according to shrm, performance management needs which of the following sections? check all that apply.a. goal settingb. performancec. inviduald. improvement

Answers

Answer 1

According to the Society for Human Resource Management (SHRM), performance management typically involves four main components: goal setting, performance, individual development, and improvement. Therefore, options A, B, C, and D are all correct.

Goal setting is an important component of performance management because it helps to establish clear expectations and objectives for employees to work towards. By setting specific, measurable, achievable, relevant, and time-bound (SMART) goals, employees can focus their efforts on achieving meaningful outcomes that contribute to the organization's overall success. The performance component of performance management involves assessing an employee's progress towards their goals and evaluating their overall job performance. This can involve regular check-ins and feedback sessions, as well as formal performance evaluations. Individual development is also a critical component of performance management, as it helps employees to grow and develop their skills and capabilities over time. This can involve providing training and development opportunities, mentoring and coaching, and other forms of support. Finally, improvement is an essential part of performance management because it involves identifying areas where an employee may be falling short of expectations and working with them to develop a plan for improvement. This can involve setting new goals, providing additional training or support, or addressing any performance issues that may be impacting their work. Overall, a comprehensive performance management system should include all of these components to ensure that employees are working towards meaningful goals, receiving regular feedback and support, and continuously improving their performance over time.

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Related Questions


4. What would be the best pricing strategy for a deli opening in a competitive business
district where the lunchtime rush is the bulk of the business? Explain your answer

Answers

Answer:

During the times of opening, the business can offer lucrative and attractive discounts and deals such as buy one get one free deals or opening offers or different deals and discounts to gain competitive business advantage.

Explanation:

The management of Neptune Inc. creates a definite plan of action that will surely create profits for the company. It allocates and sectionalizes its machinery and personnel. The main office is moved to a prime location that helps attract customers and facilitates competitive development. This plan of action helps Neptune Inc. retain its competitive advantage and has also grow as a company.
Which of the following terms does this scenario best illustrate?
a. Strategic tools
b. Functional strategy
c. Business unit strategy
d. Strategic management process

Answers

Answer:

d. Strategic management process

Explanation:

Strategic management process is the continuous improvement process and appraisals aimed at making a business more effective than its competitors.

It covers planning activities towards achievement of an organisations' present and future objectives.

This is exemplified by Neptune Inc. when it allocated and sectionalized its machinery and personnel, the main office was moved to a prime location that helps attract customers and facilitates competitive development.

what do pre-teen ducks hate?
will mark brainiest for right answer!
think hard.

Answers

Answer:

pre teen ducks hate voice quacks

Identify one supply or demand shifting factor that the community could have some control over or do something about

Answers

One supply or demand shifting factor that the community could have some control over is consumer preferences and behaviors.

1. Consumer Education: The community can actively engage in educating consumers about the benefits of certain products or services. By providing information on the positive impacts of choosing certain goods or services, consumers may shift their preferences towards those options, influencing the demand.

2. Marketing and Advertising: Local businesses and organizations can collaborate to promote goods and services that align with the values and preferences of the community. Effective marketing strategies can influence consumer demand and encourage them to choose specific products, thereby shifting the demand curve.

3. Support for Local Producers: Community members can actively support local producers and businesses by purchasing their goods and services. By creating a demand for locally sourced products, the community can influence supply chain dynamics and encourage businesses to cater to their preferences.

4. Sustainable Practices: Promoting sustainable practices within the community can also have an impact on supply and demand. By advocating for eco-friendly products and services, such as renewable energy or ethically sourced goods, the community can create a shift in consumer demand, influencing businesses to adjust their supply accordingly.

5. Collaboration with Local Authorities: The community can collaborate with local authorities to enact policies that align with their preferences. For example, advocating for stricter environmental regulations or supporting initiatives that promote fair trade can influence both supply and demand factors.

By actively engaging in these steps, the community can exert some control over consumer preferences and behaviors, thereby shifting the supply and demand dynamics in their favor.

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A company releases a? five-year bond with a face value of? $1000 and coupons paid semiannually. If market interest rates imply a YTM of 8%, which of the following coupon rates will cause the bond to be issued at a? premium?

A. 6%

B.10%

C. 8%

D. 5%

Answers

Answer: B.10%

Explanation:

For a bond to be issued at a premium, the Coupon rate needs to be higher than the current Market Yield to Maturity as this will cause the price of the bond to be higher than Par signifying that the bond is an attractive one.

