Answer:
65 months
Explanation:
Data provided in the question:
Limit of the credit card = $1,000
Cost of the new CD player and speakers = $975
Minimum monthly payment made by Katsumi = $15
Now,
since there are no finance charges charged,
therefore,
the net payment that has to be made is $975
Therefore,
Months needed to pay off the rate
= [ Net payment amount ] ÷ [ Minimum monthly payment ]
= $975 ÷ $15 per month
= 65 months
Answer:
no fiduciary relationship has been established
Explanation:
Based on the information provided within the question it can be said that in this scenario no fiduciary relationship has been established. A fiduciary is a person who holds a legal or ethical relationship that revolves around trust with another person or group. This type of person usually handles money for other people. In this scenario though, since the individual is just taking over temporarily for the couple and is not handling the couples house purchase, then no relationship has been established.
Answer:
Explanation:
Cost of Capital 12%
Project X
Year 0 1 2 3 4
Cah flow (10000) 6500 3000 3000 1000
Discount Factor 12% 1 0.8929 0.7972 0.7118 0.6355
Present Value (10000) 5804 2392 2135 636
Net Present Value 2.85 years
Net Present Value 966
Discount Factor 10% 1 0.9091 0.8264 0.7513 0.6830
Present Value (10000) 5909 2479 2254 683
Net Present Value 1325
IRR = Lower rate + 
( higher rate - lower rate)
IRR = 0.10 + 
(0.12-0.10) = 17.38%
Project Y
Year 0 1 2 3 4
Cash flow (10000) 3000 3000 3000 3000
Discount Factor 1 0.8929 0.7972 0.7118 0.6355
Present Value (10000) 2679 2392 2135 1907
Payback Above 4 years
Net Present Value (888)
Discount Factor 10% 1 0.9091 0.8264 0.7513 0.6830
Present Value (10000) 2727 2479 2254 2049
Net Present Value (490)
IRR = Lower rate + ( higher rate - lower rate)
IRR = 0.10 + 
(0.12-0.10) = 7.54%
Answer:
d. A customer survey
Explanation:
Primary data is information gathered by researchers for the first time intended for specific research. It is data obtained directly from the source and relevant for a particular study. Primary data is collected through various means, including direct personal interviews, through enumerators, and questionnaire.
A customer survey is a form of primary data. Surveys give responses directly from customers on the issues that researchers are interested in.
The answer is true. Without regulations, monopolists will produce at an output level where marginal benefit is greater than marginal social cost.
These problems are only the surface level of the inefficiency problem for monopolies; there are further incentives for efficiency over longer time horizons. There are compensating incentives in this situation. On the one hand, businesses might pursue novel ideas and new intellectual property in an effort to gain market monopolies and maximize profits—at least for a few years, until rivals catch up. In this manner, the strains of competition on businesses may lead to the emergence of monopolies. A monopoly, however, that does not have to worry about competition can simply produce the same old items in the same old ways—while still ringing up a solid rate of profit—once a barrier to entry is put in place.
Learn more about monopolists here:
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