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maksim [4K]
3 years ago
5

You have recently found a location for your bakery and have begun implementing the first phases of your business plan. Your budg

et consists of an $80,000 loan from your family and a $38,250 small business loan. These loans must be repaid in full within 10 years. What integer would represent your total budget?
Business
2 answers:
kvasek [131]3 years ago
8 0

Answer:

$118250

Explanation:

You have $118250 at your disposal to spend; regardless of it being a loan or not.

Cheers

Nikolay [14]3 years ago
5 0

Answer:

$118,250

Explanation:

An integer is a fancy synonym for number, so we are asked to determine the total budget of this project = $80,000 + $38,250 = $118,250

When you are preparing a budget or evaluating a project, all that matters are cash flows. It doesn't matter if the you saved the money in a bank, your girlfriend lent it to you or your grandmother gave it as a gift, what matters is the total amount that you can invest in the business.

You might be interested in
You want to start your own consulting business and believe it could produce cash flows of $5,600, $48,200, and $125,000 at the e
Inessa05 [86]

Answer:

This business idea worth $430,127 today

Explanation:

Today value of the future cash flows can be calculated by discounting the cash flows on the given discount rate. It is called the present value and sum of present value of all cash flows is called Net present value.

We use following format to calculate NPV for the given business idea

Years                                     1                  2                  3

Cash Flows                      $5,600       $48,200      $125,000

Sale Proceeds                                                         $450,000

Net Cash Flows               $5,600       $48,200      $575,000

Discount Factor    14%    0.8772        0.7695        0.6750

Present values                 $4,912.32   $37,089.9    $388,125

Net present value of business idea = $4,912.32 + $37,089.9 + $388,125

NPV = 430,127.22

3 0
3 years ago
The ________, published by the Department of Labor, lists more than 20,000 job titles and descriptions and serves as a useful to
matrenka [14]

Answer:

Dictionary of Occupational Titles

Explanation:

The answer is the Dictionary of Occupational Titles because this is a document created by the United States Department of Labor in which it establishes a big amount of different jobs in many areas and what they involve to help employers and the government to be able to define them in their organizations.

6 0
3 years ago
Scenario 2: You’ve been eager to buy a new cell phone for months, and now you’re ready to make it happen. You use your credit ca
Fed [463]
It goes up because you are paying your payments therefore building credit by showing you are trustworthy..
5 0
3 years ago
Gerard Company reported sales of $300,000 for 201 0; $330,000 for 2011; and $360,000 for 2012. If the company uses 2010 as the b
nevsk [136]

Answer:

%variation 2011= 10%

%variation 2012= 20%

Explanation:

Giving the following information:

Gerard Company reported sales of $300,000 for 2010; $330,000 for 2011; and $360,000 for 2012.

The percentual variation is calculated by the following formula:

%variation(2010 year base)= [(sales 1 - sales 0)/sales 0]*100

%variation 2011= [(330,000 - 300,000)/300,000]*100= 10%

%variation 2012= [(360,000 - 300,000)/300,000]*100= 20%

5 0
3 years ago
BEG-5 Andrew and Emma Garfield invested $8,000 in a savings account paying 5% annual interest when their daughter, Angela, was b
ludmilkaskok [199]

Answer:

$47,385.34

Explanation:

In this question, we use the future value formula which is shown in the spreadsheet.  

The NPER represents the time period.

Given that,  

Present value = $8,000

Rate of interest = 5%

NPER = 18 years

PMT = $1,000

The formula is shown below:

= -FV(Rate;NPER;PMT;PV;type)

So, after solving this, the answer would be $47,385.34

3 0
3 years ago
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