Answer:
Power is another source other than inheritance.
Hope this helped you!
Explanation:
Answer:
D.
Explanation:
A economic model can be used to explain or predict economic phenomena, because every model has to have key variables that command the economic decisions and operations.
An economic model is define to get a specific goal, so when some problem comes, you can study every decision based on the model applied, that 'simplifies' solutions, or even better, you must be able to predict when economic problems will arrive.
Answer:
Gross profit equals $420,000
Explanation:
To get gross profit , we only discount the cost of goods sold from the Total sales
Gross profit Formula= net sales – cost of goods sold
Gross profit =$800,000- $380,000
Gross profit =$420,000
We use sales returns and allowances, sales discounts and operating expenses to get net income.
To calculate the present value. she should use the DISCOUNTING METHOD.
The discounting method is a valuation technique that is used to calculate the value of an investment opportunity. The method uses cash flow projections that does not take the future into consideration and discount them to get the present value estimates.
Answer:
She Should Invest $3,815 now.
Explanation:
Future value is the accumulated value of principal and compounded interest earned in specific period on an specific return rate applied to present value. It is calculated by following formula:
FV = PV x ( 1 + r )^n
FV = Future Value = $5000
PV = Present Value = ?
r = return rate = 7%
n = number of years = 4 years
$5000 = PV ( 1 + 7% )^4
$5000 = PV ( 1 + 0.07 )^4
$5000 = PV ( 1.07 )^4
$5000 = PV x 1.311
PV = $5,000 / 1.311
PV = $3,815
