The decision of what entry mode to use is primarily based on all of the following factors EXCEPT: a. the firm's unique set of re
2 answers:
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Answer:
"$52,000" is the correct answer.
Explanation:
Given:
This year income,
= $40,000
Next year income,
= $60,000
Market interest rate,
= 10%
or,
= 0.1
Now,
The next year consumption will be:
=
=
=
= ($)