Option a: the maximum amount that David can pay and still earn the required rate of return is $12,936 which is nearly equal to $12,935.57
The maximum amount that David can pay and still earn the required rate of return:
Formula used, PV = PMT * ((1 - (1 / (1 + r)^n)) / r)
Where,PV = Present Value
PMT = Annual payment
n = number of years
r = required rate of return
As per the given data,
PMt = $3,000
n = 5 years
r = 8%
.PV = $3,000 * ((1 - (1 / (1 + 0.08)^5)) / 0.08)
PV = $12,935.57
Hence, the maximum amount that David can pay and still earn the required rate of return is $12,936 which is nearly equal to $12,935.57. Therefore, the correct answer is $12,936.
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Complete question:
David has purchased an investment that he expects to produce an annual cash flow of $3,000 for five years. he requires an 8% rate of return compounded annually. what is the maximum amount that david can pay and still earn the required rate of return? group of answer choices
$12,936
$15,000
$19,008
$14,764
A decrease in the number of sellers in the market causes:.
Answer:
Monopolistic trade system that destroys family-owned business and further perpetuates big businesses like wal*mart, whole foods, and amazon.
Explanation:
But the capitalistic society we live in doesn't care about mom and pop stores or the individuals they sell to. They only want the most for the cheapest and don't care about who gets exploited in the process of delivering cheap goods to the consumers.
But you don't even want to hear that. You just want to get the answer correct on your homework by saying "A decrease in the number of sellers in the market causes the supply curve to shift making less supply available inherently bringing the prices of goods up"
A basic concept in economics is that all resources are
O scarce.
• allocated.
valuable.
O renewable.
A basic concept in economics is that all resources are scarce. Thus, option a. is the correct answer.
Explain about the basic concept about the economics.
Every person's life includes doing economics on a regular basis in addition to studying it. It serves as a means of balancing the inputs and outputs of money. Whatever it is, one should prepare before the month or count at the end of the month or year, whether it is a small family, a large family, a small commercial enterprise, or a giant organisation. Economics seeks to strike a balance between the unending demands and the finite resources.
After saying this, we'll start talking about the topic of "economics." The pupils who are just beginning their studies in commerce in class XI will find this subject extremely interesting. In essence
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Answer:
Option A scarce
Explanation:
if you deposit $100 into a savings account which compound interest every month at a 5 % yearly interest rate, what is the expression for the amount of
The interest earned after two years $70.28177.
This is the foremost basic variety of account you'll be able to open at any bank. A savings account, by definition, permits you to deposit your cash, safe with the bank, thus you do not have to be compelled to carry it around with you or hide it in this rusty recent steel safe reception. don't fret, you'll be able to withdraw these funds after you want them.
The interest rate is that the quantity a loaner charges a receiver and could be a share of the principal—the quantity loaned. The charge per unit on a loan is usually noted on an annual basis referred to as the annual share rate (APR).
The question is incomplete, find the complete question here
if you deposit $100 into a savings account which compound interest every month at a 5 % yearly interest rate, what is the expression for the amount of the interest earned after two years?
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Which of these helps explain why mixed economies develop?
answer choices
a. People become unhappy with aspects of their current economy.
b. People are seldom exposed to the ideas and technologies of other cultures.
c. Government control of an economy tends to make a nation more prosperous.
d. Government control of an economy leads to a diversity of economic approaches.
Aspects of the current economy start to irritate individuals. These assist in explaining how mixed economies develop.
How can economies progress?An economy develops organically from collective human action—a spontaneous order, similar to language. To raise their living standards, people trade with one another. When labour is more productive, higher living standards are made possible.
What year were the first economies start to grow?The emergence of agricultural cultures around 5,000 years ago was the catalyst for the economy's eventual appearance. Because of the development of the plow, the wheel, and other technologies, these communities were able to create surpluses of food.
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Lewis is a project team member taking part in team building exercises with the project manager and other team members. Lewis is shy and typically keeps to himself unless prompted for his input. Lewis is struggling with the current communication activity. Lewis wishes that he could be more like Becky. Becky is very well liked and highly regarded by everyone else. While she is not part of the project management team, she is seen by others as a role model since she is able to get others to see her way on many issues. Which type of power does Becky possess
Answer:
Her power is charismatism
An initial deposit of $5000 is put into an account that earns 4% interest, compounded annually. Each year, an additional deposit of $5000 is added to the account. What is the value of the account after the tenth deposit if no withdrawals or additional deposits are made
Answer:
$60,030.54
Explanation:
What is the effect of credit card interest on the real cost of items?
