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Tcecarenko [31]
3 years ago
15

The amount of money deposited 25 years ago at 5% interest that would now provide a perpetual payment of $15,000 per year is clos

est to
Business
1 answer:
Mademuasel [1]3 years ago
6 0
The amount of money needed now to begin the perpetual payments is
P = A/I =15,000÷0.05=300,000

The amount that would need to have been deposited 25 years ago is
P=A÷(1+r)^t
P=300,000÷(1+0.05)^(25)
P=88,590.83
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Fritz Evans is the owner and operator of Be-The-One, a motivational consulting business.
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Answer:

2013 Equity: 298,000

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Explanation:

(A)

Assets = Liabilities + Equity

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298,000 =  Equity

(B)

if asset increase by 65,000

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(395,000 + 65,000)  = (97,000 + 36,000) + Equity

460,000 = 133,000 + Equity

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In the context of strategic thinking, which of the following is a difference between for-profit organizations and nonprofit orga
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Answer:

c.Unlike nonprofit organizations, for-profit organizations focus on gaining competitive advantage in the marketplace.

Explanation:

The nonprofit organization is that organizations whose aim to focus on the welfare of the society as a charity, donation, etc. It can provide services in educational, research, etc,

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Hence, option c is correct

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You are the owner of a Comfort Inn and would like to hire a new general manager. In terms of preventing possible agency problems
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<em>Profit sharing</em> has to be included to ensure trust and to also gain the new general manager's trust

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Many advertising organizations say that applying the term "unfair" to an advertisement is
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<em>Necessary to protect consumers from harmful products</em>

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