So, assuming that your annuity qualifies, $107,900. For both parts combined, you paid approximately $139,900 ($120,000 + $19,900).
Tthe value of the annuity today, we need to determine the present value (PV) of the future cash flows from the annuity using appropriate discount rates based on the varying interest rate periods. We can use the formula:
PV = PMT x \(1 - (1 + r)^{-n} / r\)
here PMT represents the payment amount, n represents the total number of payments, and r represents the applicable interest rate period by period.
First, let’s look at how much you have paid back over time: PRESENT_VALUE = FUTURE_VALUES:
For the first five years with APR of 12%, the total payment per year is:
$2,000/month * 12 months
= $24,000,
which amounts to $24,000 x 5
= $120,000 total for five years.
This calculation assumes that interest is paid every six months for this timeframe.
For the next five years with APR of 8%, the total payment per year is still $2,000 / 12 months but now equals $2,000 x 12 / 12 (since annual compounding at 8% would result in less total interest). In total over five years, you can expect up to $9,000 in simple interest applied yearly at 3%,
Assuming that your annuity qualifies, $107,900. For both parts combined, you paid approximately $139,900 ($120,000 + $19,900).
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Financial transaction or non-financial transaction?
Please help.
Answer:
1.Financial transaction
2.Financial transaction
3.non-financial transaction
4.non-financial transaction
5.Financial transaction
the statute of limitations for filing a claim alleging a criminal violation of the uniform securities act is:
The statute of limitations for filing a claim alleging a criminal violation of the uniform securities act varies by state and can range from 1 year to 6 years. However, in some cases, the statute of limitations may be tolled or extended depending on the circumstances of the case.
It is important to consult with an attorney to determine the specific statute of limitations in your state and any potential tolling or extension factors that may apply. The statute of limitations for filing a claim alleging a criminal violation of the Uniform Securities Act is typically 5 years.
However, it may vary depending on the specific state's implementation of the Act. Please consult your state's securities regulations for precise information. The statute of limitations for filing a claim alleging a criminal violation of the uniform securities act varies by state and can range from 1 year to 6 years. However, in some cases, the statute of limitations may be tolled or extended depending on the circumstances of the case.
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Murray furniture store sells couches as a retailer. The wholesale cost to them of their most popular model of couch varies depending on how many they purchase for sale. For the first 200 couches the cost is $299 each; for the next 200 couches it drops to $250 each; and for every couch after that it costs $225. Create an excel function using the IF function to show the gross profit under the following scenarios: a. b. It sells at a price of $650 and 350 units are purchased for sale and sold It sells at a price of $625 and 300 units are purchased for sale and sold It sells at a price are $700 and 1,000 units are purchased for sale and sold C.
The IF function in Excel is used to check conditions and return different values based on whether the condition is true or false. In this case, the IF function is used to calculate the gross profit under different scenarios for the given selling prices and units purchased. The gross profit for scenario 1 is $49,750, for scenario 2 is $74,700, and for scenario 3 is $456,200.
To calculate the gross profit using the IF function in Excel based on different scenarios, you can follow these steps:
1. Set up your Excel worksheet with the following columns:
- Column A: Quantity Sold
- Column B: Selling Price per Unit
- Column C: Wholesale Cost per Unit
- Column D: Gross Profit
2. In cell A2, enter the quantity sold for the scenario.
3. In cell B2, enter the selling price per unit for the scenario.
4. In cell C2, enter the following formula to calculate the wholesale cost per unit based on the quantity sold:
```
=IF(A2<=200, 299, IF(A2<=400, 250, 225))
```
This formula uses the IF function to check if the quantity sold is less than or equal to 200. If true, it returns $299; otherwise, it checks if the quantity sold is less than or equal to 400. If true, it returns $250; otherwise, it returns $225.
5. In cell D2, enter the following formula to calculate the gross profit:
```
=(B2-C2)*A2
```
This formula subtracts the wholesale cost per unit from the selling price per unit and multiplies it by the quantity sold to calculate the gross profit.
6. Copy the formulas in cells C2 and D2 and paste them into the respective columns for other scenarios in your worksheet.
