For bi to be successful, the management in the organization must be strongly committed to data-driven decision-making.
An organization e is a collection of folks who paintings collectively, like a community affiliation, a charity, a union, or an enterprise. you can use the phrase organization to refer to group or business, or to the act of forming or setting up some thing.
An organization is an official group of people, for instance a political party, a enterprise, a charity, or a club. maximum of those specialized faculties are supplied by using voluntary agencies. ... a document by using the global Labour business enterprise. Synonyms: organization, organization, birthday party, frame extra Synonyms of company.
An organization is a group of or extra individuals and the coordinated allocation of resources around a not unusual goal or objective.
Learn more about organization here:https://brainly.com/question/19334871
#SPJ4
A common reason for redeeming a bond prior to its maturity date is that?
A common reason for redeeming a bond prior to its maturity date is that there is a decrease in the market interest rate.
Bonds that can be redeemed or paid off by the issuer prior to the maturity date are known as callable or redeemable bonds.
When an issuer calls its bonds, it pays investors the call price (typically the face value of the bonds) plus accumulated interest to date and stops paying interest payments at that time.
A call premium is sometimes charged as well.
Call provisions are common in corporate and municipal bonds.
When current interest rates fall below the bond's interest rate, the issuer may choose to call the bond.
By paying off the bond and issuing another bond with a lower interest rate, the issuer saves money.
Hence, A common reason for redeeming a bond prior to its maturity date is that there is a decrease in the market interest rate.
Learn more about bond:
https://brainly.com/question/25596583
#SPJ4
Can you explain the practice of scalping tickets for major sporting events in terms of market shortages? how else might tickets be distributed?
Scalping is that the practice of reselling tickets at higher rates when their is an artificial creation of market shortage. The scalpers purchase ticket at fair market prices before the event happen and resell at higher prices when they exploit the market shortage they created.
What does scalping mean in tickets?
Scalping in its modern iteration, also referred to as bulk or automated buying, may be a threat to eCommerce and ticketing websites selling sought-after products and services. Scalpers are bad actors who purchase tickets or product units using scalable methods that aren't available to ordinary users.
Why are scalp tickets illegal?
Over the past 20 years , ticket scalping has become increasingly common thanks to the existence of the internet. As such, the bulk of ticket scalping incidents are now primarily committed through an online sales transaction. Currently, there are not any federal laws that prohibit the scalping or resale of tickets.
Learn more about ticket scalping:
brainly.com/question/13684308
#SPJ4
In the interaction cycle, what human-related task occurs immediately prior to and provides context that helps bridge the gulf of evaluation used to understand objects, properties and events?.
Translation stage is the human-related task that occurs immediately prior to and provides context that helps bridge the gulf of evaluation used to understand objects, properties and events in the interaction cycle.
The "interaction cycle" is a modification of Norman's "stages-of-action" concept, which describes the sequences of user activities that normally take place in interactions between a human user and virtually any type of machine. Users use the interaction cycle, to get the conceptual design and how the system operates throughout the planning phase. Users use the interaction cycle to convert their intended uses for items into descriptions of particular activities during the translation step. When a user use the interaction cycle to interacts with a system physically, it moves to the stage when the system produces results. The translation of user plans from the work domain into the action-object language of the physical system occurs in the cognitive gap known as the gulf of execution. The gap in evaluation is the point at which system feedback must be converted back into the user domain's language.
Learn more about interaction cycle here
https://brainly.com/question/27685573
#SPJ4
Dell used its brand to expand into new areas including printers and consumer electronics such as lcd and plasma televisions. dell engaged in a ________ extension.
Dell used its brand to enlarge into new areas like lcd and televisions.
Dell is engaged in a Category extension.
What is Category Extension?
Category or Brand Extension is a strategy by which, a corporation uses the same brand to enter into a completely unrelated product segment. the corporate leverages on the brand equity and success of its existing brand to introduce the new product to increase market acceptance.
What is a category extension in marketing?
