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Misha Larkins [42]
2 years ago
9

When Marilyn Monroe died, ex-husband Joe DiMaggio vowed to place fresh flowers on her grave every

Business
1 answer:
Brrunno [24]2 years ago
4 0

Based on the cost of the flowers and the number of years Joe DiMaggio was expected to live, the present value of the commitment was $2,389.26.

<h3>How much is the present value of the commitment?</h3>

First convert the interest and period to weekly figures:

Period:

= 52 x 30

= 1,560 weeks

Interest:

= 10.4% / 52

= 0.2% weekly

The present value will be that of an annuity because the amount is constant every week:

= Amount x (1 - (1 + rate) ^ -number of periods) / rate

= 5 x (1 - ( 1 + 0.2%) ⁻¹⁵⁶⁰) / 0.2%

= $2,389.26

Find out more on present value at brainly.com/question/25792915.

#SPJ1

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Canon was able to redesign the copying machine so that it didn't need professional service—reliability was built directly into t
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Answer:

a. architectural innovation.

Explanation:

From the question we are informed about Canon who was able to redesign the copying machine so that it didn't need professional service—reliability was built directly into the machine, and the user could replace parts, such as the cartridge. What Xerox had not envisioned was the possibility that the components of the copying machine could be put together in an altogether different way that was more user-friendly. In this case This example describes architectural innovation.

Architectural innovation can be regarded as innovation of an architecture which involves

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5 0
3 years ago
Devine Linens (DL) must raise $14,000,000 to support future growth. If it raises the funds by issuing stock, DL must pay an inve
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Answer:

D. $15,000,000

Explanation:

amount to be raised before 5%cost = $14,000,000 + $250,000

                                                            =$14,250,000

then:

100 - 5 = 95%         ~~     $14,250,000

100%                       ~~      $ 15,000000

Therefore, the amount required to be raised is $15,000,000.

5 0
3 years ago
Managers should select the capital structure that A. maximizes the value of the firm. B. has no debt. C. is fully levered. D. mi
motikmotik

Answer:

A. maximizes the value of the firm.

Explanation:

Managers should select the capital structure that "A", maximizes the value of the firm.   He may select a capital structure with full debt or no debt, based on certain fact  and conditions.

Capital Structure may result in Minimum taxes and generate Current level of Income but the most important is to maximize the value of the firm.

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3 years ago
Minnetonka Company leases an asset. Information regarding the lease:
wariber [46]

Answer: The options are given below:

A. Short term.

B. Operating.

C. Long

D. Finance.

The correct option is D. Finance.

Explanation: A finance lease is the kind of lease in which a finance company is the legal owner of the asset throughout the duration of the lease, while the lessee has both operating control over the asset, and some share of the economic risks and returns from the change in the valuation of the underlying asset.

In a finance lease agreement, ownership of the property is transferred to the lessee at the end of the lease term.

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4 years ago
Read 2 more answers
Nadine works for an accounting firm. she makes enough money for herself and has bought a house with a top-notch security system.
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In the given space provided, the answer is security needs. The safety or security needs revolve around of having to feel physically safe, secure with financial or personal security or being healthy in an over all as a well being in which Nadine has achieved one of them.

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