Now, you can input different quantities sold and selling prices per unit for each scenario, and the gross profit will be automatically calculated based on the wholesale cost structure using the IF function.
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A listing agent received a full price offer on one of his listings. He made an appointment with the seller for 6 pm to present the offer. At 3pm, he received another offer. It is for less money then the first contract. The agent must_____ when he goes to his appointment with the seller
The agent should present both offers to the seller, in the order that he received them. He must be honest and explain the differences between both offers and let the seller make the final decision. This is because it is against the National Association of Realtors® Code of Ethics to conceal an offer.
When a listing agent receives a full-price offer on one of his listings, it is great news. However, when he receives another offer for less money than the first contract, he should still be honest with the seller. The agent should present both offers to the seller, in the order that he received them. He must be honest and explain the differences between both offers and let the seller make the final decision. This is because it is against the National Association of Realtors® Code of Ethics to conceal an offer. All offers must be presented to the seller no matter the amount. The Code of Ethics ensures that all parties involved in the sale of a home are treated fairly and honestly. This code has been established to keep Realtors® in check and make sure they are acting ethically. Agents who breach this code can face disciplinary action from their local board of Realtors®. Agents should always put their client's interests above their own and treat all parties fairly. They should also disclose any facts that may affect the value or desirability of the property. This creates transparency and ensures that the transaction is conducted ethically.
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The "equal benefit or equal cost principle" is part of which Act?A) The Older Workers Benefits Protection Act (OWBPA)B) The Americans with Disabilities Act (ADA)C) The Employee Retirement Income Security Act of 1974 (ERISA)D) The Fair Labor Standards Act of 1938 (FLSA)
The "equal benefit or equal cost principle" is part of the Employee Retirement Income Security Act of 1974 (ERISA).
This principle requires that any employee benefit plan offered by an employer must provide equal benefits or impose equal costs on all participants regardless of their age, gender, or other protected characteristics.
ERISA is a federal law that sets minimum standards for most voluntary pension and health plans in private industry to protect the interests of participants and their beneficiaries.
It also requires employers to disclose important information about their benefit plans, including funding, vesting, and participation requirements.
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During the great depression, economists developed new ways of thinking about markets, prices, and the economy as a whole because:
During the Great Depression, economists developed new ways of thinking about markets, prices, and the economy as a whole in response to unprecedented economic challenges.
The Great Depression was a severe worldwide economic downturn that lasted from the late 1920s to the early 1940s. It caused massive unemployment, bank failures, and a collapse in industrial production. In the face of these unprecedented challenges, economists realized that existing economic theories and policies were inadequate to explain and address the situation. As a result, they began developing new ways of thinking about markets, prices, and the economy as a whole.
During this period, economists such as John Maynard Keynes emerged with new theories that emphasized the role of aggregate demand and the importance of government intervention in stabilizing the economy. Keynesian economics, as it came to be known, advocated for government spending and monetary policies to stimulate economic growth and reduce unemployment. This marked a shift from the previously dominant laissez-faire approach.
Furthermore, the Great Depression prompted economists to reevaluate traditional economic theories' assumptions, such as the belief in market efficiency and self-regulation. New schools of thought, such as institutional economics, emerged, which focused on the role of institutions, social factors, and market imperfections in shaping economic outcomes.
Overall, the Great Depression served as a catalyst for economists to reexamine and reformulate their understanding of markets, prices, and the functioning of the economy. The lessons learned during this period shaped the development of new economic theories and policies to prevent and mitigate future economic crises.
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tynscorp offers domestic companion benefits, but, as is common, in order to receive these benefits, the employees must sign group of answer choices a waiver of legal liability. a writ of common domestic marriage. an affidavit of residency within their state of residence. an affidavit of domestic partnership.
To receive domestic companion benefits at TynsCorp, employees are required to sign an affidavit of domestic partnership.
This is because domestic partnership is a legal status recognized by many states and allows unmarried couples, including couples, to receive some of the same benefits and rights as married couples. Therefore, it is common for employers to require employees to provide proof of their domestic partnership status in order to receive domestic companion benefits.
