Answer:
Here we need to find the length of an annuity. We know the interest rate, the PV, and the payments. Using the PVA equation:
PVA =C({1 – [1/(1 +r)t]} /r)
$14,500 = $500{[1 – (1/1.0155)t] / 0.0155}
Now we solve for t:
1/1.0155t = 1 − {[($14,500)/($500)](0.0155)}
1/1.0155t= 0.5505
1.0155t= 1/(0.5505) = 1.817
t = ln 1.817 / ln 1.0155 = 38.83 months
<u>Account will be paid off in 38.83 months.</u>
Companies like my gym, which seek to do business in new markets for manufacturing and/or marketing purposes, have many potential Entry modes at their disposal.
<h3>What is
marketing ?</h3>
Marketing is the process of discovering, developing, and delivering value in the form of goods and services to fulfill the needs of a target market; it may also include the selection of a target audience.
Brand marketing is a method of promoting your product or service by promoting your entire brand. Essentially, it conveys the tale of your service or product by stressing your entire brand.
Distribution, finance, market research, pricing, product and service management, promotion, and selling are the seven functions of marketing in the marketing sector.
Properly studied and targeted marketing will bring in new and recurring customers.
Current and previous consumers' feedback might help identify areas for development.
To know more about marketing follow the link:
brainly.com/question/25754149
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Answer:
Matrix organization structure
Explanation:
A matrix organizational structure is a work arrangement in which employees report to two or more supervisors rather than one line manager overseeing every project aspect. The reporting relationships are grid-like, with employees reporting to both product and functional managers. For example, an employee may have a direct manager they report to, plus one or more project managers they operate under.
The matrix organizational structure is useful when sharing skills across departments is necessary to complete a project.
Answer:
- Five internal controls
- Control procedures.
- Risk Assestment.
- Information and communication.
- Monitoring.
- Control environment.
Explanation:
1. <u>Five internal</u> control environment risk assessment control procedures monitoring information and communication.2. <u>Control procedures</u> provides reasonable assurance that business goals will be achieved.3. <u>Risk assessment</u> identify, analyze and assess likeliness of vulnerabilities.4. <u>Information and communication</u> used by management for guiding operations and ensuring compliance with requirements.5. <u>Monitoring</u> used to locate weaknesses and improve controls.6. <u>Control environment</u> overall attitude of management and employees
There are five internal control management that help in controling and managing overall work environment.
Answer:
There are two types of profit and costs in nay business, which are accounting costs/profit and the economic costs/profits.
Accounting costs include everything that is tangible or the monetary costs a firm pays, while the economic costs include the cost which is intangible(Opportunity costs) as well as tangible.
Here in this question, the profit of the firm therefore is,
a. From an accountant;s definition = 130000-(6000+42000+7000) = 75000.
b. From an economist's definition = 130000-(6000+42000+7000+65000+6000) = 4000.
Hope this helps you. Thankyou.
