Answer:
Good Guy Foods
The amount that the firm needs to contribute to the fund, assuming that only the interest income is to be distributed is:
d. $1,724,138
Explanation:
a) Data and Calculations:
Distributable Trust Fund = $125,000
Rate of interest or return = 7.25%
The distributable trust fund is a product of total trust fund multiplied by the rate of return.
The total trust fund = $125,000/7.25%
= $125,000/0.0725
= $1,724,138
Check:
7.25% of $1,724,138 = $125,000
b) Good Guy Foods needs to contribute $1,724,138 in funds that will earn 7.25% annually and equal the scholarship amount of $125,000 annually.
If youre traveling in the US then all you need is an ID with your picture
and if youre traveling outside you need a valid passport
Answer:
initiating process
Explanation:
Initiating process -
It is the very first step , before beginning any project or task , is referred to as the initiating process .
The process require the proper estimation of the steps need to be taken to complete the project on time , all the steps are considered and allotted in order all the employees are clear about the task they need to perform ,
The amount , goals and duration of the project is calculated in this very step .
Hence , from the given information of the question, '
The correct term is initiating process .
Answer: D. Derek assumed the risk of a bear attack by joining the tour group, so he cannot hold the tour company liable
Explanation:
Derek has to accept that by joining the tour group, he assumed some the risk of some elements of danger amongst them the bear attack.
Even though there had been no prior attack by bears in the mountain, a mountain hike still has some inherent danger in it and this includes bears. He cannot hold the tour company liable using this reason alone.
Answer:
Distinguish between an absolute advantage and a comparative advantage is discussed below.
Explanation:
Absolute advantage and a comparative advantage
- Absolute advantage concentrates on the marginal cost of reproduction of an asset whereas comparative advantage characteristically concentrates on the opportunity cost of production.
- Trading judgments based on comparative advantage between nations are forever respectively advantageous.