1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
blsea [12.9K]
3 years ago
14

Ahmed is a professional football player in UAE. Aljazeera Club is negotiating with him to join the club. The Club presented two

offers to Ahmed; the first one is to pay him a big bonus on the signing day of the contract and smaller payments in the future, or a small amount now and bigger payments in the future. Which option should Ahmed accept and why? What about Aljazeera Club, which option is better for them?
Question 2 (6 marks)
Al-khaznah Co. wants to sell an electrical generator for AED 165000 in 2024. The price of this generator in market today is $94000 (according to GE company who is the producer of this generator). If the discount rate on this generator is 13 percent per year. Do you think the firm will make a profit if they sell this generator? What is the rate that will make the firm breakeven?
Note: Profit = Revenue -cost

Question 3 (10 marks)
Your uncle Abdallah is celebrating his 33th birthday today and wants to start saving for his retirement at the age of 63. He wants to be able to withdraw AED 100,000 from his saving account on each birthday for 20 years following his retirement. The first withdraw will be on his 64th birthday. Your uncle intends to invest his money in a local bank in Abu Dhabi that offers 7% interest rate per year. He wants to make equal payments on each birthday into the account established in the local bank for his retirement fund.
1. If your uncle starts making these deposits on his 33th birthday and continues to make deposits until he is 63, what amount must he deposit annually to be able to make the desired withdrawals at retirement? (4 marks)
2. If your uncle has just inherited a large sum of money, so instead of making equal payments, he has decided to pay one lump sum payment on his 33th birthday to cover his retirement needs. What amount does he have to deposit? (2 marks)
3. If your uncle’s employer informs your uncle that he will contribute AED 1,000 to your uncle account every year. Also, if your uncle expects AED100,000 from another investment on his 53th birthday, which he will also put into the retirement account. What amount must he deposit annually now to be able to make the desired withdrawals at retirement. (4 marks)
Business
1 answer:
marin [14]3 years ago
3 0
Go ahead please let do one of the you know eye contact and send t to you think about that I am ejust own time I am
You might be interested in
A decrease in investment spending at each price level will shift the aggregate ______.
salantis [7]

Answer:

A decrease in investment spending at each price level will shift the aggregate demand curve to the left

8 0
2 years ago
Employees at Atkins Inc. are frustrated with their manager, Kyle, who does not believe in providing feedback because he thinks i
Ratling [72]

Answer:

by using evidence and logic

Explanation:

allot

3 0
3 years ago
Blue Stone Builders recently offered to sell 45,000 newly issued shares of stock to the public. The underwriters charged a fee o
Lady bird [3.3K]

Answer: d) Dutch auction

Explanation:

Dutch Auction refers to a type of Public Offering in which the issuing company holds a sort of auction and receives bids on the shares that it has in. Using these bids they are able to set a price for the stock which is the highest price received.

However, the bids are based on the amount an investor can buy in terms of quantity and price. The lowest acceptable bid is then charged on all the stock and is called the Uniform auction price which is what Blue Stone paid thereby making this a Dutch Auction.

7 0
3 years ago
The key to the success of linux has been its character as a free software package available under the auspice of the __________.
deff fn [24]
The answer is Free Software Foundation
6 0
3 years ago
Read 2 more answers
At June 1, 2018, Coquehcot Industries had an accounts receivable balance of $12,000. During the month, the company performed cre
Nimfa-mama [501]

Answer:

At the end of the period, account receivable balance shall be $20,000

Explanation:

Account receivable is an account to register credit sale. It is an asset account and is increased with a debit entry.

In this example, opening balance is $12,000.

Credit sale for the month                    $30,000

less collections received                    $22,000

        Closing  Balance                    : $20,000

4 0
3 years ago
Other questions:
  • Workplace communication can suffer when individuals
    11·1 answer
  • Mike has a car accident and Maria saves his life. To show his appreciation, Mike gives Maria a life estate in one of the homes h
    13·1 answer
  • he Snella Company reports 2015 Pre-tax Net Income of $10,000. The following items exist:Premiums Paid for Key Officer Life Insur
    8·1 answer
  • A(n) _____ is a general belief about a person or group of people that may not be true.
    7·1 answer
  • 5. Suppose your demand for a good is inelastic. Which word would best describe this good? normal a. inferior d. replaceable b. n
    9·1 answer
  • Stacie was disappointed in Maggie’s habit of , because while Maggie followed orders readily, she never thought about how her act
    6·2 answers
  • Tom transfers a building that originally cost $40,000 to Paul Corp. in exchange for 100% of the corporation's stock. the adjuste
    14·1 answer
  • A newsvendor orders the quantity that maximizes expected profit for two products, X and Y. The critical ratio for both products
    7·2 answers
  • Which of the following statements about entrepreneurs is FALSE? A. Entrepreneurs are people who start a new business. B. Entrepr
    5·1 answer
  • Use the following information to prepare a multistep income statement and a balance sheet for Sherman Equipment Co. for 2016. (H
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!