It will not only bring down your electricity bills, but it will also reduce the amount of pollution caused by electricity plants in our environment and in even in human health. It is a good source of energy that we can use and help conserve natural resource.
The formula of the present value of an annuity ordinary is
Pv=pmt [(1-(1+r)^(-n))÷r]
Pv present value 375000
PMT withdrawal amount ?
R interest rate 0.075
N time 25 years
Solve the formula for PMT
PMT=Pv ÷ [(1-(1+r)^(-n))÷r]
PMT=375,000÷((1−(1+0.075)^(
−25))÷(0.075))
=33,641.50.....answer
Established rivals and new firms would lure customers away with slightly different and/or cheaper productsDescription<span>
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Answer:(D) attempting to reduce transaction costs through institutional frameworks.
Explanation: Institutional frameworks are a system of formal rules, guidelines and regulations put in place by organizations in order to effectively regulate the activities or actions of individuals within or outside the Organisation.
It can also involve the sets of informal rules which includes customs,norms and traditional actions put in place to enhance or improve the efficiency of Organisation, which can include the reduction of Costs,increase in overall output and revenue etc.
Answer:
The ending cash balance on the month ended June 30 cash budget: $54,200
Explanation:
Ending cash balance = Beginning cash balance + Cash flow in - Cash flow out
In the company:
Cash flow in = Cash receipts from sales = $415,000
Cash flow out = Cash payments for purchases + Cash payments for salaries + Other cash expenses + Cash repayment of bank loan = $270,000 + $95,400 + $57,400 + $32,400 = $455,200
Ending cash balance = $94,400 + $415,000 - $455,200 = $54,200
Note: Depreciation is a non-cash accounting expense, so it doesn't involve cash flow.