Answer: False
Explanation:
It is not an effective beginning for a direct reply letter. Although the message does include a clear and specific subject line that is located below the salutation, it does not place the most important information first in the opening of the message
Answer:
Instructions are listed below
Explanation:
Giving the following information:
Projects:
A
Io= -$ 800,000
Perpetual cash= $ 90,000
B
Io= 100,000
Perpetual cash flow= 20,000
C
Io= 300,000
Perpetual CF= 25,000
D
Io= 400,000
Perpetual CF= 60,000
To find the present value of a perpetual annuity we need to use the following information:
PV= cash flow/i
A) i= 0.16
A= -800000 + (90000/0.16)= -237,500
B= -100000 + (20000/0.16)= 25,000
C= -300000 + (25000/0.16)= -143,750
D= -400000 + (60000/0.16)= -25000
Only project B is pursuable.
B) i=10%
A= 100,000
B= 100,000
C= -50,000
D= 200,000
Only project C is not pursuable. Project D has the greatest net present value.
C) With i=16% only project B should be pursued. With i=10%, project D is the best.
The answer would be A. Shoes.
It is implied that a good has an inelastic supply if the supplier does not have a choice other than producing it despite the change in production cost. This would as well apply to the buyer, who needs the product no matter the pricing.No one can live without shoes, despite a spike in prices, we still need to buy them.
Answer:
1. Cost to retail ratio = Cost of goods available for sale/ Retail value of goods available for sale
- Cost of goods available for sale = $430000 + $920000 + $62550 = $1412550
- Retail Value of goods available for sale = Retail value of inventory + Net Markup - Net Markdown = $565000 + $1340000 + $61000 - $31000 = $1935000
Cost to retail ratio = Cost of goods available for sale/Retail value of goods available for sale = ($1412550/$1935000)*100 = 73%
Sales value at retail = $1265000
So, Cost Of goods Sold = Sales Value at retail*Cost to retail ratio = $1265000*73% = $923,450
2. Ending Inventory Retail Value = Retail value of goods available for sale-Sales value at retail = $1935000 - $1265000 = $670,000
So, Cost of ending inventory = Ending inventory value at retail*Cost to retail ratio = $670000*73% = $489,100
Considering the scenario described above, at the store, I am an employee. This is because I'm hired full-time.
Also, because an office manager is supervising me, that shows I am an employee.
Also, given that I work within normal business hours at the store, that is a characteristic of an employee. Again, payment of wages is associated with employee relations.
On the other hand, I work as an independent contractor at the pub because I decide the music to play and get paid per gig.
Also, given that I don't work at normal hours and get paid at a lump sum, this is an independent contractor working feature.
Hence, in this case, it is concluded that I worked as an independent contractor at the pub and an employee at the store.
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