Answer:
Credit card interest rates, also known as finance charges, vary from one card issuer to another and may also vary across different credit cards from the same issuer. Before getting a credit card, you must be aware of the interest rate charged on it. Unlike other loans, credit card interest rates are usually not linked to the user’s credit score and repayment capacity. Every credit card has a preset finance charge and it will be the same for all the customers.
The most important point to note here is that interest is charged on credit cards only if you have not paid the outstanding amount in full or withdrawn cash from ATMs using the credit card. No interest is charged when you clear your credit card dues on time.
The full cost of attendance to an institute of higher education, including tuition, room and board, books and other costs is known as _____.
A. Sticker price
B. A full ride
C. The reduced price
D: The net cost
Answer:
A. Sticker Price
Explanation:
The full cost of attendance to an institute of higher education, including tuition, room and board, books and other costs is known as Sticker Price.
How can a diverse economy like the United States, satisfy the needs of its consumers?
Answer:
Supply and Demand
Explanation:
Which of the following is NOT true of correlational research?
Select one:
a. examines the extent to which differences in one variable are related to differences in another variable
b. indicates causation
c. each variable in the study must be present to some degree in each subject
d. relationships can be visually plotted
The answer is b. Correlational research does not indicate causation.
Correlational studies examine the relationship or association between variables to determine the extent to which differences in one variable are related to differences in another variable. However, correlation alone does not imply causation. Just because two variables are found to be correlated does not mean that one variable causes the other. Correlation simply indicates that there is a statistical relationship between the variables, but it does not provide evidence of a causal relationship.
In correlational research, it is not necessary for each variable in the study to be present to some degree in each subject. This statement (c) is not true. Correlational studies involve measuring the variables of interest in a sample of subjects, and the relationship between the variables is analyzed using statistical techniques. The presence or absence of each variable in each subject is not a requirement for conducting correlational research.This visual representation can aid in understanding the nature of the relationship and identifying any potential outliers or patterns.
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Rocky Point Brewery (RPB) filed an initial public offering in January 2018. RPB engaged Olsen & Alain, CPAs, (O&A) in 2015 to keep the books and prepare monthly and annual financial statements (while the company was privately held), and terminated those services in December 2018. Under SEC and PCAOB rules, could RPB engage O&A to be their auditors now that it is a public company? a. Yes, because the prohibited nonaudit services were performed before the period of professional engagement. b. Yes, but only if O&A rescinds any indemnification language existing in their nonaudit engagement letters. c. No, because the prohibited nonaudit services were performed during the period covered by the financial statements. d. No, but only if the fees O&A received from these engagements exceeded five percent of the firm's annual revenues.
Answer: No, because the prohibited non-audit services were performed during the period covered by the financial statements.
Explanation:
The aim of the Securities and Exchange Commission is to protect the investors and also maintain a fair, and an efficient market.
We should note that Under SEC and PCAOB rules, RPB cannot engage O&A to be their auditors now that it is a public company because the prohibited non-audit services were performed during the period covered by the financial statements.
A seller is willing to sell a product only if the seller receives a price that is at least as great as the?.
A seller is willing to sell a product only if he receives a price that is at least as great as its cost of production
Each seller in a market will have a different cost of production. A producer will create a good if she can sell it for a price that is at least as high as the economic cost of doing so. Economic cost covers the opportunity cost of the seller's time in addition to the cost of the goods and labor. The economic cost, therefore, includes what economists refer to as a typical profit. Each vendor produces products with varying levels of efficiency.
But in a market that is entirely based on competition, producers are price takers, and they can only trade if their economic costs are below the market equilibrium price. However, some producers will earn more than the economic cost of their products because they are more effective than others. The difference between the sale price and their economic cost of production will be their producer surplus.
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Some promises do not support a bargained-for exchange and will not support contractual consideration. Such promises are called __________.
The promises do not support a bargained-for exchange and will not support contractual consideration are called Contracts that are not supported by consideration.
What is bargained for exchange?The act of bargained for exchange is known to be the exchange between parties that are said to be engage in a contract in that it often leads to an enforceable contract.
Note that Contracts that are not supported by consideration are said to be usually not enforceable.
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what are creative unique products example flying water bottle plz don’t give me actual already made products
If you've experienced groups that were close and loyal and groups that weren't, you know how important performance. can be to group affinity cohesiveness norms role structure
Group cohesiveness is the measure of a group's loyalty and closeness, and performance is a key factor in determining a group's cohesiveness.
Performance can be influenced by factors such as group norms, roles, and structure.
Performance is important to group cohesiveness because it provides a common goal for the group to strive towards. When group members are able to come together to achieve a goal, they form a bond that strengthens their collective identity and makes them feel more connected to one another.
Performance also sets expectations for group members and can provide motivation for them to work together to reach their goals. Lastly, performance can act as a measure of how well the group is functioning, allowing for adjustments to be made if necessary.
