Dupe's present age = 14 years
Olu's present age = 11 years
Explanation:
- Let Dupe's age be x. Let Olu's age be y. Since their ages add up to 25 years, x + y = 25
- Eight years ago Dupe's age was double that of Olu's age. Solving by simultaneous equations. Four methods are Elimination Method, Graphical Method, Substitution Method, and Matrix Method. Let us try out Elimination method for solving a pair of simultaneous linear equations that reduces one equation to one that has only a single variable. Once this has been done, the solution is the same as that for when one line was vertical or parallel.
- Therefore, eight years ago, Dupe's age was 6 and Olu's age was 3 so that x=2y becomes, 6=2*3. Eight years hence, x=6+8=14 and y=3+8=11. That makes, x or Dupe's age as 14 years and y or Olu's age as 11 years.
Answer:
the present vlaue of the ledased property = $251,298
Explanation:
the free market value in 10 years = ($27,500 x (1 + 2%)¹⁰) / 10% = $335,223
free cash flows year 1 - 9 = $24,000
free cash flow year 10 = $359,223
discoutn rate = 11.5%
using a financial calculator, the present value of the property = $251,298
Answer:discover where the company's product or brand is on these attributes in the minds of potential customers.
Explanation: The position of a product in the minds of Customers or consumers is a vital factor in determining the sales that can be generated from the product. The perception of potential customers is necessary,so a good marketer or business organisations must ensure that it works to improve upon the perception of its customers concerning it's products or services.
discovering where the company's product or brand is on these attributes in the minds of potential customers is one of the four steps required.
Answer:The law of supply and demand is a theory that explains the interaction between the sellers of a resource and the buyers for that resource. The theory defines what effect the relationship between the availability of a particular product and the desire (or demand) for that product has on its price.
Explanation:
The optimal capital structure can be realized if : Debt-equity ratio selected results in the lowest possible weighted average cost of capital.
- An optimal capital structure can be regarded as best mix of debt as well as equity financing which maximizes a company's market value.
- And as well minimizing its cost of capital, it can be realized when Debt-equity ratio that is been selected, gives the lowest possible weighted average cost of capital.
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