If the Coupon rate is equal to the YTM then the bond will trade at Par.

If the Coupon rate is less than the YTM then the bond will trade at a discount.

Only 10% of the coupon rate will allow the bond by issued at a premium.

The coupon rate of a a bond refers to the amount of interest income earned each year based on the face value.

The yield to maturity of a band refers to the total estimated return if the bond is held until maturity.

When coupon rate is equal to YTM at issue, then, bond is issued at par value.

When coupon rate is lower than YTM at issue, then, bond is issued at a discount.

When coupon rate is higher than YTM at issue, then, bond is issued at a premium.

Therefore, the Option B is correct because only 10% of the coupon rate will allow the bond by issued at a premium

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Using the following information, prepare a bank reconciliation for Blossom Company for July 31, 2022.
a. The bank statement balance is $3,510.
b. The cash account balance is $4,050.
c. Outstanding checks totaled $1,240.
d. Deposits in transit are $1,690.
e. The bank service charge is $81.
f. A check for $76 for supplies was recorded as $67 in the ledger.

Answers

Answer and Explanation:

The preparation of the bank reconciliation statement is shown below:

Cash balance as per bank            $3,510

Add: Deposits in transit                $1,690

Less: Outstanding checks            -$1240

Adjusted bank balance                 $3,960

Cash balance as per books          $4,050

Less: Bank service charge           -$81  

Less:  Check for supplies error     -$9 ($76 - $67)

Adjusted cash balance                  $3,960

Therefore both the balances are matched

The Notary Signing Agent should NEVER collect a copy or take a photo of the Requestors ID.

Answers

The Notary Signing Agent should NEVER collect a copy or take a photo of the Requestor's ID is a true statement.

What is a Requestors ID?

Requestor ID is termed as an identifier utilized that is termed for the vendors to demand network tokens from the card organizations.

A  Notary Signing Agent shouldn't snap a picture of an ID to send it to the bank. This is definitely not a safe method for transmission. Since the card-on-record network tokens are shipper explicit, there is higher trust in giving banks and diminished extortion.

The  Notary Signing Agent ought to: Suggest that the borrower contact the moneylender's agent prior to marking the reports. . One actually should cautiously survey the End Revelation to ensure that the provisions of one's advance are the thing you are anticipating.

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What are some strategies that you can use to prepare to file taxes each year? What would be the benefits of these strategies?
What are the benefits of taxes for societies and individuals?
How do taxes influence responsible financial planning? Discuss some examples of how taxes may influence a financial plan.
What are four types of taxes that you pay (or are likely to pay in the future)? Describe these types of taxes.
Find a tax return form and practice filling it out, using either your own information or that of a hypothetical person. What are some of the challenges in filling out a tax return? You can find some example tax forms by visiting irs.gov/forms-instructions.

Answers

Tax planning can be done in a variety of ways, but it often involves two main strategies: lowering your annual income and maximizing your tax deductions.

What are the advantages of taxes for people and for societies?

Benefits like schools and roads, healthcare for the underprivileged and aged, police and fire protection, and the funding of the armed services are all made possible by tax money. Taxes fund the government's operations and the needs of the populace. Additionally, it aids in resource planning and management for the government.

What impact do taxes have on prudent financial planning? Describe some instances when taxes may affect a financial strategy.

Financial planning for tax efficiency is referred to as tax planning. It tries to lower one's tax obligations while making the best use of tax breaks, rebates, and advantages. Making financial and commercial decisions to reduce the impact of taxes is a part of tax planning.

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Entry for Jobs Completed; Cost of Unfinished Jobs
The following account appears in the ledger prior to recognizing the jobs completed in August:
Work in Process
Balance, August 1 $8,920
Direct materials 72,520
Direct labor 78,230
Factory overhead 41,120
Jobs finished during August are summarized as follows:
Job 210 $36,140
Job 216 22,090
Job 224 42,170
Job 230 78,310
a. Journalize the entry to record the jobs completed.
b. Determine the cost of the unfinished jobs at August 31.
$

Answers

Answer:

a. Journal Entry to record the jobs completed:

Debit Finished Goods Inventory $178,710

Credit Work in Process $178,710

To record the jobs completed.

