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ki77a [65]
3 years ago
5

You have received a settlement offer from an automobile manufacturer due to mechanical problems with your automobile. The manufa

cturer will pay you $ 16 comma 000 in one lump sum eight years from now. You can earn 8​% on your investments. The present value of the​ manufacturer's settlement offer is closest to ​(
Business
1 answer:
Alexus [3.1K]3 years ago
6 0

Answer:

$8,644.30 ≈ $8,644

Explanation:

Data provided in the question:

Amount to be paid, A = $16,000

Interest rate that can be earned, r = 8% = 0.08

Time period, n = 8 years

Now,

A = P × ( 1 + r)ⁿ

Here,

P is the present value

thus, on substituting the respective value, we get

$16,000 = P × ( 1 + 0.08 )⁸

or

$16,000 = P ×  1.8509

or

P = $8,644.30 ≈ $8,644

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Fail:

1. Individual

2. Family

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Success:

1. Professional and technical competence

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Explanation:

Role of expatriate failure and success expatriates:

Expatriate failure is generally defined as an affix which is either prematurely terminated or viewed by top management as unsuccessful. Most studies have concluded that the rate of failures is high, and depending on the country, they can range from 20 to 50 percent.

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7 0
3 years ago
A validation check used to determine if a quantity ordered field contains only numbers is an example of a(n)
11111nata11111 [884]
Here are the answers of the given questions above.
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6 0
3 years ago
S&amp;P Enterprises sold 10,000 units of inventory during a given period. The level of inventory of the manufactured product rem
nignag [31]

Answer:

Option A Net income will be the same under both variable and absorption costing.

Explanation:

The condition here given is:

Production Units = Sales units

Now under such conditions their is no finished goods and all the fixed costs are absorbed in the units produced in the absorption costing which means all the fixed production costs are part of the cost of goods sold.

In variable costing system, the fixed costs are not absorbed in the units and deducted as period cost.

So this means no cost is left which is not deducted from the revenue and this gives us net income that is same amount when we either use variable costing or use absorption costing. But remember that this is only possible when the production units are equal to sales units.

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4 years ago
If the purchase and sale of a currently illegal drug (for example, marijuana) were decriminalized, economists would expect:
Masteriza [31]

Answer:

A. An increase in demand and supply of this drug.

Explanation:

In this case, if marijuana were to decriminalized, demand would be skyrocket in the short-term. It will achieve equilibrium once it is set to be recreational use only.

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4 years ago
How is the model of microeconomic supply and demand different from the model of aggregate supply and aggregate demand?
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Aggregate supply and demand pertains to how groups of people do business. On the order of Adam Smith's, "Wealth of Nations". Or macroeconomics. Microeconomics usually deal with individual entrepreneurs or small groups of individuals so is business on a much smaller scale.  
7 0
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