Answer:
There are a thousand and one scenarios that would make me break my piggy bank.
Explanation:
If I came across a very good deal, I'd draw from my financial reserve and empty it if need be to take advantage of such an opportunity.
Imagine for instance that a 2020 Chevrolet Silverado 2500HD truck which normally goes for about $34,000 is suddenly available for whatever legitimate reason for about $10,000 and its only 3 months old without dents or any mechanical fault, perhaps the owner needs cash for something equally more profitable to them, I'd grab the opportunity to buy it and resell at a higher price in order to turn a decent profit.
For a car that has only been used for three months, I can resell easily and very quickly at half the original price making a $7,000 in profit or I decide to hold on a little while can actually sell at a much higher price for nearly $30,000 perhaps one or two thousand dollars less and still make an extremely good profit.
Cheers
Answer:
(A) a power company needing solar panels
(B) a local fresh market a business working with trained animals
(C) a person buying large quantity of wheat
Explanation:
The Agriculture, Food, and Natural Resources career cluster. Gives a workpath that specializes in areas covering natural resources conservation and improvement. (See image attached.) Image taken from Nebraska University Career cluster description
Answer:
The amount that will be received today is $2518857.85
Explanation:
To calculate the amount that will be received today, we need to discount the amount that will be received three years from now for a period of 3 years using the given discount rate. As there is only a single cash flow, we will use the formula for present value of principal.
The present value of principal is,
Present value = Cash flow / (1+d)^t
Where,
- Cash flow is the amount for which we have to found the present value
- d is the discount rate
- t is the time in terms of number of periods
- Here the t is in years and the number of periods is 3 years
Present value = 3000000 / (1+0.06)^3
Present value = 2518857.849 rounded off to $2518857.85
Answer:
Option A The impact of a change in the local currency on inflow and outflow variables can sometimes be indirect and therefore different from what is expected.
Explanation:
The reason is that the changes in the currency exchange rate in which the company receives the payment and is also not a home currency, such risk exposure is known as economic exposure. So the only option that correct here is option A.
Option B is incorrect because depreciation is non cash item and it is not exposed to currency fluctuations.
Option C and D are also incorrect because domestic firms don't face any economic exposure.
Based on the fact that the demand elasticity is 0.91, the revenue-maximizing decision would be to d. increase tuition, which would generate more revenue.
<h3>Why is this the revenue-maximizing decision?</h3>
When the demand elasticity is below 1 as is the case here, it means that demand is inelastic.
When demand is inelastic, an increase in price will lead to a lower decrease in demand. This means that increasing prices for enrollment in this college will bring in revenue because there won't be much change in demand.
In conclusion, option D is correct.
Find out more on demand elasticity at brainly.com/question/6791468.
