Answer:
a) we must first determine the effective interest rate
effective monthly interest rate = APR / 12 = 7.4% / 12 = 0.617%
monthly payment = present value x annuity factor
present value = $92,500
PV annuity factor, 0.617%, 60 periods = 50.024
monthly payment = $92,500 / 50.024 = $1,849.12
b) effective annual rate = (1 + 7.4%/12)¹² - 1 = 0.076562 = 7.66%
Answer: E. When newcomers can expect to earn attractive profits
Explanation:
The Threat of Entry refers to the threat that companies that are already in the market face from companies that are looking to enter the market.
If the market is so profitable that newcomers can expect to make attractive profits, a lot of companies will come into the market to make said profits which will increase the competition in the market.
The question is incomplete:
Beau works for a small pest-control company that has a total of five employees. From his point of view, the primary disadvantage of a small business is the:
-complicated management structure.
-risk of failure.
-limited ability to raise capital.
-personal relationship with his employer.
-limited potential for him to advance
Answer:
Limited ability to raise capital.
Explanation:
The answer is that from his point of view, the primary disadvantage of a small business is the limited ability to raise capital because small businesses tend to have few resources and a small participation in the market and these affect their ability to get capital and their growth potential.
The other options are not right because as small businesses have few employees, they have simple structures, the risk of failure can be high or low as in a bigger company and a personal relationship with his employer is not a disadvantage. Also, a small business can offer opportunities to advance.
Answer:
i think the answer is social norm.
Explanation:
none
