Answer:
C. a certified private accountant
Explanation:
A certified private accountant -
The person , who helps to provide an accounting service to a particular person with high net value , is referred to as a certified private accountant .
A private accountant , as the name suggests work for only one particular person , at a time , handling their accounts and financial records , is the task assigned to a certified private accountant .
Hence , from the question , Austin is a certified private accountant .
Answer:
c. $386.7 million
Explanation:
The enterprise value of the firm is the present value of its future free cash flows discounted at the weighted average cost of capital as well as the present value of free cash flow terminal value beyond year 3 as shown thus:
Year 1 FCF=$10 million
Year 2 FCF=$20 million
Year 3 FCF=$30 million
terminal value=Year 3 FCF*(1+terminal growth rate)/(WACC-terminal growth rate)
terminal growth rate=2%
WACC=9%
terminal value=$30*(1+2%)/(9%-2%)
terminal value=$437.14 million( $437.1 million is wrong as it is the terminal value, not the enterprise value)
present value of FCF=FCF/(1+WACC)^n
n is the year in which the free cash flow is expected, it is 1 for year 1 FCF, 2 for year 2 FCF , 3 for year 3 FCF as well as the terminal (the terminal value is also stated in year 3 terms)
enterprise value=$10/(1+9%)^1+$20/(1+9%)^2+$30/(1+9%)^3+$437.14 /(1+9%)^3
enterprise value= $386.7 milion
<span>If marginal utility of apples is diminishing and is a positive amount, consuming one more apple will cause </span>total utility increases as the marginal utility is still positive.
Answer:
Option A Increase
Option B Decrease
Option C Increase
Explanation:
If the price of the item increase then the affordability decreases and if the price of the item decreases then the affordability increases.
In the option A the affordability has increased because of increase in purchasing power which means now I can afford movies and books upto $150 so the affordability has increased by $50.
In the option B, the affordability decreased because the price of the item has increased.
In the option C, the affordability increases as the price of items are decreased. Now I can buy more books or movie tickets due to increased savings.