Answer:
Explanation:
We will divide the variable by 23,000 and multiply by 21,000 to convert them to the new activity level.
Then we calculate the contribution margin.
The fixed cost are keep at the same level.
We subtract the fixed cost from contribution margin giving us the net income.
The Net income will decrease by 8,200
The costs of the federal government have exceeded the benefits offered.
Based on the information the principle of influence that Penny's action illustrate is authority.
Authority is a principle that can influence a person to act in accordance with people in that are in a higher position or people that has the authority to make vital decision.
Based on the information given Penny's action <em>illustrate</em> Authority because she trust the actress based on her status.
Penny's believe that the actress is more reliable because she has endorse the brand and she felt complying with the actress will lead to a more favorable result that using the brand her mother first bought for her.
Inconclusion the principle of influence that Penny's action illustrate is authority.
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Answer: $3,153
Explanation:
The amount that will make you indifferent is the future value of the 3 payments at the end of those 3 years at 5%.
Future value of Annuity = Annuity * Future Value interest factor, 3 years, 5%
= 1,000 * 3.1525
= $3,153
Bank will require a final payment of $3,153 for you to be indifferent.
Answer:
present value = $8396.19
Explanation:
given data
cash flow = $10,000
rate r = 6 %
time period t = 3 years
to find out
present value of the note
solution
we get here present value that is expressed as
present value = ....................1
put here value and we will get present value
present value =
solve it we get
present value = $8396.19