The plan initiated by Sheng can be best categorized as a vision statement based on the plans he wants to implement in his business.
<h3>What is Vision Statement?</h3>
This refers to the statement which contains the goals and objectives of which an organization wants to achieve in a given time period.
With this in mind, we can see that Mr Sheng is making use of vision statement by the plans he is making on how to implement his business and also to hire a marketing team to establish his business.
Read more about vision statement here:
brainly.com/question/4269555
I’m not 100% sure but if I had to answer I would pick (A)
Answer:
it is b
Explanation:
because a net worth of a company will mot affect
Answer:
$84,121.21
Explanation:
For computing the value, first we have to determine the PMT which is shown below:
= Payment ÷ interest rate
= $6,400 ÷ 5.3%
= $120,754.7170
Now the value at year 7 would be
= PMT ÷ (1 + interest rate)^number of years
= $120,754.7170 ÷ (1 + 5.3%)^7
= $120,754.7170 ÷ 1.4354848003
= $84,121.21
So, the value at date is $84,121.21