Answer:
The short answer to that is No, Starbucks will not change its foreign market entry strategy.
Explanation:
The reasons are as follows:
- did Howard Schultz lose his shares when he stepped down? This is highly unlikely and according to the rules of corporate governance may depend on his contract. So stepping down as the chairman does not necessarily translate to losing control.
- Corporations such as Starbucks: don't just up and change direction. Strategies are usually vetted by the board of directors. Whoever the majority shareholder is (corporate person or individual) will always have a say regarding the expansion of the business.
- Howard Schultz has stepped down in 2018. At that time, Starbucks had a total of 28,000 stores in 77 countries. Currently, there are 15,000 in 50 countries. This reduction didn't happen because Howard stepped down but because of the recent pandemic which hit the globe in 2020.
Cheers
Answer:
$24,000
Explanation:
Given that
Rent of the building per month = $1,000
On that date, the rent value= $36,000
So, the amount of prepaid expenses would be recognized in two ways
As a current asset
= Rent of the building per month × total number of months in a year
= $1,000 × 12 months
= $12,000
As a non-current asset, it would be
= Total rent - prepaid rent
= $36,000 - $12,000
= $24,000
Solution:
a.
N I/Y PV PMT FV
10 × 2 10 / 2 CPT
PV −1,000.00 100 / 2 1,000
10%/2=5% *1000= 50
n=20
i=5%
pmt 50
fv 1000
Answer: $1,000.00
b.
N I/Y PV PMT FV
5 × 2 10 / 2 CPT
PV −1,000.00 100 / 2 1,000
n=8
pmt 50
i 5%
fv 1000
Answer: $1,000.00
a.
Appendix D
Present value of interest payments:
PVA = A × PVIFA (5%, 20)
= $50 × 12.462
= $623.10
Appendix B
Present value of principal payment at maturity:
PV = FV × PVIF (5%, 20)
= $1,000 × .377
= $377.00
Bond price = $623.10 + 377.00
= $1,000.10
b.
Appendix D
Present value of interest payments:
PVA = A × PVIFA (5%, 10)
= $50 × 7.722
= $386.10
Appendix B
Present value of principal payment at maturity:
PV = FV × PVIF (5%, 10)
= $1,000 × .614
= $614.00
Bond price = $386.10 + 614.00
= $1,000.10
Answer:
The answer is: No, Charley is not maximizing his utility.
Explanation:
In order for Charley to maximize his utility he should be buying only additional soft drinks.
A soft drink has a marginal utility of $50 and it costs $3. For every dollar Charley spends on an additional soft drink his utility will be $16.67.
A pizza slice has a marginal utility of $30 and it costs of $2. So for every dollar Charley spends on an additional slice of pizza his utility will be $15.