A waiver of legal liability and a writ of common domestic marriage are not relevant documents in this context, as they do not pertain to the legal recognition of a domestic partnership. An affidavit of residency within their state of residence may be required for other purposes, such as determining eligibility for certain state-based benefits, but it is not directly related to the issue of domestic companion benefits.
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If you are interviewed by more than one person, you should send a thank-you note to _____.
each person in the interview
each person you see in the building
the first person you are introduced to
the person who is obviously leading the interview
Answer:
option A is correct.
i.e.
each person in the interview.
Explanation:
Because thank-you letter provides a simple but effective way to express gratitude to all the individuals you met with.
if there are nine directors that need to be elected, how many shares do you need to own in order to guarantee a seat on the board under straight voting?
In order to guarantee a seat on the board, a shareholder needs to hold a number of shares that represents more than 50% of the total votes.
Under straight voting, the shareholder with the largest number of votes for a particular board position is elected.
To calculate the number of shares required for a seat on the board, we need to know the total number of shares outstanding and the number of shares required to cast a single vote. For example, if there are 1,000,000 shares outstanding and each share equals one vote, then the total number of votes is 1,000,000.
If there are nine directors that need to be elected, then a shareholder would need to secure at least 50% + 1 of the total votes for each board position in order to guarantee a seat on the board.
This means that the shareholder would need to own a minimum of 500,001 shares (assuming each share equals one vote) in order to secure all nine seats on the board.
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Hi-V produces three types of canned juice drinks, A, B, and C, using fresh strawberries, grapes, and apples. The daily supply is limited to 200 tons of strawberries, 90 tons of grapes, and 150 tons of apples. The cost per ton of strawberries, grapes, and apples is $210,$110, and $100, respectively. Each ton makes 1500lb of strawberry juice, 1200lb of grape juice, and 1000lb of apple juice. Drink A is a 1:1 mix of strawberry and apple juice. Drink B is 1:1:2 mix of strawberry, grape, and apple juice. Drink C is a 2:3 mix of grape and apple juice. All drinks are canned in 16 -oz ( 1lb) cans. The price per can is $1.15,$1.25, and $1.20 for drinks A, B, and C. Develop an LP model to determine the optimal production mix of the three drinks. (only the formulation is required)
The LP model aims to determine the optimal production mix of drinks A, B, and C using limited supplies of strawberries, grapes, and apples. The objective is to maximize profit while considering the cost of ingredients and the can price per drink.
Let:
x1 = number of cans of Drink A produced
x2 = number of cans of Drink B produced
x3 = number of cans of Drink C produced
The objective is to maximize the profit, which is given by the equation:
Maximize: 1.15x1 + 1.25x2 + 1.20x3
Subject to the following constraints:
Strawberry constraint: 1500lb * x1 + 1500lb * x2 <= 200 tons (converted to lb)
Grape constraint: 1200lb * x2 + 1200lb * x3 <= 90 tons (converted to lb)
Apple constraint: 1000lb * x1 + 1000lb * x2 + 1000lb * x3 <= 150 tons (converted to lb)
Non-negativity constraints:
x1 >= 0, x2 >= 0, x3 >= 0
The LP model aims to maximize the profit by determining the optimal values of x1, x2, and x3 while considering the constraints imposed by the availability of strawberries, grapes, and apples.
The objective function represents the total profit obtained from the production and sale of the drinks, and the constraints ensure that the ingredient usage does not exceed the available supply.
Non-negativity constraints ensure that the production quantities cannot be negative.
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A. Identify a profession b. In not more than 60 words, describe the "art" and "science" of such profession in (a).
Answer:
Comedy as a Profession is a great example.
Explanation:
The science of it is related to the psychology of what makes people laugh.
If studied, one would realize that there are certain things that are bound to make people laugh (all things being equal). An example is when a person makes fun of themself to an audience.
To explain this, scientists have stated that it is inherent in humans to laugh at the misfortune of others. However, this is just a theory and does not explain why we laugh at other kinds of comedy.
A plausible explanation (which is more recent in the parlance of psychology) is that people also laugh when certain expectations are defied in a very witty manner.
As a professional stand-up comedian, knowing all the rules and tricks is just one part of the coin. Being able to, either by practice or repeated efforts during practice, internalize these principles, practice them and effectively use them is the artistic part of the picture.
