Answer:
$1066.77
Explanation:
The amount that would need to be saved today is referred to as present value.
Present value is the sum of discounted cash flows
Present value can be calculated using a financial calculator
Cash flow in year 1 and 2 = 0
Cash flow in year 3 = $600
Cash flow in year 4 = 0
Cash flow in year 5 = $700
I = 5
present value = $1066.77
To find the PV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
Answer:
See below
Explanation:
First, we will calculate the depreciation expenses
Depreciation expense = Cost / life = $84,000 / 30 = $2,800 per year
Answer:A)Increase in one asset, decrease in another asset.- purchase of machinery in cash . ie. increase in asset and decrease in cash
B)Increase in asset, increase in liability - purchase goods on credit ie. increase in stock and increase in creditors
C)Increase in asset, increase in owner's capital -issue of shares ie. increase in share capital and increase in cash .
D)Decrease in asset, decrease in liability -Payment to creditors ie, decrease in cash and decrease in creditors
E)Decrease in asset, decrease in owner's capital- drawings (withdrawn by partners ) ie, decrease in capital ad decrease in cash
F)Increase in one liability, decrease in another liability- Bills Payable issued to Creditors.ie., This will reduce one liability (Creditors) on the one hand and increase another liability (Bills Payable) on the other hand.
G)Increase in liability, decrease in owner's capital - Conversion of share capital into debentures.ie, increase in debentures and decrease in share capital .
H)Decrease in liability, increase in owner's capital.-Conversion of debentures into shares.,ie. increase in share capital and decrease in debenture (long term liability )
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Explanation:
Answer:
A negative consequence of the power he holds is that his company: Apple, has become the largest company in its market sector: consumer electronics.
For that reason, Steve Jobs has what in economics is known as market power: the ability to set prices above marginal cost, or in other words, the ability to set prices that are higher than necessary for the customer.
This amount of market power reduces the overall benefit for society, and society would be better off if more competitors entered the market to compete with Apple.
Consumers refers to a group of people, individuals, businesses that make use of a product.
A(n) <u>consumer</u> is all the people and organizations that might purchase a product
The consumers can also be refered to as the market for a product. They are people who have the ability, and willingness to buy a product at a particular time.
Consumers can either purchase a product to consume directly or buy with the purpose of using it for production of other items.
Therefore, consumers are purchasers and users of a product.
Learn more about consumer:
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