A category extensions is when an existing name is applied to a product category that is new to the firm. The study is conducted supported exclusively written data whereas a presentation of textual. analysis will appear
Learn more about category extension :
brainly.com/question/3978903
#SPJ4
After creating a vision as part of the strategic management process, a firm must next establish a(n) ______.
After creating a vision as part of the strategic management process, a firm must next establish a Mission.
What is Strategic Management?
The intentional use of a company's resources to accomplish goals and objectives is known as strategic management.
Continuous review of internal operations and outside variables that could affect a company's operations is necessary for strategic management.
Strategic management is a useful strategy for businesses of all sizes and across all sectors.
Setting company goals, examining competitor behavior, reviewing the internal organizational structure, assessing current strategies, and ensuring that strategies are executed throughout the company are all part of strategic management.
To learn more about Strategic Management, refer to:
https://brainly.com/question/16699515
#SPJ4
In the strategic groups discussed in the preceding pharmaceutical case, each of the following is a differential relevant to the proprietary group of firms except which one?.
Each of the following is a differential relevant to the ownership group of the company except large-scale manufacturing.
Firms in both groups will have the ability to produce large volumes of approved drugs and follow the proper FDA certifications, so this is not a differentiator between the two groups.
The term manufacturing is the process of raw materials into a product or goods using human power, tools, machines, to chemical processes. Manufacturing companies involve the process and refinement of raw materials such as mining products, wood, as well as foodstuffs into metal goods, furniture, and processed foods.
Manufacturing processes on a large scale allow goods to be mass-produced with assembly line processes and advanced technology as key assets. Manufacturing companies generally sell products at a higher cost than the value of the raw materials used. The process of converting raw materials into something more valuable can increase the price of the finished product thus making the manufacturing process a profitable part of the business chain. Efficient manufacturing techniques also allow manufacturers to take advantage of economies of scale in order to produce more units at a lower cost.
You can learn more about manufacturing here brainly.com/question/14275016
#SPJ4
A property currently valued at $450,000 is expected to appreciate 8ach year for the next 3 years. what will be its appreciated value at the end of this period?is $350,000?
$450,000 x 1.08 x 1.08 x 1.08 = $566,870. The 1.08 is obtained by multiplying 100% by 8% appreciation for 108%. Then multiply that by 1.08 after conversion to a decimal.
Add 1 to the appreciation rate, represented as a decimal, to determine the appreciated value. As an illustration, multiply 1 by 0.08 to get 1.08 for an annual appreciation rate of 8%. Raising the outcome to the nth value, where n is the anticipated number of years Raise 1.08 to the fifth power, or divide it by 5, to determine the appreciated value in the example five years from now. The answer in this case is 1.47.
a property's or other asset's increasing value. The majority of property depreciates, thus it is rather uncommon to talk of a property's appreciated value. Real estate and stocks are two notable exceptions, as real estate usually increases in value over time while securities' value can fluctuate based on market conditions. Capital gains or property taxes may be computed using the increased value.
To learn more about appreciation value from the given link.
https://brainly.com/question/12724954
#SPJ4
An export subsidy by an exporting country will?
An export subsidy raises the domestic price while lowering the foreign price in the case of a large country. Export subsidies enhance the volume of exports. The export subsidy will create a price differential equal to the subsidy value between the product's foreign and domestic prices.
Export Subsidy
Export subsidies are government policies that stimulate export of commodities while discouraging local sales of goods through direct payments, low-cost loans, tax breaks for exporters, or government-funded foreign advertising. Because an export subsidy lowers the price paid by overseas buyers, domestic consumers pay more than foreign consumers. Except for LDCs, the World Trade Organization (WTO) forbids most subsidies that are directly connected to the amount of exports. A country's government provides incentives to exporters in order to encourage the export of commodities.
To learn more about Export Subsidy
https://brainly.com/question/26273309
#SPJ4
Create a bulleted list of four possible skills a person could have. These may be your own skills.
