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2 years ago

Nora needed to make a long-distance call from a pay phone and did not have the cash. She was able to make the call by using her:

Business

1 answer:

lorasvet [3.4K]2 years ago

3 0

Nora was able to make her long-distance call with the use of her Cash Card

<h3>What is a Payment Method?</h3>

This refers to the different mediums through which a person is able to make payments.

Hence, we can see that because of the long-distance call Nora wanted to make, she had to make use of her Cash Card to make payment because it is disposable and re-usable.

Read more about payment methods here:
brainly.com/question/12241387

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if interest rates are positive, the future value of a given sum will always be less than the present value

Alexeev081 [22]

Answer:

False. If interest rates are positive, the future value will always be more than the present value.

Explanation:

Future value is given by:

FV = PV $(1 + i)^{n}$

wherein, FV= Future Value

PV= Present Value

i = rate of interest per period

n = number of periods

So, if interest rates are positive, the current investment shall be compounded to arrive at Future value which would turn out to be more than the present value.

For example, $ 100 invested today at 10% per annum, after an year would yield $110. This represents future value.

In case future value is provided as 110$ and rate of interest is given as 10% per annum, such future value discounted at 10% would give $100 today which represents the present value.

Thus, Future value will always be more than the present value if interest rates are positive.

5 0

3 years ago

Barrum Owners is a group that consists of people who own Barrum motorbikes. The members of the group meet every month for member

OLEGan [10]

Answer:

The correct answer is B. brand community .

Explanation:

A brand community refers to a group of people who share a strong liking for a brand and create teams to share and discuss its usefulness, use it, and serve as an advertisement to others. In the case of Barrum motorcycles, its brand community is mainly made up of bikers who make trips and events to publicize the benefits of using their motorcycles.

8 0

3 years ago

Susan quit her job as a teacher, which paid her $36,000 per year, in order to start her own catering business. she spent $12,000

kotegsom [21]

Answer:c. continue to operate her business, but in the long run she will probably face competition from newly entering firms

Explanation:

Monthly revenue = $4500

Monthly Variable costs = $1000

Monthly Revenue is higher than Monthly Variable Costs, Susan's catering business will earn an economic in the short run. SHE should continue to operating.

Susan will face competition in the long run because other firms will want to enter the market because of economics profits in the catering industry.

7 0

3 years ago

Catharine, Inc. is considering issuing additional long-term debt to finance an expansion. The company currently has $20 million

sladkih [1.3K]

Answer:

$10 million

Explanation:

Calculation for How much additional 10 percent debt can Catharine, Inc issue

First step is to find the EBT

EBT = $3.0 / (1 - 0.40)

EBT= $5.0

Second step is to find the EBIT

EBIT = $5.0 + $1.0

EBIT= $6.0

Third step is to find the Interest permitted using this formula

Interest permitted = EBIT / Times interest earned

Let plug in the formula

Interest permitted = $6.0 / 3.0

Interest permitted = $2.0

Fourth step is to find the Additional interest amount

Additional interest = $2.0 - $1.0

Additional interest = $1.0

Last step is to compute the Additional debt amount

Additional debt = $1.0 / 0.1

Additional debt= $10 million

Therefore the Additional debt will be $10 million

5 0

3 years ago

You can buy property today for $3 million and sell it in 5 years for $4 million. (You earn no rental income on the property.) (L

kolbaska11 [484]

Answer:

a) Present Value of sales = $2,722,332.78

b) Property is not attractive. NPV$ (277,667.21)

c) Property is attractive. NPV-$520,874.79

Explanation:

The present value of the property

PV = S× (1+r)^(-n)

S- Sales value

r- interest rate -8%

n- number of years

PV - present value

PV = 4,000,000× 1.08^(-5) = $2,722,332.78

b. Is the property investment attractive to you?

We calculated the PV of the investment as follows

NPV = PV of sales value - initial cost

= 2,722,332.78 - 3,000,000=$ (277,667.21)

The property investment is not attractive because it will produce a loss in capital i.e negative NPV

To determine we will calculate the NPV again with considering the additional rental income

PV of annual rent = 200,000 × (1-1.08^(-5))/0.08= 798,542.00

NPV = 798,542.00 + 277,667.2119 - 3,000,000 =520,874.79

The property is attractive as it produces positive NPV

8 0

4 years ago