costing $20,000 with $17,800 of accumulated depreciation is sold for $2,500 cash. The journal entry will involve a ________.
A capital asset's net book value is decreased by accumulated depreciation, which is listed under the long-term assets portion of a balance sheet. The journal entry involve a credit portion
Explain about the Accumulated depreciation?
Accumulated depreciation is the cumulative amount of depreciation that has been applied to an asset up to a specific point. Each period's depreciation expense adds to the starting cumulative depreciation amount.
The running total of depreciation that has been charged against the value of an asset is known as accumulated depreciation. On the balance sheet, fixed assets are shown as a debit, and accumulated depreciation is shown as a credit, offsetting the asset.
Accumulated depreciation is accounted for as a credit throughout the course of the asset's useful life. Accumulated depreciation is recorded as a debit against the asset's credit value when it is sold or retired. It has no effect on net income.
17800 x 1/20000 x 2500
=2225 Accumulated depreciation
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the deliberate floating on funds between two or more bank accounts in order to make it appear that more cash is present than is really the case is called
Check kiting is the purposeful transfer of money between two or more bank accounts to give the impression that there is more cash on hand than there actually is.
Elaborate on check kiting.A type of check fraud called check kiting or cheque kiting (see spelling variations) involves using fictitious cash from a checking or other bank account by taking advantage of the float. Checks are abused in this way to get unlawful credit instead of being utilized as a negotiable instrument.
The term "kiting" refers to the deliberate writing of a check from an account in one bank for a sum greater than the account balance, followed by the writing of a check from an account in another bank with insufficient funds, the second check being used to cover the insufficient funds from the first account. Check kiting is the practice of artificially inflating a checking account's balance to enable the clearing of written checks that would otherwise bounce. Paper hanging is the slang term for fraud that occurs when there are no plans to replenish the account. Playing the float refers to making a cheque with inadequate funds with the idea that the funds will be available by payday.
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what is the best ordering of steps for producing a commercially successful industrial microbiological product? choose one: a. develop a business plan, identify a product, isolate the microbial source, perform safety and efficacy tests, scale up production b. identify a product, isolate the microbial source, scale up production, develop a business plan, perform safety and efficacy tests c. isolate the microbial source, identify a product, scale up production, develop a business plan, perform safety and efficacy tests d. identify a product, develop a business plan, isolate the microbial source, scale up production, perform safety and efficacy tests
The best ordering of steps for producing a commercially successful industrial microbiological product is . identify a product, isolate the microbial source, scale up production, develop a business plan, perform safety and efficacy tests
Option B is correct.
What are the products of industrial microbiology?Industrial Microbiology is actually a branch of applied microbiology in which microorganisms are used for the production of necessary substances, like antibiotics, food products, enzymes, amino acids, vaccines, and fine chemicals.
Why is industrial microbiology important?The importance of industrial microbiology is the production of new drugs synthesized in a specific organism for certain medical purposes. Production of antibiotics is important for the treatment of many bacterial infections.
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identifying markets with unfulfilled needs, segmenting the market, targeting specific segments and positioning one's product or service are the the four basic steps of:
Identifying market's needs, segmenting the market , targeting specific segments etc are the four basic steps of Target marketing plan.
What is targeting specific segment and positioning one's product?Testing specific segment of a market is the close analysis of a part of or corner of market's product may be cause of constant fall rate.Target marketing include and involves four basic steps which are identifying markets with unfulfilled needs .Identifying the market with unfulfilled needs means taking market into consideration to look after it if lacking in some things.And positioning one's product or service is the last step of targeting market plan which all are fulfilled by made market plan strategies.To know more about market strategy visit:
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3m co. is a us-based mnc with net cash inflows of british pounds and net cash inflows of swiss francs. the 2 currencies are highly positively correlated. antrax co. is a us-based mnc that has the same level of net cash flows in these currencies as 3m co. except that its british pounds represent net cash outflows. which mnc is more exposed to exchange rate risk? a. 3m co. b. antrax co. c. the two firms have similar exposure.
An MNC with a US base called Diz Co. has net cash inflows of both Swiss francs and British pounds.
The United Kingdom and nine of its dependent territories use the sterling (stg; ISO code: GBP) as their official currency. The primary unit of sterling is the pound (sign: £), which is often used to refer to all British money.
The pound is also known as the British pound or the pound sterling in foreign contexts. The oldest currency that has been continuously used since its creation is sterling, which was first used in 1494. It is now traded on the foreign exchange market in fourth place, behind the US dollar, the euro, and the Japanese yen. It makes up the currency basket used to determine the value of IMF special drawing rights, together with the other three currencies and the renminbi.
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5. (a) how long will it take an investment to double in value if the interest rate is 3%, compounded continuously? (b) what is the equivalent annual interest rate?
The investment values are:
a) The number of times it'll take the investment to double is roughly=23.10 years
b) The original periodic interest rate is roughly=0.03
The continuous compounding intrest rate isThe reason the below values are correct is given as follows
a) The given parameters are:
Chance interest rate, r = 3
The nonstop compounding interest rate formula, is given as follows:
[tex]P(t)=P_{0} .e^{r.t} \\[/tex]
When the investment doubles, we have:
[tex]P_{0}= P_{0} .e^{r.t} \\e^{0.03*t} =2\\ t=\frac{In2}{0.03} =23.10[/tex]
The number of times, t, it'll take the investment to double is t ≈23.10 times
b) The original periodic interest rate is given as follows:
[tex]i_{eff} =e^{r} -1[/tex]
Where:
[tex]i_{eff}[/tex] = Effective periodic interest rate = Original periodic interest rate
Thus, we have:
[tex]i_{eff} =e^{0}.03 -1=0.03[/tex]
The original periodic interest rate ≈0.03
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what were the goals of taylor's scientific management? benefit the worker benefit the firm increase focus on human factors increase worker productivity
The goals of Taylor's scientific management were to increase worker productivity.
What is Taylor's Scientific Management?It was an approach developed in the 19th and 20th century on the application of a methodology based on scientific, to guarantee greater structuring and organization to the administration, through standardization, rationalization of work and operational efficiency.
The focus of the administrative current proposed by Taylor was to increase the productivity of employees and profitability of organizations through the maximum and structured use of organizational resources.
Therefore, scientific management focused on the company and not on the employees, the focus was on the development of work through effective methods to reduce time, waste and costs through a focus on increasing productivity.
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