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arlik [135]
3 years ago
14

Your company will generate $67,000 in annual revenue each year for the next seven years from a new information database. if the

appropriate interest rate is 8.75 percent, what is the present value of the savings?
Business
1 answer:
zimovet [89]3 years ago
4 0

Answer:

Present Value= $340,055.22

Explanation:

Giving the following information:

Cash flow= 67,000

Number of years= 7

Interest rate= 8.75 percent

To calculate the present value, first, we need to calculate the final value using the following formula:

FV= {A*[(1+i)^n-1]}/i

A= cash flow

FV= {67,000* [(1.0875^7)-1]} / 9.0875

FV= $611,722.28

Now, we can calculate the present value:

PV= FV/ (1+i)^n

PV= 611,722.28 / (1.0875^7)

PV= $340,055.22

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A) Be flexible and adjust to different situations

This should be the answer as she needs to be flexible and adjust to different situations in situations that she does not expect. She prepared for the interview but the hiring manager is not asking any of the questions she practiced which means that she has to be more flexible and answer the rest of the questions in the interview as best as possible by adjusting to the situation.

7 0
3 years ago
Firms in every market structure: make long-run economic profits. are in competition with many other firms. leave the market as s
aliya0001 [1]

Answer:

b. False

Explanation:

Firms are not in competition with many other firms in every market structure. Some market structures such as monopolies or oligopolies feature either one single firm, or only a few firms, that frequently collude instead of competing.

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4 0
3 years ago
On September 1, 2015, Select Company borrowed $600,000 from a bank and signed a 12%, six-month note payable, with interest on th
notsponge [240]

Answer:

B. $624,000

Explanation:

Calculation to determine The total amount of the current liability (including interest payable) for this loan that appears in Select Company's balance sheet at December 31, 2015

Current liability=$600,000 + ($600,000 *12% *4/12)

Current liability=$600,000 + $24,000

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(September 1 2015 to December 31 2015=4 months)

Therefore The total amount of the current liability (including interest payable) for this loan that appears in Select Company's balance sheet at December 31, 2015 is $624,000

7 0
3 years ago
If a new firm was launched to help businesses comply with the affordable care act, that opportunity was created by ________.
vekshin1
That opportunity was created by political actions and regulatory changes, government subsidiaries. An opportunity is a favorable set of circumstances that creates need for a new product service or idea. An opportunity should have essential qualities such as attractive, timely durable and anchored in a product, service or business that adds value for its buyer or end user.
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Kenyon Co. uses the perpetual inventory method. Kenyon purchased 400 units of inventory that cost $6.00 each. At a later date th
olga nikolaevna [1]

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$6 × 400 = $2,400

$8 × 400 = $3200

=$5,600

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3 years ago
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