Answer: $35,036
Explanation: We will calculate the present value of $922 for a period of 48 months, thus:
Payment (pmt) = $922
n = 48
r = 1% or 0.01
PV = pmt((1 - (1 ÷ (1+r)^n) / r)
PV = 922((1 - (1 ÷ (1 + 0.01)^48) / 0.01)
PV = 922((1 - (1 ÷ (1.01^48) / 0.01)
PV = 922((1 - (1 ÷ 1.612) / 0.01)
PV = 922((1 - 0.62) / 0.01)
PV = 922(0.38/0.01)
PV = 922(38)
PV = 35,036.
Therefore, the amount that can be borrowed is $35,036.
Answer:
Explanation:
Marc's salary 72,400
Michelle's salary 15,150
Corporate bond interest 1,550
Add everything and we will get gross income = 89,100
In reviewing the purchase request package, you should ensure funding is available and required approvals and certifications have been obtained.
<h3>What is
funding?</h3>
The act of providing resources to finance a need, program, or initiative is known as funding. While this is normally in the form of money, it can also be in the form of an organization's or company's work or time.
Asset financing is the borrowing or lending of money using a company's balance sheet assets, such as short-term investments, inventory, and accounts receivable. The corporation borrowing the funds is required to give the lender a security interest in the assets.
Retained earnings, borrowed capital, and equity capital are the primary sources of finance. Retained earnings from business operations are used by companies to expand or deliver dividends to shareholders. Businesses generate capital by either borrowing from a bank privately or going public.
To know more about funding follow the link:
brainly.com/question/25887038
#SPJ4
Answer: All of these choices are correct.
Explanation:
You didn't give the options to the question. The options include:
testing costs prior to placing the equipment into production
transportation costs
installation costs
All of these choices are correct.
Acquisition cost, is the total cost that is recognized by a company on its books for the purchase of an asset. These costs include the transportation cost, installation cost, shipping cost, testing costs, sales taxes, customs fees, etc.
Therefore, based on the explanation, the correct option is All of the choices are correct.
Answer: interdependence
Explanation:
Price fixing - incorrect. This is an illegal practise where 2 competing companies from the same market unlawfully agree that they won't sell their goods below a specific price. Hewlett - Packard and Dell did not enter into an agreement to limit their sales prices to a specific amount.
Cutthroat competition - incorrect. This is a practise where competitors within the same market aim to cripple or even eliminate their competition, by using heavy promotion or predatory pricing techniques (setting low prices to try an remove rivals). Hewlett - Packard is not aiming to use destructive techniques to eliminate Dell, and in this case isn't even considering lowering it's prices at all.
Collusion - incorrect. This is an illegal secret conspiracy, usually committed by competitors joining forces to mislead and deceive others within or linked to the market. This doesn't apply as Hewlett Packard 's intentions not to raise prices aren't to deceive Dell and other competitors. Further Hewlett - Packard has not made a secret pact of any form with its competitors.
Interdependence - correct. Interdependence is companies relying on each other to fulfil their objectives. Hewlett Packard relies on its competitors and how they will behave to a change in prices and other economic factors. The market is quite fragile, so any change by a company could have chain - reaction level effects to other companies and its customers operating within that same market. Both companies thus need each other in order to succeed.