(Career explorations)
These are four possible skills a person could have for Career explorations:
You have Skilled.You have Valued. You are Experienced.You are Educated in that field.What's Skill? A skill is the learned capability to act with determined results with good prosecution frequently within a given quantum of time, energy, or both. Chops can frequently be divided into sphere-general and sphere-specific chops. For illustration, in the sphere of work, some general chops would include time operation, cooperation and leadership, tone- provocation, and others, whereas sphere-specific chops would be used only for a certain job. Skill generally requires certain environmental stimulants and situations to assess the position of skill being shown and used. Why is a skill important? Having a good skill set also helps you grow as an existent. You make a network, learn time operation and gain interpersonal chops.These chops only come with experience and no academy or schoolteacher can educate them.Learn more about skills here:
https://brainly.com/question/22072038
#SPJ9
Which of the following is an example of an e-commerce security concern?
A. Making sure products mailed to consumers are not damaged
OB. Keeping online payments and information secure
C. Ensuring that products are safe for consumers to use
D. Educating consumers about their market options
SUBMIT
Keeping online payments and information secure is an example of an e-commerce security concern.
What is e-commerce?
E-commerce refers to buying and selling of products and services that take online through the web rather than physical activities of trade which occurs offline, hence, we are concerned with any breach of a firm's information technology security architecture , which means that making sure the products mailed are not damaged is not a concern because mailing does not happen online, the products need to be physically delivered,
Besides, online payments security is the most essential issue to keep abreast in e-commerce, any client whose debit or credit card is compromised would return to the store and would take legal actions against the e-commerce store, safety of payment is key,
Find out more about e-commerce on:brainly.com/question/17023046
#SPJ1
The _____ authorizes the federal trade commission to restrict unfair or deceptive acts.
The federal trade commission is empowered to prohibit unfair or misleading practices under the Wheeler-Lea Amendment.
An American federal law from 1938 is known as the Wheeler-Lea Amendment. This Act makes an effort to combat the negative effects of deceptive and misleading advertising. Food, medication, medical device, and cosmetic misleading advertising is subject to oversight by the Federal Trade Commission.
The Federal Trade Commission Act was amended as a result of the Act. The Wheeler-Lea Amendment is frequently referred to as the Advertising Act. An amendment to Section 5 of the Federal Trade Commission Act known as the Wheeler-Lea Act of 1938 forbade "unfair or misleading acts or practices" as well as "unfair methods of competition." For infractions of Section 5 orders, it stipulated civil penalties.
Learn more about Wheeler-Lea Amendment here
https://brainly.com/question/28045224
#SPJ4
An organizational unit of a business that incurs costs and generates revenues is known as a(n):________
An organizational unit of a business that incurs costs and generates revenues is known as a(n): Profit center.
What is a profit center?In accounting, a profit center is a component or division of an organization that is thought to increase its bottom line, such as a company's sales department. The company determines its net profit and losses independently since it is regarded as a different business unit or sector.For the purpose of internal control, a profit center is an organizational unit in accounting that represents a management-oriented structure of the company. You can use either the cost-of-sales technique or the period accounting approach to examine operating outcomes for profit centers.A department inside a company that is in charge of earnings and losses is known as a profit center. It could be a department, region, or product line. Typically, a Profit Center is managed independently from the other organizational divisions in order to evaluate its performance and make decisions about its future.For instance, market research is a typical activity that generates costs without producing a direct profit. On the other hand, marketing becomes a revenue or profit center if its objectives are to make money.
An organizational unit of a business that incurs costs and generates revenues is known as a(n): Profit center.
To learn more about Profit center, refer to:
https://brainly.com/question/24018607
#SPJ4
When arm & hammer baking soda company ran ad campaigns highlighting all of the additional uses for its baking soda product besides deodorizing the refrigerator, what market strategy was it using?