b. The cost of the unfinished jobs at August 31 is:

= $23,080

Explanation:

a) Data and Analysis:

Work in Process

Account Titles        Debit      Credit

Balance, August 1  $8,920

Direct materials     72,520

Direct labor            78,230

Factory overhead   41,120

Finished goods inventory   $178,710

Balance (unfinished jobs)     23,080

Total                  $201,790 $201,790

Jobs finished during August are summarized as follows:

Job 210  $36,140

Job 216   22,090

Job 224   42,170

Job 230   78,310

Total     $178,710

a. Journal Entry Analysis to record the jobs completed:

Finished Goods Inventory $178,710 Work in Process $178,710

b. The cost of the unfinished jobs at August 31 is:

= Total of work in process Minus Finished Goods

= $201,790 - $178,710

= $23,080

Apart from a job search, a also helps in job advancement.

Answers

Apart from a job search, a job portfolio also helps in job advancement.

What is a job portfolio ?

A job portfolio is a collection of documents and materials that demonstrate your skills, achievements, and experiences in your field of work. It can include items such as your resume, letters of recommendation, examples of your work, certificates and awards, and other relevant documents.

Having a well-organized and comprehensive job portfolio can help you stand out from other candidates when applying for promotions or new job opportunities. It can provide evidence of your abilities and accomplishments, and demonstrate to potential employers that you are a qualified and capable professional. Additionally, a job portfolio can help you to keep track of your career progress and achievements, and provide a reference for your own personal and professional development.

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SOMEONE PLEASE HELP THIS IS URGENT

SOMEONE PLEASE HELP THIS IS URGENT

Answers

this is the best i could do for you

Explanation:

1.Small Business Administration (SBA) | Entrepreneurs can acquire a loan from SBA by visiting their website, filling out an application form, and submitting it to an SBA-approved lender. The lender will then review the application and make a decision on whether or not to provide the loan. SBA guarantees a portion of the loan, which reduces the lender's risk and makes it easier for entrepreneurs to secure financing.

2.Crowdfunding | Entrepreneurs can acquire a loan from crowdfunding by creating a campaign on a crowdfunding platform and sharing it with their network and the wider public. Backers can then contribute to the campaign and receive rewards in return. Once the campaign has reached its funding goal, the entrepreneur can access the funds and use them to start their business.

3.Angel Investors | Entrepreneurs can acquire a loan from angel investors by pitching their business idea to a group or individual angel investor. If the investor is interested in the idea, they will provide financing in exchange for equity in the company. The entrepreneur will need to negotiate the terms of the investment, including the amount of equity to be given up and the investor's level of involvement in the business.

It is important for an entrepreneur to know how to get the money necessary to start a business because starting a business often requires significant financial resources. Without access to financing, many entrepreneurs may struggle to get their business off the ground or may have to delay their plans until they can secure the necessary funds. Additionally, knowing the different financing sources available can help entrepreneurs make informed decisions about the best way to finance their business and avoid high-interest loans or other unfavorable financing terms.

Mitchell Bicycle Shop has the following transactions related to its top-selling Mongoose mountain bike for the month of March. Mitchell Bicycle Shop uses a periodic inventory system. Date Transactions Units Unit Cost Total Cost March 1 Beginning inventory 20 $185 $3,700 March 5 Sale ($270 each) 15 March 9 Purchase 10 205 2,050 March 17 Sale ($320 each) 8 March 22 Purchase 10 215 2,150 March 27 Sale ($345 each) 12 March 30 Purchase 9 235 2,115 $10,015 For the specific identification method, the March 5 sale consists of bikes from beginning inventory, the March 17 sale consists of bikes from the March 9 purchase, and the March 27 sale consists of four bikes from beginning inventory and eight bikes from the March 22 purchase. Required: 1. Calculate ending inventory and cost of goods sold at March 31, using the specific identification method. 2. Using FIFO, calculate ending inventory and cost of goods sold at March 31. 3. Using LIFO, calculate ending inventory and cost of goods sold at March 31. 4. Using weighted-average cost, calculate ending inventory and cost of goods sold at March 31. 5. Calculate sales revenue and gross profit under each of the four methods. 6. Comparing FIFO and LIFO, which one provides the more meaningful measure of ending inventory? 7. If Mitchell Bicycle Shop chooses to report inventory using LIFO instead of FIFO, record the LIFO adjustment.

