Ron Wayne or Ronald Gerald Wayne sold 10% of his ownership of the Apple Computer (now Apple Inc.) in 1976 for $800. He is a retired American Electronics Industry worker that have co-founded the Apple Computer together with Steve Wozniak and Steve Jobs. He was responsible for giving administrative oversight for the venture of the new company during that period. If he had kept his shares, he would have gained $75.5 billion worth of shares from the said company.
The Kraus Steel Company ended producing about 7900 tons of inventory during the month of October.
<h3>What is inventory?</h3>
The amount of finished goods available in the warehouses or storage of an organization during a given period, which is ready to be sold in the market, is known as the inventory.
The produced inventory can be calculated using the given information as,
Inventory produced=Beginning Work in Process-Ending Work in Process
Inventory Produced =11300-3400=7900 tons
Hence, the significance of inventory produced is aforementioned.
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The statement is true. The present value of a future sum decreases as either the discount rate or the number of periods per year increases, other things held constant.
Future cash flows are reduced by the discount rate, so the higher the cut price fee the lower the existing fee of the destiny coins flows. A lower discount rate leads to a higher present value. As this implies, whilst the discount price is better, cash in the future will be worth less than it's far nowadays.
Preserving other factors steady, as the interest price will increase, the present cost of an quantity to be received at the end of a fixed duration decreases. This means at a higher hobby price the present value of a future cash float falls. Decrease the prevailing price is. inversely related. growing the discount price decreases the present price and vise versa. Future value of that investment.
The prevailing value of a destiny lump sum decreases as the discount fee used decreases, All else held constant. the present cost and discount rate are inversely associated. If the destiny cost and the range of periods are held steady the prevailing price will lower as the cut price rate increases.
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Answer:
lump sum money= $52653
Explanation:
Giving the following information:
Your child is going to college in 4 years.
Tuition fees amount to $16,000 a year for each of the 4 years.
You plan on depositing a lump sum of money today in a bank account paying 5% interest a year.
The first tuition fee payment you make will be 4 years from now.
FV= 16000*4= $64000
n= 4 years
i= 0.05
We need to find the annual payments:
PV= FV/(1+i)^n
PV= 64000/1.05^4= $52653
Answer and Explanation:
1> Let's solve the standard economic model first based on rational expectation.
Since the medium willingness to pay is $5, we can assume half the people have more willingness to pay than $5 and half the people have less. (Since it's a large class, we can assume this)
So, half of them who got the mug will sell, according to standard theory.
2> Now behavioral economist will disagree. People who got the mug, get an emotional and nostalgic attachment with it, thus they would not like to sell it because they get utility after having something, so by behavioral theory, less than half of pupils who got the mug will sell.