Answer:
time required is 7.70 years
Explanation:
given data
interest rate = 9%
solution
we know with the compounded continuously rate r and time t amount is
A(t) = A(o) 
.................1
and we have given amount is double so
A(t) = 2 A(o)
so from equation 1 put the value and we get here
2 A(o) = A(o)
ln(2) = 0.09 t
solve it we get time
time t = 7.70 years
so time required is 7.70 years
Answer:
20.50 times
Explanation:
Cash coverage ratio = (EBIT + Depreciation) / Interest paid
Cash coverage ratio = ($1,640+$410) / $100
Cash coverage ratio = $2,050 / $100
Cash coverage ratio = 20.50 times
So, the cash coverage ratio for 2017 is 20.50 times
Answer:
Accounts Payable: Describes all money a business owes to vendors and suppliers for purchases of goods and services made on credit. Often listed in sum on the balance sheet as “current liability"
Answer:
B) Charging extremely high license fee for the technology
Explanation:
Does anyone recall VHS or Betamax? Back in the 80s, Sony developed Betamax which was a great recording format and JVC developed VHS which was actually not that good as a recording system. Even though JVC's VHS tapes were not that good, they allowed many companies to produce them charging a low licensing fee. On the other hand, Sony thought that since they had the best product, people would simply choose them over everyone else.
Eventually Sony lost the VCR format war since no matter how good a product is, it is really hard to fight everyone else by yourself. Even Sony ended up selling VCRs that used VHS tapes.
Answer
There are several factors a business needs to consider in setting a price
Explanation:
Competitors – a huge impact on pricing decisions. The state of the market for the product – if there is a high demand for the product, but a shortage of supply, then the business can put prices up.
