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aniked [119]
3 years ago
14

Robert started his company in his parents' garage because he could not afford to rent an office space. Most of his finances were

spent on procuring the essential items to set up his company. As a result, he was able to save funds for the future. The opportunity of _____ is highlighted in the given scenario.
Business
1 answer:
Levart [38]3 years ago
4 0

Answer:

having lower overhead costs.

Explanation:

Robert started his company in his mother's garage so he did not have to pay rent or lease at the initial stage of his business. This gave him the opportunity to put his finances in essential aspects of his business.

Therefore he had an opportunity to reduce his overhead cost.

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Boulderado has come up with a new composite snowboard. Development will take Boulderado four years and cost $250,000 per year, w
ehidna [41]

Answer:

a) 13.704%

b) 3.704%

Explanation:

Development of composite snowboard = 4 years

Total cost / investment = 250,000 * 4 = $1,000,000

Annual cash flows ; $200,000  for 10 years

discount rate = 10%

cash flow at t = 0 =  ( Total cost / investment ) = - $1,000,000

<u>a) calculate the IRR for the snow board </u>

attached below is the calculation using online tool

IRR = 13.704%

<u>b) maximum deviation allowable in cost of capital</u>

maxi deviation = IRR - r

                         = 13.704% - 10% = 3.704%

3 0
3 years ago
Which of the following could be a synonym for the world 'externality'?
IrinaVladis [17]
I beleive the answer is C Side Effect
add me!
4 0
3 years ago
Read 2 more answers
If a firm adheres strictly to the residual dividend policy, and if its optimal capital budget requires the use of all earnings f
sp2606 [1]
Dats hard huh? I think soooo
8 0
3 years ago
The agency relationship in corporate finance occurs:__________
miskamm [114]

Answer:

when the shareholders hire a manager to run their company.

Explanation:

An agency relationship in corporate finance is a situation whereby a party known as an agent is hired by another party which is the principal, to perform certain functions or services. Based on this question, the share holders are known as the principal while the manager act as the agent. The relationship is formed after the agent has agreed that he or she will represent the principal

3 0
3 years ago
James, a casino manager, defines and uses signals and symbols to influence corporate culture by communicating central values to
matrenka [14]

Answer: Cultural Leadership

Explanation:

A) Egalitarian leader is WRONG

B) Cultural Leader: This is the kind of leader that instills cultural heritage such as customs, believe, past stories and values in his/her subodinate as in the case of James who uses signals and symbols to influence corporate culture by communicating central values to employees.

C) Servant Leader is WRONG. It can be likened to a leader that performs almost all the duties of the subodinate

D) Totalitarian Leader is also WRONG

E) Transitional Leader is WRONG

8 0
3 years ago
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