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3 years ago

A rule of nature that tells you what will happen under certain conditions is a

Business

1 answer:

Naddik [55]3 years ago

5 0

I guess the correct answer is Scientific Law.

Scientific Law is rule of nature that tells you what will happen under certain conditions.

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How are school rules similar to state and federal laws? What would the typical American high school be like if there were no rul

Lemur [1.5K]

Unruly and highly unstructured.

3 0

4 years ago

John has just won the state lottery and has three award options from which to choose. He can elect to receive a lump sum payment

12345 [234]

Answer:

John should opt for the 30 annual end-of-the-year payments of $4 million as that gives the highest present of value of $49,636,164.73 as shown below.

Explanation:

The options are evaluated as follows:

Option 1 $46,000,0000 today

Option 2

The present of value of this option is calculated using the below formula:

Present value of annuity = ((1-(1/((1+i)^n))/i) X PMT

where i=rate=7%

n=10years

PMT=$7m

PV=((1-(1/((1+0.07)^10))/0.07) X 7000000

PV=$ 43,834,929.21

Option 3

The present value of this option using the formula in option 2 is:

PV=((1-(1/((1+0.07)^30))/0.07) X 4000000

PV=$49,636,164.73

Hence, the last option is preferable.

7 0

3 years ago

Greg, a supervisor, is known by his managers to be sharp in his decisions and has a good track record of meeting his goals. greg

professor190 [17]

The answer to this question is: Effective manager
in business, effectiveness refers to the ability for a person to make use of all resources that available to him/her in order to accomplish the goal.
This trait is considered as the most desired trait that most of the shareholders seek when they're choosing the leader for their company.

6 0

4 years ago

Les Stanley established an insurance agency on July 1, 20Y5, and completed the following transactions during July: Opened a busi

crimeas [40]

Answer:

A. Net Income = $22,790

B. Shareholders' equity balance is = $69,490

Explanation:

Requirement A:

Les Stanley

Income Statement

For the year ended, July 31, 2015

Revenues:

Fees Earned $28,500 (1)

Expenses:

Rent expenses $2,600 (3)

Automobile Expense $2,000 (4)

Office Salaries $4,200 (5)

Miscellaneous expense$ 800 (6)

Interest Expense $ 110 (7)

Total Expenses $5,710

Net Income $22,790

Note - 1: Fees earned = $28,500 (Journal 3)

2. Common stock = $50,500 (Journal 1)

3. Rent expense (Journal 4)

4. Automobile expense (Journal 5)

5. Office salaries (Journal 7)

6. Miscellaneous expense (Journal 6)

7. Interest on payable (Journal 8)

8. Dividends (Journal 10)

Requirement B:

Les Stanley

Statement of shareholders equity

For the year ended, July 31, 2015

Particulars Share R. E* Total

Balances, July 1, 2015 $0 0 $0

Add: Issued Capital $50,500 (2) 0 $50,500

Add: Net Income $0 $22,790 $22,790

Less: Dividends (8) $0 $(3,800) $(3,800)

Balances, July 31, 2015 $50,500 $18,990 $69,490

Therefore, shareholders' equity balance is = $69,490

5 0

3 years ago

The threat of direct competition tends to be high whenAnswers: there are few firms in an industry and these firms tend to be une

Natasha2012 [34]

Answer:

When firms are unable to differentiate their products

Explanation:

Direct competition is also known as perfect competition which occurs when two or more firms produce and sell the commodities that are not in anyway different. This makes the buyers not have preference for any of the product as the commodities are largely the same.

However, when firms can differentiate their products, they now more in perfect competition but now in indirect competition or monopolistically competitive market. Indirect competition therefore occurs when firms sell differentiated products which are not really the same because they are branded but these products can provide the same satisfaction to the need of the consumer.

Therefore, the threat of direct competition tends to be high when when firms are unable to differentiate their products.

I wish you the best.

7 0

3 years ago