Answer:
Project X has both a higher present and a higher future value than Project Y.
Explanation:
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Answer:
D.
Explanation:
The Federal Reserve achieve these goals by Raising and lowering short term interest rates. This monetary policy stimulates the economy. Taxation and government spending are also done in form of fiscal policies. Minimum wage is tool used raise the standard of living in USA. hence the correct answer to the question is D) Raising and lowering short-term interest rates
Answer:
It is a better deal to keep the old equipment
Explanation:
![\left[\begin{array}{cccc}&New&Old&Differential\\$leasing cost&0&-23,000&23,000\\$operarting cost&-26,000&-12,500&-13,500\\$operating income&-26,000&-35,500&9,500\\$tax shield&4,200&0&4,200\\$Result&-21,800&-35,500&13,700\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7D%26New%26Old%26Differential%5C%5C%24leasing%20cost%260%26-23%2C000%2623%2C000%5C%5C%24operarting%20cost%26-26%2C000%26-12%2C500%26-13%2C500%5C%5C%24operating%20income%26-26%2C000%26-35%2C500%269%2C500%5C%5C%24tax%20shield%264%2C200%260%264%2C200%5C%5C%24Result%26-21%2C800%26-35%2C500%2613%2C700%5C%5C%5Cend%7Barray%7D%5Cright%5D)
each year the new equipment generates a 13,700 adidtional cash outflow
We should check if the cost saving per year at 8% will have a present value lower than the proceed from the sale:
C 13,700.00
time 5
rate 0.08
PV $59,076.1377
As the differential cost exceeds the amount of proceed we would get if the old equipment is sold we already conclude we should keep it
Answer:
The answer is fall and rise
Explanation:
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Answer:
Convenience checks: consumers use these to reduce their available credit in exchange for cash.
Installment loan: consumers make recurring fixed payments.
Introductory interest free: consumers can enjoy a set period of zero interest credit.
Revolving credit: consumers borrow an amount that they don’t have to pay off by a specific date.
Explanation:
In Business, credit can be defined as money or a loan facility agreed upon by a lender and a borrower, who is obligated to repay the lender at a specified date mostly with interest depending on the terms and conditions.
Credit generally decreases assets or increases liabilities and equity on the balance sheet of an organization.