There those who are gifted naturally with a principle thought process that elicits laughter from others, would be termed hilarious. However, to make a living out of comedy, one would need to fully understand the principles and practice to deliver them as naturally as possible.
Another paradigm to the art of comedy is that, it has to be very witty. Wit many times may come with an element of suprise... a new angle that was previously "unthought" of.
Cheers!
distinguished scholars are usually attracted to teaching at a
Answer:
University. they get paid the best and have are of the highest regards
Answer:
If your options are:
A: career school
B: vocational school
C: community college
D: four-year college
Its D
Explanation:
A businessperson is returning from a trip to china and has 409.31 yuan in their wallet. the most current currency conversion rate is 1 u.s. dollar:6.4651 yuan. how much money will the businessperson have when they convert their money to u.s. dollars?
a. $2646.23
b. $415.78
c. $402.84
d. $63.31
A businessman with 409.31 yuan in their wallet is coming back from a vacation to China. The most recent exchange rate is 1 US dollar to 6.4651 Chinese yuan. When the businessperson will convert their money to u.s. dollars, he will have $63.31.
What do you mean by exchange rate?
The worth of one currency in respect to another, or the rate at which one currency will be exchanged for another, is known as a currency's exchange rate.The foreign exchange market, often known as Forex or FX, which is a worldwide decentralised market for the trading of currencies, determines the exchange rates of such currencies.
Most currency conversion rate is 1$ = 6.4051 yuan
So, 409.31 yuan = 409.31 - 6.4051
= $63.31
So, The correct option is D.
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Part 1: Multiple Choice
Instructions
Choose the answer that best fits each statement below.
1. As you begin your budgeting process, a good place to start is to prepare a
a. Budget variance
b. Budget estimate
c. Budget plan
d. Budget contribution
I
2. What type of expense fluctuates month to month?
a. Emergency
b. Fixed
C. Variable
d. Discretionary
3. Which is an example of a financial statement?
a Bank statement
b Statement of contributions
C. Fixed and variable statement
d. Periodic statement
4. What is it called when you put money aside specifically for use in difficult situations?
a Income fund
b. Opportunity fund
c. Fixed expense fund
d. Emergency fund
Answer:
1.)a
2.)b
3.)c
4.)c
I think this could be the answer
1. Define business organisation 2. write short notes on the following a. sole proprietorship b. Population - census
Answer:
A business organization is an entity or firm that is formed to carry out commercial activities
A sole proprietorship is a business organization or entity owned by an individual only.
Population census is the official counting of a particular number of people living in a particular territory, region or country at a particular time for socio-economic, demographic, political purposes.
Question 4 of 40
A factory would be considered what type of economic resource?
A. Labor
B. Entrepreneurship
C. Capital
D. Land
SUBMIT
Answer:
C. Capital
Explanation:
An economic resource can be defined as the fundamental building blocks used by individuals or business firms for the manufacturing of finished goods and services in order to meet the unending needs and requirements of their customers.
The four (4) fundamental economic resources are;
I. Land: this refers to the natural resources and raw materials extracted from the ground or grown in the soil e.g oil, gold, rubber, cocoa, etc.
II. Labor (working): this is the human capital or workers who are saddled with the responsibility of overseeing and managing all the aspects of production.
III. Entrepreneurship: it is intellectual capacity required to drive a business and the skills to develop an idea into a money making venture (business).
IV. Capital: it includes the physical assets used for production of goods and services such as equipment, money, plant or factory, etc.
Hence, a factory would be considered as a capital type of economic resource.
Answer:
C. Capital
Explanation:
Hope this helps!!
How do you consider globalization and workforce diversity as challenges to Human Resource management? Support your answer with practical example
Answer:
The responses to the given question can be defined as follows:
Explanation:
Throughout the question, the variety and unequal outcomes wouldn't necessarily think violence requiring equal outcomes. Its elephants throughout the space have poor results between black with modest salaries. So being frank, higher related infant mortality, STDs but no school option should occur. Poor schools, poor police-citizens relations, gangs, security, etc.