Answers

Bikes from initial inventory are included March 5 sale, a March 17 outsourcers bikes from March 9 sale, or Mar 27 sale includes four bikes from the initial balance & eight bikes from March 22 purchase. 1/2 is need.

Now what you mean by inventory?

All the products, materials, and things that a company keeps on hand in anticipation of selling them to customers for a profit are referred to as inventory. Example: If a newspaper seller utilizes a vehicle to distribute newspapers to clients, just the newspapers will be deemed inventory.

What are the four different categories of inventory?

Raw materials/components, WIP, final products, and MRO are the four main categories of inventory.

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John James earned $250,000 as net sales. He has cost of goods sold of $158,000 and transfer profit from goods manufactured of $80,000. What will be his overall income before deducting other expenses in his Statement of Profit or Loss?

Answers

Answer:

yas I want

Explanation:

yas I want

yas I want

yas I want

yas I want

yas I want

yas I want

yas I want yas

yas I want yas

yas I want yas

annuity repayment vs level principal repayment. can you compare these payments methods​

Answers

Answer: See explanation

Explanation:

Annuities are referred to as the loans that one would have to pay back over a period of time with a particular interest rate. It should be noted that annuities have consistent payments for the period that the loan will be paid back. An example of annuity is the car loan or the mortgage.

For a level principal loan, it should be noted that the principal payment will remain constant and won't change while there'll be a reduction in the interest rate over the period that the loan will be paid back. This means that there will be w reduction in the payments as the time progresses.

The article discusses actions taken by Mary Conger, a master plumber who teaches mandated continuing education classes so that plumbers can maintain their licenses. If we take an opportunistic view of her action, it is a good example of what? Choose one: A. copyright infringement B. consolidation C. rent-seeking behavior D. quality assurance

Answers

Answer:

Option D

Explanation:

In simple words, Quality assurance, described by ISO 9000 as element of quality control focusing on ensuring trust that performance standards will be met," is a method of preventing errors and failures in manufacturing goods and avoiding issues when supplying products or services to consumers.

Thus, from the above we can conclude that the correct answer is D.

As a result if this we can see that opportunistic view of her action, it is a good example of quality assurance.

According to the question, we are to discuss actions taken by Mary Conger, a master plumber who teaches mandated continuing education classes so that plumbers can maintain their licenses.

Therefore, option D is correct because her action, it is a good example of quality assurance.

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Selma Inc. is comparing several alternative capital budgeting projects as shown below.
Projects A B C
Initial Investment $40,000 $60,000 $80,000
Present value of cash inflows $60,000 $55,000 $100,000
Using the profitability index, rank the projects, starting with the most attractive.

Answers

Answer:

A

C

B

Explanation:

1.5

0.9

Which of the following is an example of a nonprofit organization?
a. Tempim, a local newspaper house that sells newspaper at prices lower than its competitors
b.
Modashows, a fashion publication house that issues free subscriptions of its weekly magazines to consumers who are yearly
subscribers
c. Costicon, a regional retail store that sells goods at discounted prices
d. Hollorg, a community museum that is funded by a trust and is free for public use

Answers

Answer: D - Hollorg

Explanation: Being funded by a trust and free for public use means no funding is being sent to any members or directors. With this being a community museum there will be no pay out.

Gay and Joy developed a neat Bento box for children. The shape of the containers encourages healthy eating, and it is very popular. They have been paying another company to manufacture the boxes for them but are interested in manufacturing the boxes themselves. They’ve developed the following cost estimates:
Sales (100,000 units) $ 1,000,000
Costs: Fixed Variable
Raw Materials $ 0 $ 300,000
Direct Labor 0 200,000
Factory Costs 100,000 150,000
Selling and Administrative
Costs 110,000 50,000
Total Costs $ 210,000 $ 700,000
Operating Income $ 90,000
1. How many units will Gay and Joy need to sell to breakeven?

Answers

If Gay and Joy developed a neat Bento box for children. The shape of the containers encourages healthy eating, and it is very popular. How many units will Gay and Joy need to sell to breakeven is: 70,000 units.

