Answer:
Both
Explanation:
Interior design business combines both elements of service and product business. A majority of businesses in the interior design sector will offer their clients consulting services and also sell furniture and other products required to achieve the intended look. Almost all the store that sells decor and other interior designs product will offer consultation services on interior design.
The interior design business is more of a practice than a theory sector. Customers want to see, feel, and experience the final product before they can commit. Most start-ups will begin by providing consulting services only. As they grow, they set up a showroom where they exhibit and sell interior design products.
Answer:
The aggregate return for the last year is 11.61%
Explanation:
The return on any asset is the increase in price, in addition to any dividends or the cash flows, which is divided by the initial price. Since, the preferred stock is assumed to have a $100 par value of, the dividend amounts to $6.60, therefore, the return for the year would be:
Return (R) = (Market Price - Stock Price + Dividend) / Stock Price
R = ($102.42 - $97.68 + $6.60) / $97.68
R = .1161, or 11.61%
Answer:
$25,650
Explanation:
The formula for calculating the future value of an annuity is:
F = P x ([1 + I]^N - 1 ) / I
where:
- P = payment amount = $1,000
- I = interest rate = 4%
- N = number of payments = 18
F = $1,000 x ([1 + 4%]^18 - 1 ) / 4% = $1,000 x (1.04^18 - 1 ) / 4% = $1,000 x (2.026 - 1 ) / 4% = $1,000 x 1.026 / 4% = $25,650
A. right to engage in polygamy.
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