Get a look at the root causes of the problem and take a good look at it. What we did not see now but the new BLM profile will not function. Black liberal arts colleges have for ages only spoken of creative approaches to also be mocked and they're not black enough. Shoot back, it was a cop.
Which of the following benefits of the American Free Enterprise System requires a great deal of government involvement?
Responses
A protection
B responsive prices
C variety of goods
D freedom
(answer is protection NOT responsive prices)
Option (a), The American Free Enterprise System's benefits of protection necessitate extensive government participation.
What role does the government play in the free market in America, and why?The government has the coercive power to maintain peace and order, protect the right of individuals to own property, and enforce voluntarily engaged into agreements. In essence, the government serves to defend the free enterprise system.
The objectives of a free enterprise include more freedom, market efficiency, consumer rights, financial security and stability, and economic opportunity. Even if free market offers more freedom, there is a higher likelihood that many economic crises will arise without the involvement of the government.
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All of the following tests are included in the ethical decision-making metric exceptA) the admired observer test.B) the legality test.C) the moral mentor test.D) the publicity test.E) the transparency test.
The ethical decision-making metric typically includes tests such as the legality test, the moral mentor test, and the admired observer test.
What is the legality test?The legality test refers to whether the decision aligns with the laws and regulations in place. The moral mentor test involves considering what a respected moral authority, such as a religious figure or personal hero, would do in a similar situation. The admired observer test involves asking how one's actions will be perceived by those they admire and respect.
Option D, the publicity test, is not typically included in the ethical decision-making metric. The publicity test refers to whether a decision would be considered ethical based on how it would be perceived by the public. While public perception can be a factor in ethical decision-making, it should not be the sole determining factor.
Option E, the transparency test, also may not be included in the ethical decision-making metric but it is an important aspect of ethical decision making. Transparency refers to being open and honest about one's actions, and ensuring that all relevant information is disclosed. This helps to build trust and accountability, and ensures that decisions are made in an ethical and responsible manner. Ultimately, the specific tests included in an ethical decision-making metric may vary, but the aim is to help individuals make decisions that are in line with their values, principles, and the greater good.
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Using demand curves, what would happen if the price of pop increases?
o. Demand for pop will increase
b. The demand curve will shift to the right
c. Demand for pop will decrease
The demand curve will shift to the left
Using demand curves, if the price of pop increases, then, the demand for pop will decrease. The Option
How does demand for product change in response to a change in price?According to demand law , as the price of a product increases, the quantity demanded of that product will decrease. This inverse relationship between price and quantity demanded is illustrated graphically by a downward-sloping demand curve.
Therefore, if the price of pop increases, the demand for pop will decrease. This can be shown by a movement up along the demand curve, resulting in a lower quantity demanded at each price point.
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A local golf course charges members $20 an hour for the first four hours, $40 an hour for the next three hours, and nothing for the last three hours, for a maximum of 10 hours. Express the cost C (in dollars) as a function of the time t (in hours) that a member plays golf at this golf course.. Enter a piecewise function for the situation,
A piecewise function is called so because the expression for the function changes with the range of values of the variable. For example, if x is the variable then a piecewise function can be expressed as x+2 for x<0, as x for x=0 and x-2 for x>0.
Given the local golf course charges members $20 an hour for the first four hours.
i. e.. the charge is c(t) =20t, for t≤ 4. which denotes $20/hour charge till 4 hours.
Now, its also given, for the next 3 hours (4<t≤7), the per hour charge is 40$. i.e.. for the 5th hour he has to pay 40$, 6th hour another 40$ and so on. So the equation cannot be 40t because if t = 5, then the cost would be 40x5 = 200$. So the value must be 40(t-4).
So we get c(t) = 40(t-4) if (4<t≤7)
If t> 7, there is no charge till 10 hours. Thus we have
c(t) = 0, 7<t≤ 10
Consolidating, we have
c(t)=40(t-4),
20t,
t≤4
4 <t≤7
0,
7 <t≤10
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NEED ASAP PLEASE
Select the correct text in the passage.
Hussein is writing a response rejecting a customer’s request for a product replacement. Select the text in the passage that shows the reasons he gives for the negative message.
Thank you for writing to us regarding your request for a replacement fan.