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Maria is considering various business entity types in order to set up her new business. She wants to know which entities are subject to double taxation. You tell her that the entities subject to double taxation are:
Answer:
1. Corporations
2. Limited liability companies that are elected to be treated as corporations
Explanation:
Double taxation is when tax has to be paid two times on on the same particular source of income. A corporation pays tax at 2 levels. That is at the personal level and sat the business level. From dividends, taxes are paid by shareholders, corporations pay taxes on what they also warn annually.
Entities subject to double taxation includes, corporations and the limited liability companies treated as corporations.
A customer purchases materials for $1200 with payment due in 30 days.
After 20 days $200 worth of the material is returned because it is damaged what amount is entered in the debit column of the customer's ledger file?
A. $1,400
B. $1,000
C. $200
D. $1,200
Based on the explanation below, the amount that will be entered in the debit column of the customer's ledger file is D. $1,200.
Effect of credit sales and sales returns on customer's ledger fileIt should be noted the purchase by the customer is a credit sale to the seller.
In the book of the seller, the $1,200 is entered in the debit column of the customer's ledger file immediately after the customer purchases materials of $1200.
However, since the effect of sales return is to reduce the total amount of sales made to a customer, $200 will be entered in the credit column of the customer's ledger file after the return.
Therefore, $1,200 is entered in the debit column of the customer's ledger file.
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What can a boosted post help an advertiser achieve?
A boosted post helps an adviser to connect with the audience and gain trust.
Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.
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Sally's health insurance policy requires her to pay the first $500 of medical costs each year before the company will pay any of her medical bills. This policy provision is the:
The policy by Sally's health insurance policy that requires that she pay $500 of the first medical cost each year is the Annual Deductible.
What is an annual deductible?This is an amount that an insurance policy reuires that its holders pay because the policy starts covering their medical costs.
This amount is paid once a year and is paid on the first medical cost that a person incurs in the year.
In conclusion, this is an annual deductible.
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Marsha is working part-time at a restaurant. She makes an average of $200 per week and her parents send her a monthly allowance of $100. She has the following monthly expenses: Cell phone, $62.00; Gas, $100.00; Food, $200.00; Entertainment, $100.00; Car payment, $200.00; and Insurance, $125.00. Use this information to fill in Marsha’s Income Statement for the current month.
Income:
Total Income:
Expenses:
Total expenses:
If She makes an average of $200 per week and her parents send her a monthly allowance of $100. Her net income is $113.
Income StatementMarsha’s Income Statement for the current month
Income $900
[($200 per week×4 weeks)+$100]
Total Income $900
Expenses:
Cell phone $62.00
Gas, $100.00
Food $200.00
Entertainment $100.00
Car payment $200.00
Insurance $125.00
Total expenses $787
Net income $113
($900-$787)
Therefore her net income is $113.
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population growth can have both a positive and a negative impact on economic growth. a. true b. false
The correct answer is true. Population growth can have both, a positive and a negative impact on economic growth.
The yearly rate of change in real GDP per person is the measure of economic growth. This indicator of a country's economic growth rate considers both the rate of population increase and the growth in the total output of goods and services. It is an average measure that does not take into consideration potential changes in income distribution or different welfare costs or benefits that may come along with economic growth.
Some economists say that population expansion slows economic growth, while others assert the exact reverse. Therefore, according to the latter economists, immigration should be promoted rather than discouraged.
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Interview a business manager on the crisis experienced in the workplace
Answer:
During an interview, a hiring manager may ask you about previous challenges you've faced in the workplace. The most effective answer to this question will highlight your problem-solving skills and professionalism. Preparing for this question ahead of time will provide you with greater confidence and a better chance of impressing the hiring manager. In this article, we discuss why employers ask this question, explain how to answer it and provide you with a list of example answers.
Explanation:
Interviewing a business manager on the crisis experienced in the workplace will help to know how efficient the business manger is.
What is a Business Manager?A business manager can be defined as a person that help to manage a company or an organization business so as to ensure that the business is running effectively.
A business manger is in the right position to know the crisis happening in his/her workplace and how to effectively manage the crisis and to ensure smooth running of the business.
Therefore Interviewing a business manager on the crisis experienced in the workplace will help to know how efficient the business manger is.
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JohnBoy Industries has a cash balance of $54,000, accounts payable of $134,000, inventory of $184,000, accounts receivable of $219,000, notes payable of $129,000, and accrued wages and taxes of $41,500. How much net working capital does the firm need to fund?