When arm & hammer baking soda company ran ad campaigns highlighting all of the additional uses for its baking soda product besides deodorizing the refrigerator it was using product market strategy
What is market strategy?Marketing is more than just advertising and promotion – it's all about connecting with the customer.A marketing strategy sets the direction for all your product and marketing-related activities.Having a marketing strategy helps keep all your activities on track.Developing a marketing strategy involves setting goals, researching the market, developing product plans, defining your marketing initiatives, and following the "7 P's."To learn more about market strategy, refer: https://brainly.com/question/15776003?referrer=searchResults
#SPJ4
A company is growing at a constant rate of 8 percent. last week it paid a dividend of $3.00. if the required rate of return is 15 percent, what is the price of the share three years from now?
A business is expanding at a steady rate of 8%. It paid a $3.00 dividend last week. In three years, the price of the share will be $58.31 if the needed rate of return is 15%.
The board of directors of a firm decides how much of its profits should be distributed as a dividend to its shareholders. Quarterly dividend payments are typical and might take the form of cash payments or stock reinvestments. The dividend yield, which is defined as the dividend per share and represented as a percentage of a company's share price, is 2.5%, for example. As long as they owned the stock prior to the ex-dividend date, common shareholders of dividend-paying firms are qualified to receive a payout. When expressed as a percentage of a company's stock price, the dividend yield is the dividend paid out per share.
Learn more about dividend here
https://brainly.com/question/28044310
#SPJ4
An important insight of international trade theory is that when countries exchange goods and services one with the other, it.
An important insight of international trade theory is that when countries
exchange goods and services one with the other, it is usually
beneficial to both countries.
What is International Trade theory?
International trade enables countries to expand their markets and gain access to goods and services that would otherwise be unavailable domestically.
The market has become more competitive as a result of international trade.
This ultimately leads to more competitive pricing and a lower-cost product for the consumer.
International trade is the buying and selling of goods and services between businesses in different countries.
Global trade exposes consumers and countries to goods and services that are not available or are more expensive in their home countries.
Political economists such as Adam Smith and David Ricardo recognized the importance of international trade early on.
Still, some argue that international trade can be detrimental to smaller countries, putting them at a disadvantage on the global stage.
To learn more about International trade theory, refer
to https://brainly.in/question/800631
#SPJ4
In health insurance, what is the amount that must be paid by the patient to an insurance agency for a health insurance policy?.
In health insurance, premium is the amount that must be paid by the patient to an insurance agency for a health insurance policy?
What is health insurance?
Health insurance is a type of insurance that covers all your medical expenses that arise due to an illness.
What are the different types of Health Insurance?
1. Mediclaim Plans
The Mediclaim or hospitalization plans are the most basic type of health insurance plans. They cover the cost of treatment when you are admitted to the hospital. The payment is made on actual expenses incurred in the hospital by submitting original bills.
2. Critical Illness Insurance Plans
Critical Illness Insurance Plans cover specific life-threatening diseases. Unlike hospitalization plans, the payout is made on Critical Illness cover chosen by the customer and not on actual expenses incurred in the hospital.
To learn more about Health insurance, refer to:
brainly.com/question/14876522
#SPJ4
Which success factors point to using manpower and processes in an organization?
The success of an IS implementation relies on efficient
V
and
of manpower and processes.
Success factors to the usage of manpower and processes in an agency: the first one is utilization and the second one is responsibility.
A success factor is any knowledge, ability, trait, motive, attitude, fee, or different personal characteristic that is critical to carry out the process or role and that differentiates strong from superior performance.
SAP SuccessFactors is a cloud-primarily based SaaS (software program as a provider) platform, while SAP HCM is SAP's authentic on-premise HR solution. essentially, both solutions clear up the equal business problem: Human resource management.
SuccessFactors is an SAP product suite to provide a cloud-based total strategy to manipulate various HR capabilities along with business alignment, human overall performance, recruitment, and getting to know sports for all sizes of businesses in extra than 60 industries.
Learn more about success factors here: https://brainly.com/question/24959987
#SPJ9
Do producers tend to favor price floors or price ceilings why?
Producers tend to favor price floors.
Producers should favor price floors because during binding price floors increase price above equilibrium and this can tend to increase producer surplus. When the government gets involved in an economy to control prices they can act to prevent prices from going too high.
