Every point on budget line graph represents each number of possible unit that can be purchased with a given income.
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What is a budget line graph?</h3>
Budget line graph shows series of combinations of two products that can be consumed by an individual at a given price and income.
- Budget line is said to be a constraint line graph because an individual cannot go beyond the limits of consumption.
- Each unit of goods is indicated on the graph using with a dot and only the combination of the two goods that falls within budget can be purchased.
Therefore, every point on budget line graph represents each number of possible unit that can be purchased with a given income.
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Answer: D. a series of consecutive payments of equal amounts.
Explanation:
An annuity is a financial commodity that provides a fixed amount of payments, paid in equal periods, such as deposits made into savings accounts, monthly home mortgage payments, and monthly insurance payments.
Annuities are meant to be a safe way to secure a steady capital flow during people´s retirement years, as well as to avoid outliving their assets.
Communications gap.<span>social expectations gap.</span>
Answer and Explanation:
As per the data given in the question,
($ million) ($ million)
Year Cash flows PVF at 8.2% Present value
0 -8.05 1 -8.05
1 5.08 0.9242 4.70
2 5.08 0.8542 4.34
3 5.08 0.7894 4.01
Net present value 4.99
Internal rate of return 0.40
Net present value = $4.99 million
The project should be accepted
Yes, The IRR rule is agree with NPV.
Please find the attachment for better understanding
Answer:
C. shared resources.
Explanation:
A partnership is a form of business ownership. Partners contribute funds and their expertise towards the success of their business. They are able to put together a large sum of capital than they would raise as individuals. A partnership is formed and managed through the combined efforts of the partners.
A sole proprietor is a one-person venture. The owner sources for the capital and makes all business decisions by themselves. Unlike in sole proprietorship, a partnership has the advantage of shared resources and responsibilities. Partners can brainstorm and share ideas on how to improve the performance of their business.
