The Future value is $9523.42. Future value is the amount of money that, when invested now at an interest rate, will eventually grow to be.
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What is the Future Value of Money?</h3>
Future value is the amount of money that, when invested now at an interest rate, will eventually grow to be.
Calculation of Future value
Present Value = $7,000 interest rate = 8% Time = 4 years
FV = Future Value PV = Present Value
FV=PV(1+i)ⁿ
FV= 7,000(1+0.8)⁴= $9,523.42
Thus, the Future Value of $7,000 for four years is $9523.42.
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Answer:
False
Explanation:
Internal search is when a consumer search for the alternatives from the prior knowledge or memory about the category of service or the product.
Internal search is usually done when the low involvements are to be considered.
External search is when a consumer search for the alternatives from the friends or specialized sources like reports or available analytics or from the
These are done when there is high involvement of capital or resources
hence,
Advertising creates an impact in a way that it stores some visual or impression of the product in the mind of consumer i.e an impression while making choices in internal search
Answer: a. Western Power must comply with the Williams Act.
Explanation: The Williams Act was passed into law in 1968 and is a federal defining the rules of acquisitions and tender offers in response to hostile attempts at takeovers from corporate raiders who make cash tender offers for stocks they owned. These offers often destroy value since they force stockholders to tender stocks on a shortened timetable and as such, the Williams Act also includes time constraints specifying the number of days to make a decision and also the least amount of time such cash offers may be open. In accordance with the Act, Western Power must follow the tenets stipulated within the Act.
Answer:
It is increases by 0.155 times
Explanation:
As we know that
Current ratio = Current assets ÷ Current liabilities
where,
Current assets = Cash + account receivable + inventory
So in year 1, the current ratio is
= ($7,000 + $18,000 + $34,000) ÷ ($17,000)
= ($55,000) ÷ ($17,000)
= 3.47 times
And, in year 2 , the current ratio is
= ($4,000 + $14,000 + $40,000) ÷ ($16,000)
= ($58,000) ÷ ($16,000)
= 3.625 times
Therefore, it is increases by 0.155 times
Answer:
One share of this stock worth to you today is $18.08
Explanation:
According to the question, we have the following data:
D1 = $3.30
g = 0.0375
Ke = 0.22
one share of this stock worth to you today = P0
Hence to calculate the P0 we have to use the following formula:
Ke = D1/P0 + g
0.22 = 3.3/P0 + 0.0375
P0 = $18.08
One share of this stock worth to you today is $18.08