Answer:Net working capital = $152,500
Explanation:
Net working capital = CA– CL
Where CA= Current Assets = Cash + Inventory + Accounts Receivable
and CL= Current Liabilities= Account payable + Notes payable + accrued wages and taxes
CA=$54, 000 + $184,000 + $ 219,000 =$457,000
Current liabilities = Account payable + Notes payable + accrued wages and taxes
CL = $134,000 + $129,000 + $41,500 = $304,500
Net working capital = Current assets – Current liabilities
Net working capital = $457,000 – $304,500= $152,500
Net working capital = $152,500
What is the similarity between goodwill and factory equipment for a business?
A.
Neither has a physical presence.
B.
Both have a financial value.
C.
Both are tangible assets.
D.
Both need to be sold off within one year.
E.
Both are current assets.
Answer:b
B: Both have financial value
Explanation:ik its b
Ik its B took the test
Answer: I believe the answer is B
A company does not have to file any paperwork with the U.S.
Patent and Trademark Office if it is trying to protect a trade
secret such as a secret chocolate chip cookie recipe.
True
False
The correct statement regarding the paperwork to be filed with the U.S. Patent and Trademark Office by the company trying to protect a trade secret is as follows: False
What is a trade secret? A trade secret is a type of intellectual property that is primarily used to protect confidential, proprietary information. A trade secret is typically something that is not publicly known and is only known to a small group of people.The details of a company's cookie recipe, for example, may be kept a trade secret. Because it is confidential information, a company will go to great lengths to protect it.
The U.S. Patent and Trademark Office is not responsible for protecting trade secrets.To protect a trade secret, a company may require employees and vendors to sign nondisclosure agreements or non compete agreements. When it comes to trade secrets, intellectual property lawyers are frequently hired to provide legal assistance.To summarize, a company does not have to file any paperwork with the U.S. Patent and Trademark Office if it is trying to protect a trade secret such as a secret chocolate chip cookie recipe, and the given statement is False.
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which of the following items cannot be found on a firm's balance sheet under current liabilities? a. accrued payroll taxes. b. cost of goods sold. c. short-term notes payable to the bank. d. accounts payable.
Cost of goods sold cannot be found on a firm's balance sheet under current liabilities. The answer is OPTION B.
Accounts payable, payroll due, payroll taxes, accumulated expenses, short-term notes payable, income taxes, interest payable, accrued interest, utilities, rental fees, and other short-term loans are examples of current liabilities that appear on the balance sheet.
Cash, cash equivalents, accounts receivable, stock inventory, marketable securities, pre-paid liabilities, and other liquid assets are examples of current assets. The Current Assets account is crucial since it shows a company's short-term liquidity and ability to meet short-term obligations. A typical industrial company's balance sheet starts with the assets that will be converted to cash and works its way down to the firm's longest-lived assets.
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When should a person proceed with a
choice in terms of marginal benefits
and cost?
O when the market is high
O when there is no difference
O when the benefits outweigh the
cost
Answer:
when the difference outweighs the cost
Suppose the accompanying table contains data on how many veggie delite sandwiches subway is willing to sell each day at two different prices. Calculate the daily price elasticity of supply when the price increases from $5. 00 to $7. 50. Please round to the nearest hundredth.
Annual elasticity is more elastic (since firms can switch to other production methods or lower-cost inputs quicker in the long run, compared to in the short run), and the annual supply curve is flatter.
A supply curve constitutes a graph that depicts how the quantity that a vendor supplies is impacted by changes in the selling price of an item or service. The horizontal x-axis shows the quantity supplied, and the vertical y-axis shows the price.
The supply curve changes to the right when the alteration in supply is higher and to the left when the increase in supply is lower.
Using the midpoint method,
Elasticity (Es) = [(Q1 - Q0) / (Q1 + Q0)] / [(P1 - P0) / (P1 + P0)]
= \([(210,000 - 200,000) / (210,000 + 200,000)] / [(7.5 - 5) / (7.5 + 5)]\)
= \((10,000 / 410,000) / (2.5 / 12.5)\)
= \(0.12\)
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Which is NOT something you should look for in a savings account?
a) Low (or no) monthly fee
b) Rewards for using your debit card
c) Free online banking
d) Competitive interest rate
Answer:
b) Rewards for using your debit card
Explanation:
If it’s a saving account why would I using my debit?
In supporting their local economic base, cities may at times incur expenses from doing business with entities located outside of their local community (e.g., in cities with high tourist activity, souvenirs are likely to come from low-wage countries). These expenses are an example of ______ from the local economy.
When cities incur expenses by doing business with entities outside of their economic base, these are called Leakages.
What are leakages?These refer to the flow of cash and resources out of a local economy to other economies.
When cities engage in business with entities from outside their economy, they would be passing on cash to those entities. This cash would therefore leave the local economy which makes it a leakage.
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