Congrats for getting a man !
Answer:
c.
Explanation:
the product is a "me-too" and contains no new technology or points of difference
Price skimming is a pricing strategy in which a marketer sets a relatively high initial price for a product or service at first, then lowers the price over time
True because both are learning something from each position they exchanged on
Answer:
The statement of cash flows is one of the most important financial statements of a company, since a company might be very profitable but if it doesn't have enough cash to function, then it will go bankrupt. This is normally more important when things are not going well, e.g. Ford didn't go bankrupt during the great recession because it had lots of cash, while GM and Chrysler ran out of cash and had to be bailed out.
Companies can survive without making any profits during many years and still be a success, e.g. Amazon, but no company can survive without cash. In finance and investing, cash is king.
The two ways to calculate cash flows are the direct and indirect method. The direct method is calculating through the differences between cash inflows and outflows. On the other hand, the indirect method starts with net income and is then adjusted for depreciation and amortization, increase in accounts receivables, etc.
Personally, I prefer the indirect method because it is much more simple to prepare and understand. Folks at FASB and IASB prefer the direct method because according to them it provides a clearer picture of the company's cash outflows and inflows. It sounds reasonable until you learn that companies that present the cash flows using the direct method must also present them using the indirect method. Or the companies can simply present the indirect method. So I'm not really sure that their argument is very solid.
Answer:
each payment will for 4,320.60 dollars
Explanation:
First, we will calculate the future value of the 30,000 two years from now
then we calcaualtethe annuity present value of this to know the student payment
timeline:
<---//----/-/-/-/-/-/-/-/-/-/-/->
loan student payments
the loan futre value will be:
30,000 x 1.06^{2} = 33708
Now we calculate an annuity-due which 10 payment being made at 6% discount rate
This will be an annuity-due because today we are receiving the loan and in excatly 2 years form now we will start the payment so it will be at the beginning of the period
Annuity-due formula
PV $33,708.00
time 10 years
rate 0.06 discount rate
PTM = $ 4,320.601
