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KengaRu [80]
3 years ago
13

Byron took a business trip from Philadelphia to Rome. He was away 16 days of which he spent 9 days on business (including two tr

avel days) and 7 days vacationing. His expenses are as follows:AIRFARE 1,100
LODGING (16 DAYS X 140) 2,240
MEALS (16 DAYS X 115) 1,840
BYRON’S TOTAL TRAVEL ( INCLUDING MEALS AND LODGING) EXPENSE DEDUCTION ROUNDED TO THE NEAREST DOLLAR IS:
A-2,396
B-2,878
C-3,395
D-5,180
Business
1 answer:
snow_tiger [21]3 years ago
8 0

Answer:

C-3,395

Explanation:

Since the main purpose of the travel was business (9 days of business against 7 days vacationing), Byron may deduct the expenses related to airfare, as well as 9 days of lodging ($140 per day) and meals ($115 per day) fees. His total expense deduction is:

E = 1,100+9*(140+115)\\E=3,395

The answer is alternative C-3,395 .

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What is the percentage change in the PV of $100 due in 1 year when the interest rate changes from 5% to 10%?
son4ous [18]

Answer:

c. Decreases by 4.5%

Explanation:

Calculation for What is the percentage change in the PV

First step is to calculate the present value when r is 5%

PV = 100 / (1 + 5%)^1

PV = $95.24

Second step is to calculate present value when r is 10%

PV = 100 / (1 + 10%)^1

PV = $ 90.91

Last step is to calculate the percentage change in the PV

Percentage change in the PV = (90.91 - 95.24) * 100 / 95.24

Percentage change in the PV = - 4.55% (Decrease)

Therefore the Percentage change in the PV Decreases by 4.5%

3 0
2 years ago
Shout Magazine focuses its marketing efforts on reaching teen-aged girls interested in fashion and celebrity culture. The firm b
Lelechka [254]

Considering the situation described above, Shout utilizes the strategy of <u>Concentrated Marketing.</u>

<u>Concentrated Marketing</u> is a type of Marketing strategy whereby firms or companies direct all endeavors and resources to develop and market a product for a particular target group segment.

Thus, when Shout Magazine focuses its marketing efforts on reaching teenaged girls interested in fashion and celebrity culture, this is a form of <u>Concentrated Marketing.</u>

Concentrated Marketing is often referred to as Niche Marketing, and it is considered more effective in small businesses.

Hence, in this case, it is concluded that the correct answer is "<u>Concentrated Marketing."</u>

Learn more here: brainly.com/question/15418516

4 0
2 years ago
Janes, Inc., is considering the purchase of a machine that would cost $410,000 and would last for 5 years, at the end of which,
ki77a [65]

Answer:

- $33,678.21

Explanation:

Cash flow Summary of the Project will be as follows

Year 0 = $410,000 + $3,000 = - $413,000

Year 1 = $101,000

Year 2 = $101,000

Year 3 = $101,000

Year 4 = $101,000

Year 5 = $101,000 + $41,000 + 3,000 =  $145,000

So the Net Present Value can now be calculated using the CFj function of a Financial calculator as follows :

- $413,000 CF 0

  $101,000 CF 1

  $101,000 CF 2

  $101,000 CF 3

  $101,000 CF 4

 $145,000 CF 5

i/yr = 13%

Shift NPV = - $33,678.21

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What is not an advantage of finding a career that involves your interests?
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It is between B and C
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the percentage of totoal workers who are out of work but seeking jobs and willing to work is known as the ___ rate?
liubo4ka [24]

Answer:

the unemployment rate

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