First step is to determine the selling price

Selling price = $1,000,000 / 100,000 units

Selling price = $10

Second step is to determine the Variable cost per unit  

Variable cost per unit =$700,000 / 100,000 units

Variable cost per unit = $7

Third step is to calculate the Contribution margin per unit using this formula

Contribution margin per unit = Selling price - Variable cost

Let plug in the formula

Contribution margin per unit = $10 - $7

Contribution margin per unit = $3

Fourth step how many units will Gay and Joy need to sell to breakeven

Using this formula

Break even= Fixed cost / Contribution per unit

Break even = $ 210,000 / $3

Break even  =70,000 units

Inconclusion if Gay and Joy developed a neat Bento box for children. The shape of the containers encourages healthy eating, and it is very popular. How many units will Gay and Joy need to sell to breakeven is: 70,000 units.

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. what roles do entrepreneurs play in the economy? instructions: in order to receive full credit, you must make a selection for each option. for correct answer(s), click the box once to place a check mark. for incorrect answer(s), click the option twice to empty the box. check all that apply make routine pricing decisions innovate purchase capital create market demand take risks make decisions

Answers

The correct way the entrepreneurs can work are-

Physical capital Human capitalSocial capital

An entrepreneur is a person who has an idea and works to turn it into a good or service that customers will buy, as well as a business to help them in their endeavor. An entrepreneur, who typically assumes the majority of the risk and responsibility for their new company, is regarded as a visionary or an innovator.The definition of an entrepreneur is someone who has the aptitude and motivation to create, manage, and succeed in a startup venture while accepting the risk necessary to do so in order to generate profits. A new business venture being launched is the best illustration of entrepreneurship.

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On the long-run aggregate supply curve,

Answers

The long-run aggregate supply curve shows the relationship between price level and real GDP.

What is the supply curve?

It should be noted that the information is incomplete. Therefore, an overview will be given. The supply curve is a graphic representation of the correlation between the cost of a good or service and the quantity supplied for a given period.

In this case, in a typical illustration, the price will appear on the left vertical axis, while the quantity supplied will appear on the horizontal axis.

The long-run aggregate supply curve shows the relationship between price level and real GDP that would be supplied if all prices were fully flexible.

The position of the long-run aggregate supply curve is determined by the aggregate production function and the demand and supply curves for labor.

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Question 49
A producer may share commission with
O the underwriter of the insurance company
O another licensed but unappointed producer
O the insured to offset a portion of the premium payable
O an unlicensed person who has sold, solicited, or negotiated a policy of insurance
2 of 50 Questions Remaining

Answers

The correct answer to question 49 is that a producer may share commission with another licensed but unappointed producer. b is correct answer

A producer may share commission with another licensed but unappointed producer.

In the insurance industry, a producer is an individual or entity that sells, solicits, or negotiates insurance policies. Producers can be insurance agents, brokers, or other licensed professionals authorized to conduct insurance transactions. Commissions are the compensation received by producers for their services in selling insurance policies.

While producers typically earn commissions based on the premiums paid by policyholders, they may also share commissions with other licensed individuals who are not appointed producers. These individuals are usually part of the same agency or brokerage and contribute to the sales process. By sharing commissions, producers can incentivize teamwork, encourage collaboration, and reward the efforts of their colleagues.

It's important to note that sharing commissions with unlicensed individuals who have sold, solicited, or negotiated insurance policies is generally not allowed. Insurance regulations require that only licensed individuals engage in insurance-related activities. Unlicensed individuals do not have the necessary qualifications, training, and legal authorization to participate in the sales process or receive commissions.

The sharing of commissions with the underwriter of the insurance company or the insured to offset a portion of the premium payable is also uncommon. The underwriter is responsible for assessing risk and determining policy terms, while the insured pays premiums to obtain coverage. Commissions are typically allocated to the producer involved in the sale and are not shared with the underwriter or the insured.

Therefore, the correct answer to question 49 is that a producer may share commission with another licensed but unappointed producer.

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There is no substitute for the product that is being sold.

A) perfect competition
B) monopolistic competition
C) Oligopoly
D) monopoly

Answers

Answer:

monopoly or b

Explanation:

Do you think teams are a valuable new management technique that will endure, or are they just a fad that will be replaced with something else in the near future?

Answers

Teams are a valuable management technique that is likely to endure, but their implementation may change as the needs of organizations and the workforce evolve.

Are teams valuable management techniques that will endure?

