Answer:
Future Value = $1,192,287.56
Explanation:
<em>The future value is the expected total sum that an investment is suppose to accumulate together with interest over a period of time at a particular interest rate.</em>
Where compounding is done done monthly, he future value is determined as follows:
FV = PV ×( (1+r)^n -1 )/ r
FV - Future Value , PV - present value r- monthly rate of interest , n- number of months
FV - ?
r- 8%/12 = 0.66%
n - 30× 12 =
PV - 800
FV = 800 × ( (1.00666)^(360) - 1 )/ 00666
= 800 × 1490.359449
= $1,192,287.56
Answer:
Purpose of business is to increase general well being of people by selling goods and services.
Explanation:
The main purpose of business is to increase well being of people, make profits for its stakeholders and offering value for money to its customers or clients through products and or services. The products and services provided by the company should not harm its customers and clients instead these products and services should provide benefits to its users and satisfy their needs. While making profits a company should keep scarce resources in mind so the needs of the future generation is not compromised also it does not harm the environment by its poisonous wastage. Every business requires some form of investment as an input though which quality output can be provided to its customers and clients.
Answer:
The correct answer is:
Government should either raise its <u>expenditures</u> or cut<u> taxes</u>. I believe the government spending multiplier is <u>greater</u> than the tax multiplier, so I favor <u>this policy</u>.
Explanation:
To begin with, an <em>"expansionary fiscal policy" </em>represents the tool that a government has in order to give response to a recessionary context in where the economy is falling down by decreasing its production. That is why, that in this type of policy the actions that are to be taken comprehends the reduction of taxes that the public sector collects from the private sector and also to increase the public expenditures that the government has with the purpose to estimulate the demand and offer of goods.
Answer:
Investment centre ROI
1 24.9%
II 32.0%
III 34.0%
Explanation:
<em>Return on Investment is the proportion of operating assets that an investment center earned as as net operating income.
</em>
It is calculated as follows
ROI = operating income/operating assets
Investment centre
I 1,267,000/5,068,000=24.9%
II 2,579,840/8,062,000=32.0%
III 4,137,800/12,170,000=34.0%
