Answer:
The answer is 8 years
Explanation:
FV= PV(1+r)^n
Where
PV= let's assume PV is $100
FV = Since FV will be doubled, the we have $200($100 x 2)
n= ?
r= 9percent
Let us use the rule of 72 which states that an investment will double when:
Annual Investment Rate x Number of Years = 72.
Number of years = 72/9
= 8 years
The investment is doubled in 8 years at the rate of 9percent
Answer:
plan
Explanation:
planning is the first step,for every business to succeed there must be planning
Answer:
Explanation:
Competitive advantages are those factor that put a manufacturer in a better position over rivals in the market and gives her the benefit of higher pricing and brand loyalty.
In this scenario , the competitive advantage that Heartsong has in the industry is her world wide reputation as a provider of choice for high-quality leading -edge artificial heart valves.
However, she has fund limitation to enhance research and development , larger production and maintain additional inventory as demanded by the market . The sales on account pattern as vendors are not paid immediately and short lead time for ordering due to the nature of the heart valve was not helping the situation.
The outsourcing arrangement to Edfex will ease the stress on delivery as it has hightech warehouses in most major population centers around the country. The focus will now be on research and development and increased production capacity.
Primary research To get a complete picture of your target market,
Answer:
true
Explanation:
beacuse the faces of industrtions