Price floors keep producers from experiencing losses because they know the price floor in their production. Price floors also favor workers such as minimum wage which ensures workers get paid a certain amount per hour in exchange for their labor. A price ceiling creates deadweight loss and an ineffective outcome. Government establishes a price ceiling to protect consumers.
You can learn more about price floors at
https://brainly.com/question/24827521
#SPJ4
For+an+investment+of+$6000.00+at+2%+interest+for+3+years+find+the+amount+of+compound+interest+you+would+earn+if+the+interest+is+calculated+quarterly.
CI=367.248 is the compound interest for an investment of $6000.00 at 2% interest for 3years.
P=6000, R=2
A=P[tex](1+\frac{R}{100} )^{3}[/tex]
A=6000[tex](1+\frac{2}{100} )^{3}[/tex]
A=[tex]6000(\frac{102}{100} )^{3}[/tex]
A=6000×1.061208
A=6367.248
CI=A-P
CI=6367.248-6000
CI=367.248
What exactly is quarterly compounding?Compounding quarterly refers to the amount of interest earned quarterly on an account or investment where the interest earned is also reinvested. Furthermore, it is useful in calculating fixed deposit income because most banks offer interest income on deposits that compound quarterly.
Annual Interest Rate Divided
Once you have that data, divide the annual interest rate by four to get the quarterly interest rate. Divide 0.0404 by 4 to get a quarterly interest rate of 0.0101 if the annual interest rate is 4.04 percent. Increase the quarterly interest rate by one.Compounded Quarterly Case
A (Future Value of Investment) must be computed. P (initial investment value) = $10,000. ROR (rate of return) = (Current Investment Value - Original Investment Value)/Original Investment Value * 100read more) = 2% compounded quarterly.To learn more about quarterly compounding refer to
https://brainly.com/question/25534066
#SPJ4
In the strategy process, questions concerning where to compete, such as the industry or market, is referred to as ______ strategy.
In the strategy process, questions concerning where to compete, such as the industry or market, are referred to as corporate strategy.
At its most simple level, an approach is a speculation. To be a very good strategy, it must precisely diagnose the hassle being solved; set a guiding policy with a purpose to address that hassle; and advise a set of coherent actions so one can deliver that coverage.
Put absolutely, a commercial enterprise strategy is a clear set of plans, moves, and desires that outlines how a business will compete in a specific market, or markets, with a product or variety of services or products.
In a nutshell, the approach is how you intend to do something, and methods are how you honestly do it. strategy means a way to select things and dreams, even as the method is that means how to applicate this stuff and achieve them. the method generally calls for a few types of making plans.
Learn more about the strategy here https://brainly.com/question/9134427
#SPJ4
The internal revenue code authorizes deductions for trade or business activities if the expenditure is ordinary and necessary. True or false?.
The internal revenue code authorizes deductions for trade or business activities if the expenditure is ordinary and necessary is false.
Definition of activity is the quality or state of being active: behavior or actions of a particular kind of physical activity criminal activity economic activity. Popular activities include sports, scouts, art, theater, music, and community service. Many children also join school-affiliated organizations (like student council), competitive academic clubs (like Model U.N. or math club), and affinity groups that help connect kids with shared identities. Students who participate in extra activities get better grades.
Definition of educational activity. education or training activities; The activity of transferring knowledge or skills. Synonyms: education, education, education, pedagogy, education. School activity means any school-sponsored activity, including, but not limited to, classroom activities, library activities, physical education classes, formal meetings and other gatherings, school sports activities, and band performances. Concerts, school plays, and other theater productions.
Learn more about Activities here:
https://brainly.com/question/1744272
#SPJ4
Raul inherited an annuity worth $4,629.10 from his uncle. the annuity will pay him seven equal payments of $800 at the end of each year. the annuity fund is offering a return of:_________
Raoul inherited an annuity worth $4,629.10 pension from his uncle. The pension will pay him $800 at the end of each year in seven equal installments. The pension fund provides a return of 9.44%.