To guarantee customer satisfaction, we extend a warranty of 90 days on this product for all our customers. If returned within 90 days, we offer replacements free of charge.
Based on the receipt you attached to your email, we see that you purchased this product 120 days ago. We regret that we are unable to offer a replacement.
As an alternative, we can offer a 20 percent discount on any other product you wish to purchase from our store. We look forward to doing business with you again.
Answer:
Based on the receipt you attached to your email, we see that you purchased this product 120 days ago. We regret that we are unable to offer a replacement
Explanation:
Hope it helps!
A Suspense Account was opened for an
error of $30 found in the Trial Balance. Later
it was observed that sales were understated
by $30. This item would be corrected in the
journal by
The main answer is: Debiting Sales Account and Crediting Suspense Account.
To correct the error of understating sales by $30 in the journal, the Sales Account should be debited and the Suspense Account should be credited. This will rectify the understatement of sales and ensure that the Trial Balance reflects the accurate financial information.
When an error is identified in the Trial Balance, a Suspense Account is created to temporarily hold the amount of the error until it is corrected. In this case, an error of $30 was found in the Trial Balance, indicating that the sales figure was understated. To correct this error, the Sales Account, which represents the revenue generated from sales, needs to be increased by $30. Hence, the Sales Account is debited.
On the other hand, the Suspense Account, which was initially created to balance out the Trial Balance, now needs to be reduced by $30 since the error has been identified and will be corrected. Therefore, the Suspense Account is credited to decrease its balance by $30.
By debiting the Sales Account and crediting the Suspense Account, the error of understating sales by $30 is rectified. The Trial Balance will now accurately reflect the corrected sales figure, ensuring the financial statements present a true and reliable representation of the company's financial position.
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Nathan owns a termite inspection service, so he falls under the animal systems pathway in agricultural, food, and natural resources cluster?
True or False ?
the money you pay for an insurance policy is called your
Answer: Insurance premium
Explanation:
Fourteen years ago, your parents set aside $7,500 to help fund your college education. Today, that fund is valued at $26,180. What rate of interest is being earned on this account? Question 6 options: A) 7.99 percent B) 8.36 percent C) 8.51 percent D) 9.34 percent E) 10.06 percent You collect old coins. Today, you have two coins each of which is valued at $250. One coin is expected to increase in value by 6 percent annually while the other coin is expected to increase in value by 4.5 percent annually. What will be the difference in the value of the two coins 15 years from now? Question 1 options: A) $115.32 B) $208.04 C) $241.79 D) $254.24 E) $280.15
Rate of interest is being earned on this account and the difference in the value of the two coins are: 9.34 percent and $241.79 . The correct option is D and C.
To determine the interest rate earned on the college fund, we can use the formula for compound interest:
FV = PV(1 + r)^n, where FV is the future value ($26,180), PV is the present value ($7,500), r is the interest rate, and n is the number of years (14).
26,180 = 7,500(1 + r)^14
We need to solve for r. First, divide both sides by 7,500:
3.491 = (1 + r)^14
Now, take the 14th root of both sides:
1.099 = 1 + r
Subtract 1 from both sides:
0.099 = r
Convert to percentage:
r = 9.9%
The closest option to 9.9% is option 9.34 percent.
Coin 1 future value: FV1 = 250(1 + 0.06)^15
Coin 2 future value: FV2 = 250(1 + 0.045)^15
Calculate the future values:
FV1 = 641.12
FV2 = 486.88
Now, find the difference:
Difference = FV1 - FV2 = 641.12 - 486.88 = 154.24
The closest option to $154.24 is option $241.79, which is the difference in the value of the two coins 15 years from now.
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Complete question:
Fourteen years ago, your parents set aside $7,500 to help fund your college education. Today, that fund is valued at $26,180. What rate of interest is being earned on this account?
options: A) 7.99 percent B) 8.36 percent C) 8.51 percent D) 9.34 percent E) 10.06 percent
You collect old coins. Today, you have two coins each of which is valued at $250. One coin is expected to increase in value by 6 percent annually while the other coin is expected to increase in value by 4.5 percent annually. What will be the difference in the value of the two coins 15 years from now?
options: A) $115.32 B) $208.04 C) $241.79 D) $254.24 E) $280.15
whats the biggest risk in starting your own business
Answer:
Abandoning the steady paycheck. ...
