Answer:
IRR is 12%
Explanation:
The internal rate of return on the investment can be computed using the IRR formula in excel:
=IRR(values)
The values are the cash flows for the relevant years arranged as shown below:
Years Cash flows
0 -$104,972
1 $23,000
2 $23,000
3 $23,000
4 $23,000
5 $23,000
6 $23,000
7 $23,000
=irr(values from -$104,972-$23,000 in year 7)
irr=12%
Kindly find attached excel with the computation of IRR as well
The internal rate of return is the rate of return on investment where present value of cash inflows equal the initial investment
Answer:
The population of Arizona grows by 20%.
(Demand will shift as a result of population increase, more people will be buying wheat).
A drought in Kansas makes people behave that the price of wheat breed will increase in a couple of months. (The fear of the drought will make people want to hoard and they will engage in panic buying of wheat bread).
As people become more health conscious, they discover the benefits of whole wheat as a part of their diet. (Due to health conciousness more people will buy more wheat).
Explanation:
Demand shift occurs as a result of other factors except for price. When demand shifts to the right there is an increase in quantity demanded.
If demand shifts to the left there is reduction in quantity demanded.
The attached diagram illustrates demand shift to the right.
Answer:
is valid until December 20, but it can be revoked by Deal any time before that date unless Boyd has accepted it.
Explanation:
An offer can be revoked by the offeror at any time as long as the following two conditions exist:
- the offeror notifies the offeree that the offer is being revoked
- the offeree has not yet accepted the offer
Answer:
Opportunity cost = $6900 monthly or $82800 yearly.
Explanation:
Opportunity cost = $6900 monthly or $82800 yearly.
The opportunity cost is the gain forgone for the other alternative, or ultimately a loss to acquire other opportunity.
Here, the opportunity cost is gain of $6900 forgone to operate the fitness studio within the store by Nike.
Answer:
C.
Explanation:
The term used to define standards of behavior that governs individual's and companies conduct is ethics.
The term ethics is derived from the Greek word ethos, meaning, way of living. Ethics comes under the rubric of philosophy and is related to the subject of human conduct, especially concerning the actions of humans towards the society.
Ethics are those moral principles in which the conduct of companies and human behaviors are anchored.
Therefore, the correct answer is option C.