Answer:
In this instance, Alan was using the <u>"arbitrary approach".</u>
Explanation:
Arbitrary approach is a technique or method which is used to determining the budget which is used for advertising. This is the approach which is used most widely and in this approach the CEO tells or specifies that how much budget we can use for advertising for the coming year or specific period of time.
Answer:
B. $215 million
Explanation:
The present value of the payment can be found by discounting each cash inflow by the 6% discount rate.
The present value can be found using a financial calculator:
The cash flow for year one = $89
The cash flow for year two = $58
The cash flow for year three = $42
The cash flow for year four = $32
The cash flow for year five = $25
All cash flows are in millions
I = 6%
NPV = $214.87 Million
I hope my answer helps you
I’d like to take a senior Python developer role in a top tech company and maybe have my own startup
What about you?
Answer:
player 2 is signing a better contract
Explanation:
the present value of an annuity (player 1) = annual payment x annuity factor
assuming that the interest rate is 10%
present value = $10 million x 6.1446 (PV annuity factor, 10%, 10 periods) = $61.446 million
player 2's contract
the present value of a growing annuity = [payment / (i - g)] x {1 - [(1 + g) / (1 + i)]ⁿ} = [$10 / (10% - 5%)] x {1 - [(1 + 5%) / (1 + 10%)]¹⁰} = $200 x 0.372 = $74.398 million
Answer:
$13000
Explanation:
There are two types of incomes; disposable income that is the income after paying income tax, and discretionary income that is the income after paying income taxes and necessities. Overall, the Manuel Acala made $28000; he paid $5000 in taxes.
Disposable income= $28000-$5000 = $23000
He spent $10000 on food
Discretionary income = $23000-$10000= $13000