Teams have been a valuable management technique for decades, and their popularity has only increased over time. Teams can bring together individuals with different skills and perspectives, enabling them to work collaboratively to achieve a common goal. Additionally, teams can foster innovation and creativity, as well as promote a sense of ownership and accountability among team members.

There is no reason to believe that teams will become less important in the future. In fact, with the rise of remote work and the need for organizations to be more agile and adaptable, teams are likely to become even more prevalent. However, it is possible that the way teams are managed and organized may evolve over time, as new technologies and management theories emerge.

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luckely for the guest of the ceremony, there was a company representative who made a speech on the subject

Answers

Answer:

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PLC Ltd. found the following debts to be bad on the dates shown

Answers

The acronym PLC, which stands for a public limited company, indicates that the firm's shares are publicly traded. It is the British equivalent of "Inc." in the United States.

What is PLC?

In the United Kingdom, a public limited company (PLC) is a type of public business. PLC is the counterpart of a publicly listed firm in the United States that uses the Inc. or corporation classification. The inclusion of the PLC acronym following a business's name is required, and it informs investors and anybody interacting with the firm that it is a publicly listed corporation. PLC, which stands for a public limited company, is an acronym for public corporations in the United Kingdom.

PLCs make up the majority of the firms listed on the London Stock Exchange. A PLC shares can be purchased by any regular investor. Unlike privately held companies, public companies are required to publish financial data and disclosures to the public on a regular basis.

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The Montgomerys borrowed $107,000 at 7.50% for 30 years to purchase a house. Find the total interest the Montomerys will pay if they pay the loan on schedule. Click the icon to view the monthly payment of principal and interest table. OA. $162,254.80 OB. $149, 158.00 OC. $177,662.80 OD. $168,803.20​

Answers

The total interest the Montgomerys will pay if they pay the loan on schedule is approximately $163,072.

To find the total interest the Montgomerys will pay over the course of the loan, we can calculate the monthly payment and then subtract the principal borrowed.

First, we need to calculate the monthly payment using the loan amount, interest rate, and loan term. We can use the formula for calculating the monthly payment on an amortizing loan:

Monthly payment =\(P * r * (1 + r)^n / ((1 + r)^n - 1)\)

Where:

P = Principal amount borrowed = $107,000

r = Monthly interest rate = Annual interest rate / 12 = 7.50% / 12 = 0.625%

n = Total number of payments = 30 years * 12 months/year = 360 months

Plugging in the values, we have:

Monthly payment = $107,000 * 0.00625 * (1 + 0.00625)^360 / ((1 + 0.00625)^360 - 1)

             ≈ $750.20

The monthly payment of principal and interest is approximately $750.20.

To find the total interest paid, we can multiply the monthly payment by the total number of payments and subtract the principal borrowed:

Total interest paid = (Monthly payment * Total number of payments) - Principal borrowed

                 = ($750.20 * 360) - $107,000

                 ≈ $270,072 - $107,000

                 ≈ $163,072

Therefore, the total interest the Montgomerys will pay if they pay the loan on schedule is approximately $163,072.

None of the provided answer options match the calculated value. However, based on the calculation, the closest option is OA. $162,254.80.

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Global marketing strategies that affect customer volume include strategies that: Attract new customers to grow in market share. Grow the market demand by bringing more customers into a market. Enter new markets to create new sources of customer volume Require some level of marketing effort to achieve a certain level of market share. A. (i), (iii) and (iv) B. (i), (ii) and (iii) C. (i) and (ii) only D. (i), (ii), (iii) and (iv)

Answers

The option D is true as all the statements refers to the global marketing strategies that affect the customer.

What are Global marketing strategies?

Global marketing strategies are a part of an overall business plan. It is the process of adjusting the marketing strategies of a company to better fit the needs of potential customers in other countries.

Entering a new international market can give a company access to a new customer base, which can increase company revenue.

This may also have several other benefits, such as reduced labor costs, access to additional resources, and the ability to diversify risks.

Hence, Option D is true as it covers all the Global marketing strategies that affect customer volume.

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Roles and responsibility of central management(business policy)

Answers

Answer:

The Four Functions of Management: What Managers Need to Know

Planning. One main role of a manager is creating a plan to meet company goals and objectives. ...

Organizing. ...

Leading. ...

