They should just probably hire another employee or something I don’t know.
Answer:
only 5 point.................
Answer:
PV= $332,528.56
Explanation:
Giving the following information:
Future value= $500,000
Number of periods= 7 years
Discount rate= 6% compounded annually
<u>To calculate the present value, we need to use the following formula:</u>
<u></u>
PV= FV/(1+i)^n
PV= 500,000 / (1.06^7)
PV= $332,528.56
I had to look for the options and here is the answer. The concentration ratio that is being referred to the description above is 80%. This means that the industry consists of five identical firms and the four-firm concentration is being referred to. Hope this answers your question.