<span>There is a popular rule
called the rule of 72 where in you will divide 72 by the interest rate of your
investment to know the length of time the value of your money will double. In here, 72 divided by 11 is 6.55 years. Your
$17,000 will be $34,000 after approximately 6.55 years.</span>
Answer:
Inelastic
Explanation:
In the given question,the cost to produce the toothpaste has increased, which led to the increase in the price of the toothpaste significantly. But there is no change in the demand of the toothpaste.
Hence, this product is inelastic.
In the inelastic demand, the demand of the product does not change with any variation in the price of the product.
Answer: (A) Vision
Explanation:
According to the given scenario, the Xavi is basically demonstrating about the vision about their new startup EnerMob Inc., company in which he planning to promote the concept of cell phone batteries which is typically charged by the solar panel.
Xavi is basically developed the proper vision of his company so that it helps in achieving his main objective for selling the new cell phone batteries products in the market and by using the promoting strategy we influence the customers.
The vision is the term which is used to define the main objective and goal of an organization so that by proper planning we can easily achieve the desirable goals.
Therefore, Option (A) is correct answer.
Answer:
Value of firm today = $2,000,000
Explanation:
Provided details are,
Future Cash Flow = $100,000
Expected growth rate = 6.5%
Weighted average cost of capital = 11.5%
Firm's total corporate value = 
= 
= 
= $2,000,000
Thus, value of firm today with the details provided = $2,000,000
