Answer:
Find attached question containing the cash flows under the purchasing option,note that the discount rate in the attached is 7.1% but the main question has 6.9%,hence I would make use of 6.9%
The present value of leasing option is lower,hence it is preferred.
Explanation:
The cash flows under the purchasing option is $39,200 now and $2000 each year for 5 years.
In determining the better of the two options we determine the present value of each option as follows:
leasing option=$10,100/(1+6.9%)^1+$10,100/(1+6.9%)^2+$10,100/(1+6.9%)^3+$10,100/(1+6.9%)^4+$10,100/(1+6.9%)^5=$ 41,523.11
Purchase option=$39,200+$2000/(1+6.9%)^1+$2000/(1+6.9%)^2+$2000/(1+6.9%)^3+$2000/(1+6.9%)^4+$2000/(1+6.9%)^5=$ 47,422.40
Answer:
do not necessarily provide a good measure of relative living standards.
Explanation:
Gross domestic product (GDP) can be regarded as total monetary/market value of finished goods/ services
that is been produced within a boarder of a country in a specific time period.
Per capita gross domestic product (GDP) can be regarded as metric used in breaking down the economic output per person of a country. This can be calculated by finding the division of the GDP of a country i.e using its population to divide the GDP.
It should be noted that Comparisons of per capita gross domestic product (GDP) between countries do not necessarily provide a good measure of relative living standards.
Answer:
lead users.
Explanation:
Remember products are made for customers, and when customers provide helpful feedback that leads to new products or applications of products it's even better.
Lead users provide a lead to product success. They are good at providing feedback for free, like what needs to added or removed etc.
It is important to note that most big companies rely on customer feedbacks for new product launches.
Answer:
Bonding rite
Explanation:
The picnic event organized by Russ's company is an example of a bonding rite. In other words, it is a team-building event. These events help a company establish trust between employees. They create an atmosphere where employees feel part of a team.
Bonding rites create new lines of communication in an organization. They strengthen ties between employees and keep them motivated in the workplace.
