Answer:
Pat would receive within 5 years $1.47 for each dollar invested.
Explanation:
Compounded interest is when the final capital is calculated with the interest that is paid at the end of each period over the capital plus the interest earned in the prior period.
CF=1(1+0.08)↑5
Answer:
B. Product development
Explanation:
A product development strategy is used when an existing company, with an existing customer base, tries to grow by introducing new products and/or services that target its customer base. This strategy entails more risk than market penetration but similar risks that market development.
The company can extend its product range by:
Research and Development investment, commonly used by tech companies like Apple who extend their product range constantly.
Buying the rights to produce products and services originally developed by other companies.
-Investing in the R&D of additional products, like when Microsoft developed Xbox One X.
-Getting the rights to produce someone else's product, like when Dinsey bought Marvell CU.
-Acquiring a popular product and rebranding it as its own product, like when google bought Picassa and launched Google Photos.
-Cooperating with other companies to develop products and services (shared ownership), which is very common in tech industries.
Answer:
results in higher-level managers being unaware of actions taken by empowered personnel under their supervision.
Explanation:
The name of the document is a notice to proceed.
Answer:
A Assets and liabilities
Explanation:
Since the sole trader takes the loan of £5,000 from the bank that means the cash is increased because the receipts is received and the loan is also increased as the liability is created
So as per the given situation, both the assets and the liabilities are increased
Therefore the option a is correct and the same should be relevant