Answer:
r = 5.35%
Explanation:
Given:
- n = 20
- PV = -$3,025,000 (the amount you should have if you receive a lump-sum today)
- PMT = $250,000
To find the rate of return that built into the annuity, we can use Excel with following information of the function:
=rate(nper, pmt, -PV)
<=> rate (20,250000, -3025000 )
<=> r = 5.35%
Hope it will find you well.
Answer:
A. The variable cost of production
Explanation:
An error term is a residual variable produced by a statistical or mathematical model, which is created when the model does not fully represent the actual relationship between the independent variables and the dependent variables. As a result of this incomplete relationship, the error term is the amount at which the equation may differ during empirical analysis.
The error term is also known as the residual, disturbance, or remainder term, and is variously represented in models by the letters e, ε, or u.
Answer:
A board of directors that act in the best interests of the shareholders to create long term value.
Explanation:
Sarbane oxley acts is a law law that was created to protect the interest of every shareholder . One of its requirement is a good composition of the board of directors considering their skills and independent requirement. It also emphasize the need for strong compliance with ethical standard in the interest of the shareholders.
Therefore , one of the key responsibilities of the board of directors is to act in the best interests of shareholders to create long term values. By so doing , managerial behavior will be monitored for compliance to ethical standard
