I believe that it depends on the individuals skills if they match up well enough to the qualities of starting a business and they must know the risk they are taking with a new business so in most cases I think people should continue to look for employment
Answer:
The answer is: Detroit $196.87
Explanation:
We first must add the cost of visiting the five cities:
Detroit $196.87
Pittsburgh $180.32
St. Paul $102.87
Cincinnati $155.81
<u>Richmond $211.86 </u>
Total cost $847.73
Then we find what is the difference between the total cost and the road trip budget: $847.73 - $652 = $195.73
The cheapest city that Richard can drop is Detroit, by doing so his total expenses will be $650.86, which is below his budget.
Answer: $86,235
Explanation:
Use Excel or a financial calculator to calculate the bond price.
As the interest is payable semiannually, the relevant variables are:
Coupon = 10% * 100,000 * 1/2 years = $5,000
Yield = 12% / 2 = 6%
Number of periods = 15 years * 2 = 30 semi annual periods
Bond price = $86,235
A larger company can benefit from <em>economies of scale</em>, meaning they can get discounts by purchasing and producing in bulk which a smaller company wouldn't have the ability to do. A larger store also has the potential for higher revenue because they have more goods and services to sell.
Answer:
A purchase means to take possession of a given asset, property, item or right by paying a predetermined amount of money for the transaction to be completed successfully. In other words, its' an exchange of money for a particular good or service.