An annuity is a contract between you and an insurance company that requires the insurance company to pay immediately or in the future. You buy an annuity in a single payment or in a series of payments. Because your annuity increases with tax deferral, you don't have to pay income tax on your annuity until you start withdrawing money or receiving payments. If you purchased your annuity with pre-tax funds when you withdraw the money, the money is taxed as income.
An annuity is an insurance contract between you and a provider company that purchases a flow of payments for yourself over time to protect your income from losses. There are several types of annuities, so you can find the one that fits your needs and convenience level. The main disadvantages are long-term contracts, loss of control over investments, low or interest-free, and high fees. Also, annuities have fewer liquidity options and you have to wait until age 59.5 to withdraw money from your annuity without penalty.
Learn more about annuity here:
https://brainly.com/question/5303391
#SPJ4
A behavioral approach to job design in which workers regularly exchange jobs is known as:___.
a. job enlargement.
b. specialization job rotation.
c. job enrichment.
d. ergonomics
A behavioral approach to job design in which workers regularly exchange jobs are known as specialization job rotation
Option B is correct
What is the behavioral approach to job design?
A behavioral approach to job design during which workers regularly exchange jobs is known as Specialization job rotation
Behavioral approaches to job design can help improve employee motivation and productivity. during this type of philosophy, factors, like autonomy, variety, task identification/significance, and feedback, are analyzed and enhancements are made for employees.
What is job design explain the approaches of job design?The human approach of job design laid emphasis on designing employment around the people or employees and not around the organizational processes. In other words it recognizes the necessity of designing jobs that are rewarding (financially and otherwise) and interesting at the same time.
What is job rotation explain?
Job rotation is that the systematic movement of employees from one job to another within the organization to achieve various human resources objectives such as orienting new employees, training employees, enhancing career development, and preventing job boredom or burnout.
Learn more about job rotation :
brainly.com/question/14918732
#SPJ4
When private firms wish to raise funds, they sell shares directly to a large number of institutional or wealthy investors in a private placement.
a. true
b. false
When private firms wish to raise funds, they sell shares directly to a large number of institutional or wealthy investors in a private placement
The above statement is false.
Because, They offer shares to a select few.
What is share?
A share is a unit used in mutual funds, limited partnerships, and real estate investment trusts in the financial markets. Share capital is the collective term for an organization's shares. A shareholder (or stockholder) of a corporation is someone who owns shares in that company. A share is an indivisible piece of capital that expresses the shareholder's ownership of the company. A share's face value, which may not correspond to the market value of those shares, is its denominated value. The entire face value of all issued shares represents a company's capital.A dividend is the revenue derived from the holding of shares. Shares come in a variety of forms, including equity, preference, deferred, redeemable, bonus, right, and shares from employee stock option plans.To learn more about share visit:https://brainly.com/question/25788016
#SPJ4
Why are s corporations less favorable than c corporations and entities taxed as partnerships in terms of owner-related limitations?
S corporations may not have more than 100 shareholders and they may not have corporations, partnerships, nonresident aliens, or certain trusts as shareholders. The only ownership restriction for C corporations and partnerships is that C corporations must have a least one shareholder and a partnership (or entity taxed as a partnership) must have at least two owners.
Taxes can be defined as mandatory levies from the people for the state. Every penny of tax money paid by the people will be included in the post of state income from the tax sector. Its use is to finance central and local government spending for the welfare of the community.
Taxes are very beneficial for the state. In full, taxes are widely used for:
Financing state expenditures, such as: self-liquidating expenditures, for example: expenditures for productive projects for export goods.Financing reproductive expenditures, such as: expenditures that provide economic benefits for the community, for example: expenditures for irrigation and agriculture.Financing expenses that are not self-liquidating and non-reproductive, for example: expenses for the construction of monuments and recreational objects.Financing unproductive expenses, for example: expenditures to finance national defense or war and expenditures for future savings, namely expenditures for orphans.You can learn more about tax here brainly.com/question/16423331
#SPJ4
A direct labor cost variance can be divided into price and quantity variances, which are almost always called controllable and volume variances.
true/ false
Direct labor fee variance measures the value of the difference between the anticipated labor charge and the real labor rate. If the variance demonstrates that actual exertion charges were higher than expected exertion fees, then the variance may be considered destructive.
