Answer: $20,181.21
Explanation:
First find the value of the Porsche at the end of 6 years:
= Current price * ( 1 + growth rate) ^ number of years
= 125,000 * (1 + 2%) ⁶
= $140,770
Abigail needs to have $140,770 at the end of 6 years. She would need to deposit a certain amount every year to get to that amount. This amount would be an annuity because it is constant.
Future value of annuity = Annuity * Future value interest factor of annuity, 6 years, 6%
140,770 = Annuity * 6.9753
Annuity = 140,770 / 6.9753
= $20,181.21
D is correct! There is a federal agency called the SBA which provides support to entrepreneurs and small businesses.<span />
The common ways through which firms fail financially includes under-capitalization, poor control over cash flow and inadequate expense control.
Majority of firms who failed financially are those firm with outdated financial plan or lack of current trend in the industry.
Why firms fail financially includes:
- Under-capitalization which is when the firm does not have sufficient capital to conduct normal business operations and pay the creditors.
- Poor control over cash flow is when the firm does not have firm control over the cash going in and out of the organization.
- inadequate expense control is when the firm does not effectively control the amount of expenses incurred for operation.
In conclusion, the common ways through which firms fail financially includes under-capitalization, poor control over cash flow and inadequate expense control.
Read more about Financial irresponsibility
<em>brainly.com/question/1675177</em>
Answer:
a. Collaborative
Explanation:
Based on the information being provided in regards to how Olivier leads his team it seems that he is a collaborative leader. This is a type of leadership approach where the leader and employees work together in order to get everything done as a whole. Which seems to be the case in this situation since Olivier is displaying many of the traits associated with this leadership style such as , people skills, adaptation, enthusiasm for work, etc.
Answer:
Kofi aka Da Flex
Explanation:
Not sure but i think this might be the answer