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3 years ago

True/ false. Initiative means acting only when asked to.

Business

2 answers:

grigory [225]3 years ago

5 0

False. It involves the ability to take charge of things or starting/doing things independently on ones own.

Nikolay [14]3 years ago

5 0

False, initiative means taking an opportunity before anyone. so basically without being asked to.

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Calculating Present Values. Suppose you are still committed to owning a $150,000 Ferrari (see Question 9). If you believe your m

luda_lava [24]

Answer:

All the options written are the steps involved in solving the problem. The formula that would be used is compounding formula because we have future value which is $150,000 and rate of return which is 10.25%. Furthermore, here n is 10 years time.

The formula is:

Future Value = Present Value * (1 + r)^n

$150,000 = Present Value * (1.1025)^10

$150,000 = Present Value * 2.6524

$150,000 / 2.6524 = Present Value

Present Value = $56553

So the amount that we should deposit in mutual funds today to buy Ferrari is $56553. The difference is due to rounding off.

3 0

2 years ago

A company issued 5%, 20-year bonds with a face amount of $60 million. The market yield for bonds of similar risk and maturity is

Lesechka [4]

Answer:

Total $53.0656 (millions)

Explanation:

We will need to add the present value of the coupon payment

and the present value of the maturity date

<u>present value of the annuity:</u>

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C= 60 million x 5% /2 1.5

time= 20 years 2 payment per year = 40

rate = 6% annual = 0.06/2 = 0.03 semiannually

$1.5 \times \frac{1-(1+0.03)^{-40} }{0.03} = PV\\$

PV $34.6722

<u>present value of the bonds:</u>

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 60

time 40

rate 0.03

$\frac{60}{(1 + 0.03)^{40} } = PV$

PV $18.3934

<u>The value of the bond will be the sum of both</u>

PV c $34.6722

PV m $18.3934

Total $53.0656

7 0

2 years ago

If the buyer also paid a 3% real estate agent commission, what was the total amount paid at closing? a. $2,499 b. $5,550 c. $6,4

nika2105 [10]

Based on the various costs paid at closing, the total amount that was paid was <u>d. $7,499.</u>

<h3>Commission paid to agent</h3>

= Cost of house x Commission

= 3% x 180,000

= $5,550

<h3>Total amount paid at closing</h3>

= Commission + Loan origination + Title insurance +Attorney fees + Appraisal cost + Recording fees

= 5,550 + 275 + 528 + 750 + 275 + 121

= $7,499

In conclusion, the total paid at closing is $7,499.

Find out more on closing costs at brainly.com/question/26133271.

5 0

2 years ago

On october 1, 2014, balkan, inc. accepted from another corporation a 1-year note receivable in the amount of $15,000, with an in

Naily [24]

<span>Balkan's assets will increase by Accounted receivable: $15,000 + Interest Receivable (0.06)$15000 = $15,900, at October 1st, 2014.</span>

4 0

3 years ago

_____ is added to refined grain products as part of the enrichment process.

zubka84 [21]

The correct answer that would best complete the given statement above would be IRON. Iron <span>is added to refined grain products as part of the enrichment process. Other options include magnesium, calcium and iodine. Enrichment process is when nutrients are being added to a food product. Hope this answer helps.</span>

6 0

3 years ago