Answer:
Amount of cash Mick receive from the bank: $768,450
Explanation:
Given:
- $750,000 note
- interest of 9%
- n = 6 months
- Effective interest rate of 12% = 0.12
At first, we need to find out the maturity value, which is:
= $750,000 + $750,000 × 9%
= $750,000 + $67,500
= $817,500
Hence, amount of cash Mick receive from the bank:
= <em>Maturity amount - Maturity amount × effective interest rate × number of periods in year</em>
<em>= </em> $817,500 - $817,500
*0.12*
= $817,500 - $49,050
= $768,450
Hope it will find you well.
Answer:
Perfect Competition, Imperfect Competition, Oligopoly, and Monolopy
Explanation:
There are four basic types of market structures: perfect competition, imperfect competition, oligopoly, and monopoly.
Answer:
The answer is:
1. Acquisition cost.
2. Estimated useful life to the company.
3. Estimated residual value at the end of the asset’s useful life to the company.
Explanation:
1. Acquisition cost/Purchase price: This is the amount at which the asset(s) was bought. The acquisition cost will include the original purchase price, the cost of transporting the asset to the factory etc. and subtract any purchases discount.
2. Estimated Useful life to the company: This is the number of years the purchased asset are estimated to last for. E.g fitting and furniture with an estimated value of 5 years while the equipment for production can be 7 years. This depends on the company policy though.
3. Estimated residual value: This is the amount of money the firm is expected to get from the asset after it has been fully depreciated.
G two firms, firm x and firm y, are both considering investing in project z,
Answer:
It is relevant for the government if it feels that it can perform better than other players in the market and that it will generate value for its people in the long run.
Explanation:
The government must first of all consider that what value its people expect from it and how it will be successful in doing so. If the government thinks it can control the balance of payment and the inflation within the country by going into production of goods and services. Pakistan, a country who has invested in Photon Automobile company, because its most import includes the importation of automobile engines is the move to restrict the players in its market to produce all of the machinery within country and not by importing it from other countries. So this would increase the value of its currency in the international market. Furthermore, it has also invested in its tourism section which was neglected in past 10 years due terrorism. But now as the country has no cases of terror attacks during the past 2 years. It is focusing iin promoting tourism in its country to uplift the lives of its people living in rural areas. Furthermore, the country is also struggling to increase the ease of doing business in the country which would increase the chances of foreign investment.
The above scenario shows that the government must get involved in the production of goods and services if it thinks it would increase value for its people.