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3 years ago

Which is an example of an economic factor that affects the business environment

1 answer:

5 0

Here are a couple of things hope they help

1.) Interest rates
2.) Taxes Inflation
3.) Currency
4.) exchange rates
5.) Consumer discretionary income
6.) Savings rates
7.) Consumer confidence levels
8.) Unemployment rate
9.) Recession
10.) Depression

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Determine the future value if $5,000 is invested in each of the following situations: 7 percent for seven years

alukav5142 [94]

The answer is $8,030
Explanation:
Present Value (PV) = $5,000
Future Value(FV) = ?
Interest rate(r) = 7 percent
Number of years (N) = 7 years
The formula for future value is:
FV = PV(1+ r)^n
= $5,000(1+0.07)^7
$5,000(1.07)^7
$5,000 x 1.605781476
=$8,028.91
Approximately $8,030
Alternatively, we can use a Financial calculator:
N= 7; I/Y= 7, PV= -5,000 CPT FV= $8,028.91
Approximately $8,030

6 0

3 years ago

Walter is the manager of sales operations at Woode Industries. He has to define the sales goals for the forthcoming financial ye

Sloan [31]

Answer:

goals must be challenging, requiring hard work

Explanation:

Based on the information provided within the question it can be said that in this scenario the best guideline would be that the goals must be challenging, requiring hard work. Making the goals challenging would ensure that no one individual can do it by themselves, thus encouraging teamwork among the group, thus framing effective team goals.

6 0

3 years ago

Andrews Corporation uses the weighted-average method of process costing. The following information is available for February in

marissa [1.9K]

Answer:

The cost for conversion as per equivalent unit of production is $5.85

Explanation:

Formula for cost of conversion per equivalent unit of production =

Total cost / Equivalent units of production

Equivalent cost of production for conversion is given = 95,000 UNITS

CALCULATING TOTAL COST =

Cost of beginning work in progress + Cost incurred in February ( conversion )

= $36,000 + $ 520,000

= $556,000

Putting the values of total cost and equivalent units of conversion in formula-

= $ 556,000 / 95,000

= $5.85

4 0

3 years ago

Linda owns and runs her own firm. She also serves on the boards of several companies. Although she does not work for these compa

Vlad [161]

Answer:

<h2>The answer, in this case, would be true or option a) given in the answer choices.</h2>

Explanation:

In any business, an outside director is commonly identified as an individual who is officially not an employee or a shareholder of the company or business enterprise.
An outside director can board meetings, analyze essential business information and interact and share opinions with the shareholders regarding company decisions and operational modes.
The outside director is also eligible to receive certain financial benefits such a periodic annual fee and other stock/bond investment options.

6 0

3 years ago

Neighbors Bicycles needed more bicycle seats. It decided to order gel seats in addition to the traditional seats it had always o

Eva8 [605]

Answer:

The answer is: Modified rebuy

Explanation:

A modified rebuy happens when a company (or an individual consumer) will buy a product or service which it has already purchased in the past. But now the company wants to change either the supplier, the product's specifications (e.g. gel seats) or the terms of the sale.

7 0

3 years ago