Suppose you deposited $26,000 in a bank account that pays 5.25% with daily compounding based on a 360-day year. How much would be in the account after 8 months, assuming each month has 30 days?
A. $21,271.57
B. $25,579.74
C. $26,926.04
D. $33,119.03
E. $26,656.78
Answer: C
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The percentage of receivables method of estimating uncollectibles is based on the relationship between the amount of accounts receivable at the end of the year and the amount of uncollectible accounts
Indicate whether the statement is true or false
It is difficult to create tasks that lead to a feeling of autonomy in jobs that are highly structured and controlled by management.
Answer the following statement true (T) or false (F)
The marketing department at Acme Global is loosely structured with little hierarchy. This allows for different employees to take the lead on different projects based on their work loads and their interests. Hans joined the department from a company at which the marketing department had clear lines of authority. He quit Acme Global after 2 months saying that he just could not figure out how to contribute to the department. It appears that the Acme Global job lacked ______ for Hans.
A. ability-job fit B. personality-job fit C. person-organization fit D. ability-person fit
Internal reports on quality at the Acme Publishing Company generated the following information for the Trade Division for the first three months of the year: Total sales $1,000,000 Costs of quality: Prevention 44,000 Appraisal 47,000 Internal failure 36,000 External failure 64,000 Compute the ratio of costs of conformance to total costs of quality
a. 44.6% b. 47.6% c. 50.1% d. 100%