Direct labor fee variance is the distinction between the same old cost for real manufacturing and the actual price in production. There are kinds of labor variances. Labour fee Variance is the distinction between the standard price and the actual cost paid for the actual range of hours.
Fabric Variances replicate the deviation of the actual fee incurred on material from the standards. this deviation in labor value may want to because of changes in cloth price, quantity used, exchange in a blend of diverse materials used or output carried out.
Learn more about direct labor here:
https://brainly.com/question/26245657
#SPJ4
2
Which of the following is an example of an equity investment?
A. A loan.
B. A company bond
C. A government bond
D. A company's stock
Please select the best answer from the choices provided
OA
OB
OD
this and return
Save and Exit
Next
Subr
it's a loan and a government bond as well they offer funds to businesses
"what is the class midpoint for the class with the greatest frequency? $6 up to $7
the class midpoint for the class with the greatest frequency is [tex]$[/tex]$ [tex]$8.50[/tex]
The frequency of a repeated event is its number of instances per unit of time. In some cases, it is also referred to as temporal frequency or ordinary frequency to underline differences with spatial and angular frequencies, respectively. One (event) per second is equal to one hertz (Hz), which is how frequency is stated. The period is the reciprocal of the frequency since it is the length of time for one cycle in a repeating occurrence. For instance, the period, T—the space between beats—of a heart beating at a frequency of 120 beats per minute (2 hertz), is equal to 0.5 seconds (60 seconds divided by 120 beats).
learn more about frequency:
https://brainly.com/question/5102661
#SPJ4
Tony works in the finance department as an accounting clerk. he keeps a time card and receives extra pay for any overtime he works. tony is most likely a(n):__________
Tony works in the finance department as an accounting clerk. He keeps a time card and receives extra pay for any overtime he works. Tony is most likely a non-exempt staff employee.
Non-Exempt Staff Employee: Non-exempt workers are entitled to a minimum wage that complies with any applicable federal or state wage legislation. Non-exempt workers, in contrast to exempt workers, are entitled to overtime pay when they work more than 40 hours each week. The majority of trained tradespeople, including plumbers and electricians, as well as cashiers and bookkeepers, are not excluded.
Non-Exempt Staff Employee
To learn more about Non-Exempt Staff Employee, visit the following link:
https://brainly.com/question/28136801
#SPJ4
To+buy+your+first+home,+you+take+out+a+15+year+(fully+amortizing)+mortgage+for+$400,000+which+requires+equal+yearly+payments.+the+effective+annual+interest+rate+is+3.6%.+how+must+you+pay+in+year+3?
Here's the simple interest formula: Interest = P x R x N. P = Principal amount (the beginning balance). R = Interest rate (usually per year, expressed as a decimal).
Given,
Loan amount = $400000
Term (n) = 15 years
Interest rate (r) = 3.6% or 0.036
Solution:-
Annual payment = (Loan amount x r) \div [1 - (1 + r)-n]
= ($400000 x 0.036) \div [1 - (1 + 0.036)-15]
= $14400 \div [1 - (1.036)-15]
= $14400 \div [1 - 0.5883065299]
= $14400 \div 0.4116934701 = $34977.48
Now,
First-year interest = Loan amount x interest rate
= $400000 x 3.6% = $14400
Balance after the first year = Loan amount - (Annual payment - first-year interest)
= $400000 - ($34977.48 - $14400)
= $400000 - $20577.48 = $379422.52
Second-year interest = Balance after the first year x interest rate
= $379422.52 x 3.6% = $13659.21
Principal pay off in year 2 = Annual payment - second-year interest
= $34977.48 - $13659.21 = $21318.27
Learn more about Interest rates here
https://brainly.com/question/2294792
#SPJ4