Controlling. ...

How to Develop Key Management Skills. ...

Work to Develop Your Management Skills With an MBA.

You wish to open a savings account to accommodate the future expense for the maintenance of a laboratory equipment. At the first 5 years, the laboratory equipment will have a constant expense of $50, and in the next five years, the equipment will have a constant increase of $30. How much should you deposit in this savings account? The interest is 3%.

pls show cash flow diagram

Answers

We will need to deposit an amount of $440.05 in the savings account in order to to have enough funds to cover the laboratory expenses over the 10-year period.

How much should you deposit in this savings account?

To calculate the present value of the cash flows, we need to discount each cash flow to its present value and then add them up. We can use the present value formula for a series of cash flows: PV = C1/(1+r)^1 + C2/(1+r)^2 + ... + Cn/(1+r)^n

For the first 5 years, the cash flow is constant at $50, so we can use the formula for the present value of an annuity: PV = C*(1 - 1/(1+r)^n)/r

PV1 = 50*(1 - 1/(1+0.03)^5)/0.03

PV1 = 216.03

For the next 5 years, the cash flow increases by $30 each year, so we can use the formula for the present value of a growing annuity: PV = C*(1 - (1+g)/(1+r)^n)/(r-g) where C = 50, g = 30, r = 0.03, n = 5

PV2 = C*(1 - (1+g)/(1+r)^n)/(r-g)

PV2 = 224.02

Now, we will proceed to add the PV of the two cash flow streams to get the total present value:

= PV1 + PV2

= 216.03 + 224.02

= $440.05

Full question "Cash-flow for 10 years: $50, $50, $50, $50, $50, $50, $80, $110, $140, $170. At the first 5 years, the laboratory equipment will have a constant expense of $50, and in the next five years, the equipment will have a constant increase of $30. The interest is 3%. How much should you deposit in this savings account?

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Windborn Company has 15,000 shares of cumulative preferred 1% stock, $100 par and 50,000 shares of $30 par common stock.

The following amounts were distributed as dividends:
20Y1 $30,000
20Y2 12,000
20Y3 45,000

Common Stock
(dividends per share)

I cannot figure out Y1 or Y3

Answers

The dividends per share for the common stock in year 1 (Y1) is $0.60 per share, and in year 3 (Y3) is $0.90 per share.

To calculate the dividends per share for the common stock in year 1 (Y1) and year 3 (Y3), we need to determine the total dividends distributed and divide them by the number of common shares outstanding.

Given information:

Cumulative preferred stock: 15,000 shares, 1% dividend

Common stock: 50,000 shares, $30 par value

Dividends distributed:

Y1: $30,000

Y2: $12,000

Y3: $45,000

First, let's calculate the dividends per share for the cumulative preferred stock in each year.

Dividends per share for cumulative preferred stock = (Par value * Dividend rate) / Number of preferred shares

Dividends per share for cumulative preferred stock = ($100 * 1%) / 15,000 shares

Dividends per share for cumulative preferred stock = $1 / 15,000

Dividends per share for cumulative preferred stock = $0.000067 per share

Now, let's calculate the dividends per share for the common stock in year 1 (Y1) and year 3 (Y3).

For Y1:

Total dividends for common stock = Dividends distributed - (Dividends per share for cumulative preferred stock * Number of preferred shares)

Total dividends for common stock = $30,000 - ($0.000067 * 15,000)

Total dividends for common stock = $30,000 - $1.005

Total dividends for common stock = $29,998.995

Dividends per share for common stock in Y1 = Total dividends for common stock / Number of common shares

Dividends per share for common stock in Y1 = $29,998.995 / 50,000 shares

Dividends per share for common stock in Y1 = $0.5999799 per share (rounded to $0.60 per share)

For Y3:

Total dividends for common stock = Dividends distributed - (Dividends per share for cumulative preferred stock * Number of preferred shares)

Total dividends for common stock = $45,000 - ($0.000067 * 15,000)

Total dividends for common stock = $45,000 - $1.005

Total dividends for common stock = $44,998.995

Dividends per share for common stock in Y3 = Total dividends for common stock / Number of common shares

Dividends per share for common stock in Y3 = $44,998.995 / 50,000 shares

Dividends per share for common stock in Y3 = $0.8999799 per share (rounded to $0.90 per share)

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