Let’s look at the facts,
Original Investment: $80,000
Income: $150,000/ year
Salary: $105,000
New space: $22,000
Income: $150000
- Salary: $105000
- New Space: $22000
======================
Profit: $23000/ year
After 3 years they would have made, $69,000
Now had they left the original $80000 invested @ a rate of 15% annually (assuming its compounded), after 3 years they would have $121,670
So economically speaking, they didn’t make the right choice
Answer:
Ending Cash Balance:
January = $32,450
February = $23,600
Loan Balance End of Month
January = $0
February = $7,080
Explanation:
Note: See the attached excel file for the cash budget for January and February.
In the attached excel file, the following calculation is made:
Additional loan in February = Minimum monthly cash balance - Preliminary cash balance in February = $23,600 - $16,520 = $7,080
From the attached excel file, we have:
Ending Cash Balance:
January = $32,450
February = $23,600
Loan Balance End of Month
January = $0
February = $7,080
Answer:
The correct answer is growth strategy.
Explanation:
As the emphasis for the focus of the strategy is given on an increase in the profits, revenues, market share or the number of places. All of these parameters are linked with the growth of the company. Thus this leads to a growth strategy. This is also evident from the definition of the growth strategy which is stated as the strategy to increase the market share of a company.
Answer:
false promises
Explanation:
the keyword was unrealistic,because their trying to add additional fees.
