Answer: An investment of $40,000 to generate 2,000 conversions and a CPA of $20.
Explanation:
For molly to achieve her marketing goal, which is centered around making more sales and more profit. She would be needing and investment of around $40,000, as this amount would help generate a conversion of 2000 and a CPA in the region of $20.
Answer: The correct answer is "B. The quantity demanded of oil decreased".
Explanation: The statement "B. The quantity demanded of oil decreased" is incorrect in describing this scenario because a change in the quantity demanded would be caused by a change in the price, in this case the price of oil remained more or less the same, therefore the change is in demand, and is produced at the price of a substitute good (natural gas) low.
Answer:
A. current liabilities
Explanation:
notes payable are for a period of 90 days which falls under the definition of current liabilities and not for any other given option. current liabilities are those liabilities which are maximum up to 12 months of period. so we should answer A. current liabilities
Answer:
$2,639.83
Explanation:
The value expected in the next 10 years is known as the future value while the amount to be invested today is the present value amount, hence, using the formula below which relates the present value to the future value, we can determine the present value as appropriate:
PV=FV/(1+r)^n
PV=present value=the unknown
FV=future value=$4,300
r=rate of return=5%
n=number of years that investment would last =10
PV=$4,300/(1+5%)^10
PV=$4,300/1.05^10
PV=$4,300/1.62889463
PV=$2,639.83
