It Means if a worker or anyone gets hurt while working or doing something with your company, you need to pay his debts.
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
Answer:
Mointaintop should charge 84.18 dollars per round of golf to achieve his desired return.
Explanation:
return:
50,000,000 x 12% = 6,000,000
fixed cost: 24,000,000
Variable cost: 16 per golfer
golfers expected 440,000
It should price to pay up the variable cost, fixed cost and achieve the 12% return:





S = 84,18181818181818
It should charge per round 84.18 dollars
The distribution channel control the flow of products from the manufacturer to a variety of retailers or business customers.
A distribution channel represents a chain of businesses or intermediaries through which the final buyer purchases a good or service.
Distribution channels include wholesalers, retailers, distributors, and the Internet.
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