Answer:
Total amount available in two years is $1,354,125.
Explanation:
The total amount available in two years can be calculated as follows:
Total amount in the deposit now = Current deposit + Amount planned to be deposited = $650,000 + $200,000 = $850,000
Future value of the total amount the deposit now = Total amount in the deposit now * (1 + Annual interest rate)^Number of years the deposit used = $850,000 + (1 + 15%)^2 = $1,124,125
Future value of next year's deposit = Next year's deposit * (1 + Annual interest rate)^Number of years the deposit used = $200,000 * (1 + 15%)^1 = $230,000
Total amount available in two years = Future value of the total amount the deposit now + Future value of next year's deposit = $1,124,125 + $230,000 = $1,354,125
Answer:
$1,331
Explanation:
With regards to the above information, we need to calculate first current assets.
Current assets = $848 in inventory + $668 in accounts receivable + $231 in cash
Current assets = $1,747
Therefore,
Current liabilities = Current assets - Net working capital
Current liabilities = $1,747 - $416
Current liabilities = $1,331
Late 20s to late 40s: This is almost the perfect time for would-be entrepreneurs, for many reasons: At this point in life, they know what they like, and what they don't like. They have obtained business and life skills. They have some assets and credit.
Answer:
134 books
Explanation:
The breakeven point is the number of units to be sold that will make the total sales equivalent with the total cost, such that the company neither makes a profit nor a loss.
Let the number of units sold to break even be c
5c = 1.25c + 500
5c - 1.25c = 500
3.75c = 500
c = 500/3.75
c = 133.33
≈ 134 books
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According to the trust-based relationship selling process framework, "discovering prospect's needs" is a part of the i</span>nitiating customer relationship as a component of the framework.
<span> The initiation of customer relation is involved in the CRM (Customer Relationship Management), an approach that includes the interaction with current and potential </span>customers<span>. </span>
