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hodyreva [135]
3 years ago
5

You are the owner of a shoe company. You learn that it would be cheaper

Business
1 answer:
diamong [38]3 years ago
3 0

Answer:

Being a businessman and being charitable at the same time is just next to impossible at the time of expanding one's firm.

Explanation:

A business person's main motive has to be his ability to expand, so that he reaches that particular stage to do some charity for his fellow citizens. If you look at the unemployment part, then you must know that every person is somehow talented and in countries like the US, no one lives unemployed.

Therefore, it is necessary for a business person to calculate the cost factors, that does not only include the cost of labors, but also the cost of exporting the materials to Bangladesh and the cost of importing the final products. Then he needs to compare the total cost making the shoes in Bangladesh with making them via the US labors, and then take the decision accordingly.

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A service contract for a video projection system costs $80 a year. You expect to use the system for six years. Instead of buying
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The future value of the annual amounts after six years, earning an annual rate of return of 3% is $517.47

What is the future value of an ordinary annuity of $80 per year for six years earning a rate of 3% annually?

Note that the $80 that would have been paid for the video projection system would be invested at the end of each year, in other words, we would invest an equal amount every year for six years, hence, the future value formula of an ordinary annuity is the most appropriate to determine the value of the savings after six years

FV=annual savings*(1+r)^N-1/r

annual savings=$80

r=rate of return=3%

N=number of annual savings for 6 years=6

FV=$80*(1+3%)^6-1/3%

FV=$80*(1.03)^6-1/0.03

FV=$80*(1.194052296529-1)/0.03

FV=$80*0.194052296529/0.03

FV=$517.47

brainly.com/question/14761171

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2 years ago
All of the following statements about GDP are false except Group of answer choices Higher GDP reflects more equal distribution i
zheka24 [161]

Answer:

Higher GDP reflects higher economic growth of an economy

Explanation:

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Items not included in the calculation off GDP includes:  

1. services not rendered to oneself

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5. sale or purchase of intermediate products

6. Measures for calculating happiness. so higher GDP doesn't indicate higher happiness

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