1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
mrs_skeptik [129]
3 years ago
10

A perpetuity of $6,000 per year beginning one year from today is said to offer a 15% interest rate. What is its present value? g

Business
1 answer:
N76 [4]3 years ago
3 0

Answer:

PV= $40,000

Explanation:

Giving the following information:

Perpetuity of $6,000 per year beginning one year from today is said to offer a 15% interest rate.

To calculate the present value, we need to use the following formula:

PV= Cf/i

Cf= cash flow

i= interest rate

PV= 6,000/0.15

PV= $40,000

You might be interested in
Two important trends in the labor force participation rates of adults aged 20 and over in the United States since 1948 are the​
ankoles [38]

Answer: D) rising;falling

Explanation:

Two important trends in the labor force participation rates of adults aged 20 and over in the United States since 1948 are the​ rising labor force participation rate of adult women and the​ falling labor force participation rate of adult men.

3 0
3 years ago
The goal of strategy is to find a(n) ________ that is so well suited to the firm's competitive advantages that other organizatio
kolbaska11 [484]

Answer:

The correct answer is letter "C": propitious niche.

Explanation:

Companies develop strategies to set the steps necessary to accomplish an objective. One of those steps involves finding the firm's propitious niche which is no more than its target market. It determines what the company should do based on the best competitive advantage the firm will have in that market that will differentiate the company from competitors and will help the firm to establish in the market.

8 0
3 years ago
Read 2 more answers
The company budgeted for production of 2,400 units in June, but actual production was 2,500 units. The company used 19,850 pound
horsena [70]

Answer:

d. $40 F

Explanation:

Calculation to determine what The variable overhead efficiency variance for June is

First step is to calculate the SH

SH = 2,500 units × 0.4 hour per unit

SH= 1,000 hours

Now let calculate the Variable overhead efficiency variance

Using this formula

Variable overhead efficiency variance = (AH - SH) × SR

Let plug in the formula

Variable overhead efficiency variance= (980 hours - 1,000 hours) × $2 per hour= (-20 hours) × $2 per hour

Variable overhead efficiency variance= $40 F

Therefore Variable overhead efficiency variance is $40 F

8 0
3 years ago
A marketing professor in Ithaca, New York, maintains a museum of failed consumer products. Most new products in this museum fail
Nesterboy [21]

Answer:

test marketing

Explanation:

Test marketing is an experimental test of a product in a real life market. Buyers are studied in live shops or market without them knowing. It is conducted on a small scale to see the effectiveness of a marketing strategy.

When the products do not perform well at the test marketing phase it is assumed it will not also perform well in the real market, so they are termed failed products.

The marketing manager in Ithaca maintains a museum of failed consumer products from the test marketing stage.

4 0
4 years ago
Mary's a marketing manager for a nationwide restaurant chain. She's considering which channel she should use to advertise her re
Vilka [71]

Answer:

Television

Explanation:

By doing the promotion in a television could be beneficial for the company as most of the audience are habitual to see the television and ofcourse many of them could aware of the company product by seeing the attractive schemes that ultimately benefit to the company and the customers

So in order to upgrade the menu, Mary used traditional channels and to reach to a broad audience, the television is one of the most traditional channel used

8 0
3 years ago
Other questions:
  • Consider the case of Demed Inc.: Demed Inc. has 9% annual coupon bonds that are callable and have 18 years left until maturity.
    15·1 answer
  • The government imposes a $2.50 per-unit tax on the production of good x. as a result the
    13·1 answer
  • Based on the following information for Montana​ Investments, Inc., compute the rate of return on total assets.​ (Round the perce
    10·1 answer
  • Larry estimates that the costs of insurance, license, and depreciation to operate his car total $320 per month and that the gas,
    13·1 answer
  • Van Frank Telecommunications has a patent on a cellular transmission process. The company has amortized the $18.90 million cost
    5·1 answer
  • Suppose executives at an art museum know that 100 adults are willing to pay $12 for admission to the museum on a weekday. Suppos
    9·1 answer
  • Whole Foods differentiates its grocery stores from traditional stores by offering organic, natural, and locally sourced products
    12·1 answer
  • Prepare adjusting entries for the following transactions.
    6·1 answer
  • On December 31, 2019, Hamilton Inc. sold a used industrial crane for $1,000,000 cash. The original cost of the crane was $5.22 m
    15·1 answer
  • What advice or tips does Lauren Haugen have for people who are learning to manage their finances?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!