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GuDViN [60]
3 years ago
5

Your business unit has been competing vigorously with another company for years. Your co-worker Gia recently worked for that com

pany and said to you, "I took extensive notes while I worked there on bids and their fee structure. I can bring the notes to our meeting tomorrow." Should you accept?
Yes
No
Business
1 answer:
Andru [333]3 years ago
6 0

Answer:

No

Explanation:

According to my research on different legal bindings, I can say that based on the information provided within the question you should not accept those notes. This is because, since Gia worked at the other company she may be violating her employment contract or a non-disclosure agreement by sharing private information from her old company, which can cause legal trouble for your business unit.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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(6) Erik receives an eight-year annuity-immediate with monthly payments. The first payment is $300 and payments increase by $6 e
Tamiku [17]

Answer:

  • <u>$70,264.03</u>

Explanation:

You need to calculate the value of 8 × 12 = 96 different cash flows.

There is not a formula to calculate that, because the<em> $6 dollar increase</em> does not represent growing with a constant rate.

The monthly payments are:

Month            payment ($)

0 (today)             300

1                           306

2                          312

3                          318

n                          306 + 6 (n-1)

96 (last)               876

Then you must create a spreadsheet with these features:

  • Five columns
  • First column is the month, and starts with month 0 (today)
  • Second column is the initial balance, the first balance is 0
  • Third column is the interest: it is calculated as the monthly interest by the initial balance. The monthly interest is 6%/12 = 0.06/12 = 0.005
  • Fourth column is the amount deposited: for month zero it is $300, and every month you add $6.
  • Fith column is the final balance: it is the sum of the initial balance (second column) + interest (third column) + deposit (fourth colum)
  • 96 rows: 8 years × 12months/year = 96 months.
  • The initial balance of each row is equal to the final balance of the previous row.

Here a sample of the first three rows:

Month  Initial balance  Interest                    Deposit     Final balance

 0                  0                   0                          300          300

 1                 300             300×0.005 = 1.5    306          607.5

 2                607.5          607.5×0.005           312          922.54

When you do it up to the row 96, the final balance is <em>the balance in the acccount at the end of the eight years</em>.

The last row of your spreadsheet will show:

96           69,042.81      345.21                    876         70,264.03

Thus, <em>the balance at the end of eight years will be $70,264.03</em>

7 0
3 years ago
Which kind of stock is most affected by changes in risk aversion? (In other words, which stocks see the biggest change in their
11Alexandr11 [23.1K]

Answer:

High beta stocks

Explanation:

High beta stocks are mostly affected by changes in risk aversion. Beta measures a stock's volatility in comparison to the overall market. High-beta stocks are supposedly riskier but these stocks provide potentials for higher return, low-beta stocks have lower risk and also lower returns.

In simple terms, high beta stocks is much more volatile than the index it's being measured against.

7 0
3 years ago
When a firm has flotation costs equal to 6.8 percent of the funding need, project analysts should:?
Akimi4 [234]
When a firm has flotation costs equal to 6.8 percent of the funding need, project analysts should increase the initial project cost by dividing that cost by (1-0.068). The flotation cost is the cost which emerge when a corporation gather its fund by issuing new securities. Underwriting fees, legal fees, registration fees are the common fees that will increase corporate's expense when they issue securities. Therefore, we can consider those fees as a flotation cost.
3 0
3 years ago
TMegan receives a phone call from her insurance agent. The agent informs her that although she has homeowner's insurance and car
natulia [17]

Answer:

unsought

Explanation:

Based on the scenario being described within the question it can be said that this is an example of an unsought product. This term refers to a product in which an individual does not care much about or is even interested in purchasing. Which in this situation Megan has not given much thought into life insurance and is not looking to purchase it, but is aware of it due to the insurance agent's call.

6 0
3 years ago
The ledger of Mai Company includes the following accounts with normal balances: D. Mai, Capital $9,000; D. Mai, Withdrawals $800
oksian1 [2.3K]

Answer: See explanation

Explanation:

The necessary closing entries from the available information at December 31 will be calculated thus:

1. Dec 31

Dr Services Revenue $13000

Cr Income Summary $13000

2. Dec 31

Dr Income Summary $10000

Cr Wages expense $8400

Cr Rent expense $1600

3. Dec 31

Dr Income Summary = $13000 - $10000 = $3000

Cr D. Mai, Capital $3000

4. Dec 31

Dr D. Mai, Capital $800

Cr D. Mai, Withdrawals $800

8 0
3 years ago
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