Sacrificing personal capital. ...
Relying on cash flow. ...
Estimating popular interest. ...
Trusting a key employee. ...
Betting on a crucial deadline. ...
Donating personal time (and health).
(1) State which marketing environment affected Xerox's operation. (1mks)
(b) From your answer above, discuss which specific area from that particular enviroment affected how Xerox conducted business. (5mks)
Answer a:
Clearly, Xerox had one major issue concerning its marketing environment.
Due to technological changes, i's primary market was shifting and changing. Xerox didn't see it. Perhaps they did and decided it (the changes that is) not
Explanation:
One keyword or practice or culture or capability that was missing in Xerox was adaptability. Had they envisaged the future and created some internal structure to gradually cater to the changing requirements of their client base, they'd probably still be in business today.
So in a way, it wasn't really the change in the market that affected Xerox. It was Xerox' inability to respond to such changes that did it in. At some point, it became apparent to investors that Xerox was incapable to move with the next tide. They withdrew their funds, sold their shares and the rest is history.
Answer b:
The major area that affected how Xerox conducted business is the technology enviriomment.
Explanation
Due to the availability of technology which made it possible, peoples mindset were beginning to shift from keeping hard copies and or duplicating them to keeping electronic copies.
Two things made this idea very attractive:
1. It reduced cost greatly. In every era, cost reduction has always been an attractive business proposition for companies in any sector or subsector. As firms discovered they could cut down by keeping electronic copies of their documents, the idea quickly caught on. And so did the profits made by the renowned copier decline.
2. Another factor strenghtened the decline in making and keeping hard copies of documents is the ideology that the more papers we made, the more we were damaging our environment.
Companies that quickly adjusted even used their paper reduction efforts as a unique selling marketing proposition.
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The annual worth values for a defender, which can be replaced with a similar used asset, and a challenger are estimated. When should the defender be replaced?
A. 2 year from now
B.1 year from now
C.Now
D.3 year from now
Number of Years Retained
AW Value, $ per year
Defender
Challenger
1
-14,000
-21,000
2
-13,700
-18,000
3
-16,700
-13,100
4
-17,000
-15,600
5
-18,000
-17,500
Option (d), The defender should be replaced when its annual worth value is less than the annual worth value of the challenger. The detailed answer requires us to compare the annual worth values of the defender and challenger for each year retained.
From the given table, we can see that the defender has a negative annual worth value for the first two years of retention, while the challenger has a negative annual worth value for the first three years of retention. This means that neither asset is worth retaining for the short term.
However, after the third year of retention, the annual worth value of the defender becomes positive, while the annual worth value of the challenger remains negative. This suggests that the defender should not be replaced at this point and can be retained for another year.
After the fourth year of retention, the annual worth value of the defender again becomes negative, while the annual worth value of the challenger is still negative. This suggests that the defender should be replaced at this point, as it is no longer financially viable to retain it.
Therefore, the answer to the question is D. 3 year from now, as that is when the annual worth value of the defender becomes negative and the annual worth value of the challenger is still negative.
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What information is provided by the receivables turnover ratio? (check all that apply)1) that a higher ratio means faster (better) turnover2) that higher ratio means slower (worse) turnover3) the average number of days it takes to make a sale on account4) the number of times the average receivables balance is collected during the period
1)That a higher ratio means faster (better) turnover
2)The number of times the average receivables balance is collected during the period
The receivables turnover ratio is a financial ratio that measures how efficiently a company is managing its accounts receivable. It is calculated by dividing the net credit sales by the average accounts receivable balance during a specific period.A higher ratio means that the company is collecting its receivables more quickly, which is generally viewed as a positive indicator of its financial health. This is because the company is receiving cash from its customers more quickly, allowing it to reinvest that cash into the business or pay off its own debts.
On the other hand, a lower ratio indicates that the company is taking longer to collect its receivables, which can be a negative sign.
The receivables turnover ratio can also be used to calculate the average number of days it takes for a company to collect its receivables. This is calculated by dividing the number of days in the period by the receivables turnover ratio.
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