Answer:
Explanation:
This is an annuity question. Use present value of annuity formula to solve this;
You can use a financial calculator to solve it. I'm using "Texas instrument BA II plus" calculator
<em>(Note: if using the same calculator as above ,enter the numbers first, then each respective function )</em>
N ; duration on investment = 20
I/Y; interest rate per year = 12%
PV; Present value = -2,000,000
FV; Future value = 0 (in annuities, use 0 if not given)
then CPT PMT = 267,757.56
Therefore, Stephanie will be able to withdraw $267,757.56
Answer:
The correct option is starting to make preliminary decisions about target market.
Explanation:
Ascertaining how the product marketing campaign for the first of product launch is one of the processes of a new product launch as the awareness of the new product must be brought to the attention of would-be customers.
Finalizing marketing mix variables such price,product,place and promotion is also a critical stage of the new product launch.
Determining the price at which the product should sell for is also included in the process of the new product launch,however price is determined with reference to the following points:
Cost of the product with an extra on top of it as mark-up
What customers can afford to pay
What competitors are charging
Corporate objectives
Answer:
True or false: All communication regarding matters affecting the functioning of internal control within an organization should be internal. False.
Answer:
The amount of the check is $5,292
Explanation:
The computation of the amount of the check is shown below:
= (Sales amount - return amount - Discount rate of adjusted sales)
= ($7,000 - $1,600 - 0.02 × $5,400
= $5,400 - $108
= $5,292
The adjusted sales equals to
= Sales amount - return amount
= $7,000 - $1,600
= $5,400
We assume that the Nash's trading company paid the amount within 8 days so that it can avails 2% discount
