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Evgen [1.6K]
3 years ago
5

Ayden is the sole proprietor of a shoe repair shop in Atlanta. His business has been increasing for five years and he is now con

sidering opening a second repair shop downtown. Ayden is putting together a plan, estimating costs, projecting potential revenue of a second shop. Ayden is behaving rationally because:
Business
1 answer:
andrew-mc [135]3 years ago
7 0

Answer:

His conclusion is based on his own soul-interest.

Explanation:

In the following situation, Ayden is a sole Proprietor he has no team or management system to discuss the idea of opening a new shop, Ayden has to decide about his all expenses, revenues, sources of finance and decision cost from his knowledge and experience.

  • Ayden is behaving rationally because he is fully liable for his decisions.
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If inflation is increasing at 2.4 percent per year, and your salary increases at the same rate, how long will it take your salar
Oksana_A [137]

Answer:

it take 29.23 years, my salary to double.

Explanation:

To make the salary double I have to increase the value of salary by 100%. If inflation rate is 2.4 percent per year and salary increase the same rate the time period to make it double can be calculated as follow.

As every year 2.4% has compounding effect, so we will use compounding formula to solve this problem.

Target value = Existing value ( 1 + growth rate )^time period

200% = 100% ( 1 + 2.4% )^n

2 = 1 ( 1 + 0.024 )^n

2 = 1 ( 1.024 )^n

2 = 1.024^n

Taking log on both sides to solve the n

Log 2 = n Log 1.024

n = Log 2 / Log 1.024

n = 29.23 years

I will take 29.23 year to double the salary

5 0
3 years ago
You have a client, Henry, who does much of his business overseas, and his assistant, sister Avery, often drops off checks at the
ss7ja [257]

It is not permissible to sign the documents on the behalf of the other person.

<h3>What is Business Overseas?</h3>

Business Overseas refers to the business with is outside the country often referred as the International Business. It involves the exchange of the goods and services outside the country.

According to the above scenario, Henry has the international business forgets to sign the critical documents in his absence to the particular place he offers his assistant to sign the papers which is not permissible for him to do so.

Learn more about overseas here:

brainly.com/question/15056320

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5 0
1 year ago
A bank charges a fee called a(n) ______ charge for handling many checking accounts.
Mashutka [201]

Answer:

The correct answer to the following question will be "Service charges".

Explanation:

Financial service charge cost seems to be the description of such an account where all amounts paid by that of the company to such an agency's checking accounts are kept.

  • Defining a service charge seems to be an extra service payment or fee that is in addition to the standard payment.
  • An illustration of such a service cost is PayPal offering a cost for an individual utilizing their service to transfer money to the other.
3 0
3 years ago
Many vendors will provide a discount on supplies when they are ordered in ________.
elena55 [62]
Bundles I'm about 95% sure his is right
4 0
3 years ago
By tying a manager's compensation to the performance of the firm relative to that of its competitors, corporate stockholders and
tensa zangetsu [6.8K]

Answer:

The correct answer is letter "A": principal-agent problem.

Explanation:

The principal-agent problem arises when a principal employs an agent to perform duties that conflict with the agent's best interests. The problem typically occurs when the principal provides the agent with incentives that act in the principal's interest but is for the agent a conflictive agenda. In the managerial world, the principal-agent problem usually occurs between stockholders and the CEO (Chief Executive Officer).

4 0
3 years ago
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