Answer:
Correct answer is (C) The price and output of plumbing services will rise
Explanation:
In a monopolistic market if the service or commodity is initially in long-run equilibrium, and then there is an increase in demand, then, there will increase in price in a short run as people demands more and the provider of the service or the producer of the goods will tend to provide or produce more.
The present value of the investment future value is $38,628.40
What is present value?
Present value is the today's worth of a future amount when discounted or expressed in today's dollar equivalence.
The present value of a single future cash flow can be determined using the present value formula below:
PV=FV/(1+r/365)^(N*365)
PV=present value=unknown
FV=future value=$95,000
r=discount rate=9%
N=number of years before the future amount is received=10
365 is an indication of number of years in a year since discounted is compounded daily.
PV=$95,000/(1+9%/365)^(10*365)
PV=$38,628.40
The present value can be further understood using the link below:
brainly.com/question/18490474
#SPJ1
The formula is: Assets = Liabilities + Shareholders' Equity. The three components of the basic accounting formula are: Assets. These are the tangible and intangible assets of a business, such as cash, accounts receivable, inventory, and fixed assets
Answer:
D
Explanation:
Liability means being responsible for something, usually by law, so liability insurance is when insurance protects you from charges from the other party's injuries and/or damage to their car in the case of an accident.
Answer:
14.06%
Explanation:
Assume their is a cash out flow today of $100000, and next four year annual cash inflow of 10000 and 120000 at the end of year 4.
We can use IRR formula to find the interest rate.
year cashflow
0 -100000
1 10000
2 10000
3 10000
4 130000
IRR 14.06%
The calculation has been done on excel sheet