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In the period from the mid 1980s many academics and practitioners claimed that Activity Based Costing (ABC) techniques would lead to vast improvements in the accuracy, usefulness and relevance of cost information in organisations. Later work seems to suggest that these potential benefits have not been forthcoming. This assignment is […]

Think about your current or former place of employment or a business where you would like to work.  Write a 350- to 700-word paper in which you address the following: What is the company’s mission statement? What is the company’s vision statement? What role do these have on the way the business […]

Employment Rate In America, the unemployment rate is a measure of the number of people actively engaged in searching for a job expressed as a percentage of the labor force. Five years ago, the unemployment rate was very high, and it had hit the 10% mark. However, as the years […]

The interest rate (discount rate) that the bank pays is 8%. What is the present value of your bank account today? PV = C/ (1+i) t = 7,000/ (1+0.08)1= $ 6,481.48 What would the present value of the account be if the discount rate is only 3%? = 7000/ (1+0.03)1 […]