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n200080 [17]
3 years ago
8

you have decided to sublet your apartment. your tenant has agreed to pay $150 per month starting today (with payments made at th

e beginning of each month)there are eight months left on your lease in the appropriate interest interest rate is 6%, compounded monthly. what is the present value of this agreement?
Business
1 answer:
mixas84 [53]3 years ago
4 0

Answer:

PV= $1,173.44

Explanation:

Giving the following information:

your tenant has agreed to pay $150 per month. There are eight months left on the lease, the appropriate interest rate is 6%, compounded monthly.

<u>To calculate the net present value, first, we need to calculate the final value and then use the present value formula.</u>

FV= {A*[(1+i)^n-1]}/i

A= annual pay= 150

i=0.06/12= 0.005

n=8

FV= {140[(1.005^8)-1]}/0.005= 1,221.21

Now, we calculate the present value:

PV= FV/(1+i)^n

PV= 1,221.21/1.005^8= $1,173.44

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Based on the information given the current ratio is:1.4.

<h3>Current ratio</h3>

Using this formula

Current ratio=Current assets/Current liabilites

Where:

Current assets=$191,800

Current liabilities=$137,000

Let plug in the formula

Current ratio=$191,800/$137,000

Current ratio = 1.4

Inconclusion the current ratio is:1.4.

Learn more about current ratio here:brainly.com/question/2686492

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2 years ago
Frances, an executive with GMO Seed &amp; Feed, Inc., has to decide whether to market a product that could offer substantial ben
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Frances must stand by his ethical standards and defer his plans to market the product.

Explanation:

Frances is stranded amidst classic case of an ethical dilemma. The ethical dilemma is an ethical perspective which puts a person in a state of to do or not. This is common and everyone undergoes through this phase for more than once in his/her lifetime.

The dilemma arises due to the substantiative profits that he can earn from marketing the product and his ethical concerns that the product is harmful for a section of the user. He needs to stick to his ethical standards and put the products to more rigorous tests and research. This would enable him to market his products in the future with some twitches and upholding his ethical concerns too.

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3 years ago
The most powerful of the five competitive forces is usually: Select one: a. The competitive pressures that stem from ready avail
Bezzdna [24]

Answer:

b. The competitive pressures associated with rivalry among competing sellers in the industry for buyer patronage.

Explanation:

The Porter’s five forces of competition is a framework developed by Michael E. Porter in 1979, it is used to measure and analyze an organization's competitiveness in a business environment.

The Porter's five forces of competition framework are:

1. The bargaining power of suppliers.

2. The bargaining power of customers.

3. Threat posed by substitute products.

4. Threats posed by new entrants.

5. Threats posed by existing rivals in the industry.

The most powerful of the five competitive forces is usually the competitive pressures associated with rivalry among competing sellers in the industry for buyer patronage. When the amount of competitors (sellers), as well as the quantity of goods and services they provide are large, the lesser their competitive strengths or advantage in the market because the customers have a large pool of finished goods and services to choose from and vice-versa.

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3 years ago
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larisa86 [58]

Answer:

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3 years ago
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SIZIF [17.4K]

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