Current profit maximization and target return are two strategies used by firms that are pursuing a profit pricing objective.
A profit-oriented pricing objective means that a company tried to earn maximum profit with every sale or service provided, and achieve long term business profits.
Current profit maximisation is a price setting objective in which organisation set a price for a product that will give maximum profits, cash flow or return in short term without considering long term.
Target return pricing is a method where the firm determines the price on the basis of a target rate of return on the investment.
The two strategies that a firm use while pursuing a profit pricing objective is current profit maximization and target return pricing.
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The type of syllogism being used in the given sentence is a conditional syllogism.
<h3>What is Syllogism?</h3>
This refers to the use of reasoning in order to draw conclusions about something based on two premises.
Hence, we can see that conditional syllogism was used in the given premises and this is because it made use of either-or to show that if the sidewalk was wet, then that means that it must have rained.
This reasoning is faulty because there are different possible reasons for the sidewalk to be wet and not just rainfall.
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A. For knowing today's value of the bequest we need to know the period of time.
When the first payment occure and how many payments were made.
b. Immediate value of bequest is $3,000 After one year it needto be 1.16*3,000=$3,480 Plus the second payment will be 1.04*3,000=$3,120
