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Natalija [7]
3 years ago
12

Sean McGowan renewed his membership at Bargain Barn. Shortly after renewing the card, Sean started receiving calls from collecti

on agencies claiming that he owed money. He quickly learned that another Sean McGowan also owned a Bargain Barn card and missed many payments. Bargain Barn had linked Sean’s personal information with the other Sean McGowan's personal information. Sean experienced
Business
1 answer:
34kurt3 years ago
8 0

Answer:

Identity theft

Explanation:

Identity theft is when a person steals another person's information like name and credit card information and uses it to commit a crime. For example, a person can use someone else's name and social security number to get a loan. According to this, Sean experienced identity theft because someone stole his information and got a credit card under his name.

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Which of the following currencies is not/are not a hard currency?* Euro O CHF RMB O CDS GBP Both b and c Both c and d​
cestrela7 [59]
Examples of some of the most prominent hard currencies are listed below: The U.S. dollar (USD) The euro (EUR) ... The Australian dollar (AUD)
6 0
3 years ago
A store has 5 years remaining on its lease in a mall. Rent is $1, 900 per month, 60 payments remain, and the next payment is due
photoshop1234 [79]

Answer:

a) No, since the present value of new lease is more than old.

b) Detailed information about the explanation is shown below

c) At 39.80%  nominal WACC

Explanation:

a

           PV of old and new lease terms

            Old              Cash Flow                New              Cash Flow

             0                  0                               0                    0                    

           1-9               - 1900                         1-9                   0                    

       10-60              - 1900                         10-60              2700

           NPER              60                          NPER                60

           rate                  1%                          rate                   1%

           PV             ($85,414.57)                PV                   ($98,250.36)

                            PV ( 1%, 60, 1900)                 PV ( 1%,9,- PV(1%,51, 2700))

Should the new lease be accepted? <u> No, since the present value of new lease is more than old.</u>

b)   If the store owner decided to bargain with the mall's owner over the new lease payment, what new lease payment would make the store owner indifferent between the new and the old leases?

For this part pv of old lease should be equal to pv of new lease at t = 9

                85414.57 × (1.01)⁹                             93416.657

                Nper                                                  51

                Rate                                                   1%

                New lease amount                           ( $2,347.26)

                                                                           PMT (1%, 51,93416.66)

c)

        Period      Old Lease       New Lease      Change in lease

          0                  0                    0                     0  

         1-9            -1900                 0                    -1900  

        10-60        -1900                  -2700             800

        -1900    

        -1900    

        -1900    

        -1900    

        -1900    

        -1900    

        -1900    

        -1900    

        -1900    

        800    

        800    

        800    

        800    

        800    

        800    

        800    

        800    

        800    

        800    

        800    

        800    

        800    

        800    

        800    

        800    

        800    

        800    

        800    

        800    

        800    

        800    

        800    

        800    

        800    

        800    

        800    

        800    

        800    

        800    

        800    

        800  

        800    

        800    

        800    

        800    

        800    

        800    

        800    

        800    

        800    

        800    

        800    

        800    

        800    

        800    

        800    

        800    

        800    

        800

        3.317%                  x 12   =   39.80%

IRR(Values 1:60)

The store owner is not sure of the 12% WACC - it could be higher or lower. At what nominal WACC would the store owner be indifferent between the two leases?

At 39.80%  nominal WACC

4 0
3 years ago
Which statement best defines a grant? A grant is an educational plan in which students alternate between studying for school and
damaskus [11]

Answer:

The correct answer would be option C, A Grant is money given by an organization for a specific purpose.

Explanation:

A grant is basically the amount of money which a Government or any other institution gives to someone or some organization or institution to serve a specific purpose. Grants are usually given for Educational purposes, Business Growth purpose, or to serve the under privileged people. Grants are not loans. Loans are required to be paid back but grants are not required to be given back to the lender. Grants are given to encourage growth and help people in raising from the bottoms.

3 0
3 years ago
Find the present value of the following stream of cash flows assuming that the firms opportuiny costs is 9 percent. 1-5 years 10
Yanka [14]

Answer:

   ∑( Cash flow × PVF) = 79,347

Explanation:

Given:

Opportunity cost = 9%

Cash flow for 1-5 years = 10,000

Cash flow for 6-10 years = 16,000

Now,

Present value factor (PVF) = \frac{\textup{1}}{\textup{(1 + 0.09)^n}}

here, n is the year

For year 1 to  5

Year             Cash flow             PVF             Cash flow × PVF

1                     10000             0.9174             9174

2                     10000             0.8417             8417

3                      10000             0.7722             7722

4                      10000             0.7084             7084

5                      10000             0.6499             6499

for years 6 to 10

Year             Cash flow             PVF             Cash flow × PVF

6                      16000              0.5963             9540.8

7                      16000              0.547             8752

8                      16000              0.5019             8030.4

9                      16000             0.4604             7366.4

10                      16000             0.4224             6758.4

========================================================

                                          ∑( Cash flow × PVF) = 79,347

========================================================

taking the PVF to 5 decimal places will make 79,347 ≈ 79,348

8 0
3 years ago
Many economists propose finding ways to include the harmful environmental and health costs of producing and using goods and serv
Stella [2.4K]

Answer:

correct answer is full cost pricing

Explanation:

this practice called as full cost pricing

because full cost pricing is that when the price of any product is calculate by an organization on the base of per unit direct cost of output and we add there markup for cover the overhead cost and profit

so here Full cost pricing also including harmful environmental effect and the health cost of the goods and services in  market price

so correct answer is full cost pricing

8 0
3 years ago
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