Since this client is a valuable one, it will be Franklin's and his company's loss if the client withdraws the partnership with them. It is therefore best if Franklin would make a win-win out of the situation and do his best in doing the addiotnal task asked by the clients.
Answer:
The Price of Cocaine would rise drastically
Explanation:
If U.S Drugs Enforcement Agency impose higher restrictions in an effort to control illegal import of cocaine into the United States, this would directly impact the market for illegal drugs in the following ways:
- Since more restrictions get imposed, the procurement cost of cocaine alongside the risk associated with it in the form of higher penalties and prosecution, both will rise.
- The supply of cocaine would shrink in the market.
- The above two outcomes would result into the procurers and peddlers demanding much greater price for the same quantity of cocaine so as to compensate for the higher risk assumed and higher procurement costs associated.
Thus, price of cocaine will rise drastically as an outcome of such a move.
The rate of return would David need to break even if he took the lump sum amount instead of the annuity is 5.56%.
<h3>Rate of return to break even</h3>
First step is to calculate the rate for the period of 25 years
Rate= Single lump sum/Dollar amount received×100
Rate=$10 million/$750,000×100
Rate= 13.33%
Second step
Using annuity date to find the rate of return needed to break even. Based on the Annuity table 13.33% for the time period of 25 years is 5.56%.
Therefore the rate of return would David need to break even if he took the lump sum amount instead of the annuity is 5.56%.
Learn more about rate of return here:brainly.com/question/13275966
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Answer:
the answer would be d. I got it right on Plato
Answer:
C) $31 because both the fee from the customer and the Blue Man Group producer are earned
Explanation:
Given that
Ticketmaster charges each customer a fee for $9 per ticket
Received per ticket from the producer $22
Average ticket price for the event is $105
By considering the above information, the revenue recognized
= Fee charges per ticket + received per ticket
= $9 + $22
= $31
The average ticket price is irrelevant. Hence, ignored it