Answer:
The correct answer is option B.
Explanation:
The statement "There is no free lunch" means that no product is made for free. Production of any good or service requires resources. These resources are scarce and have alternative uses. So in order to produce any goods or services limited resources are used and its alternative uses are sacrificed.
Answer:
Total FV= $29,335.25
Explanation:
<u>First, we need to calculate the future value of the initial investment ($2,500) using the following formula:</u>
FV= PV*(1 + i)^n
PV= $2,500
i= 0.0075
n=10*12= 120 months
FV= 2,500*(1.0075^120)
FV= $6,128.39
<u>Now, the future value of the $1,500 annual deposit:</u>
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
We need to determine the effective annual rate:
Effective annual rate= (1.0075^12) - 1= 0.0938
FV= {1,500*[(1.0938^10) - 1]} / 0.0938
FV= $23,206.86
Total FV= $29,335.25
The accounting information of a privately held company is generally available to all of the following except for A. Competitors.
<h3>What is a privately held company?</h3>
A privately held company is a private company.
It does not sell its stock or shares to the public.
Examples of privately held companies include:
- Sole proprietorships
- Limited liability corporations (LLCs)
- S corporations (S-corps)
- Some C corporations (C-corps).
Thus, the accounting information of a privately held company is generally available to all (governmental agencies, investors, creditors, and lenders) except for A. Competitors.
Learn more about privately held companies at brainly.com/question/4720585
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Answer:
The correct answer is D
Explanation:
Velocity of money is a tool for the measurement or evaluation of the rate at which the money is being exchanged in an economy or market. It is computed as the equation which divide the GDP (Gross Domestic Product) with the money supply . The velocity of the money is the number of times, the money moves or circulate from one entity to another entity.
So. it is the average number of times the dollar spent per year by the entities.
Answer:
Purchase decision process
Explanation:
A purchase decision process is defined as the thought process that goes into buying a certain product. This thought process include the buyer identifying a need, creating options, seeing different brands and then finally buying the product.
Purchase decision could be either minor or major. Purchasing things like tea, toothpaste, etc require minor decision processes while buying a house or piece of land involves major decision processes.
As in the question, Becky now has to under purchase decision process as to buying soccer cleats for her daughter. This decision will involve buying a brand that won't shrink as a result of weather changes or wear out easily, etc
I hope this helps.
