Answer:
Prof. Finance can withdraw an annual annuity of $ 110,698
Explanation:
Prof. Finance's present value is $1,500,000, which reflects his savings at retirement age 65, so PV= 1,500,000
6% is the interest rate established, so r=6%
Number of withdrawals planned = 25
PMT= $110,698
Answer:
Total hours worked = 17,550 hours
Explanation:
Labour hours efficiency variance = labour efficiency variance/standard labour cost per hour
The hourly standard labour cost = $24
= 1,200/24= 50 hours
Labour variance (in hours) = Actual labour hours - Standard hours for actual units produced
The standard labour hours allowed for the production of 875 cranes is:
= 20 × 875 = 17,500 hours
Let the actual hours be "y"
50 = y - 17500
y = 50 + 17500
y= 17,550 hours
Total hours worked = 17,550 hours
Nothing other than random letters and words f f
Answer:
The Answer is C.
Explanation:
Why do I lean towards C? Let’s dissect it.
First and foremost, your goal is to foster a "greater sense of fairness among your employees".
This eliminates option A right off the bat. If workers are performing well and you seek justification to issue lower evaluations, it simply won't succeed, and employees will resist this, resulting in unnecessary conflicts.
Option Bseems quite absurd from my perspective! Asking employees to file grievances because the company lacks sufficient funds? When has that ever worked? Unless filing grievances magically makes the company able to pay more!
You could choose Option Dand avoid the entire situation, but that doesn’t solve anything, right? Therefore, we can disregard this as well.
Option C emerges as the most rational choice, since it involves conducting the evaluation honestly and subsequently providing a genuine explanation to your employees.
Conclusion: Peter has a remaining amount of $1.25 after he covers the service expenses.
Reasoning:
The total cost for 5/6 of a month amounts to (5/6)*$10.5= 0.83333*$10.5
= $8.75
Thus, the difference between his initial funds and his expense for the service will result in his change.
Change = $10.5-$8.75
=$ 1.25.
I hope this response was helpful.