Answer:
It is not economically rational for Daniel to enroll in the course
Explanation:
Increase in income = $23,000 - $18,000 = $5,000
i = 10% = 0.1
NPV = -(18,000 + 1,000) + 5,000/(1.1)^1 + 5,000/(1.1)^2 + 5,000/(1.1)^3
NPV = -17,000 + (4545.45 + 4132.22 + 3756.74)
NPV = -17,000 + 12,434.41
NPV = -4,565.59
Conclusion: Since NPV is Negative. Therefore, it is not economically rational. So the answer is NO.
Answer:
Option ( a ) is Correct
Explanation:
Emphasizes that it is difficult to develop and sustain a competitive advantage based on resources alone.
A firm can not sustain and develop a sustainable competitive advantage solely based on resources there are many more things that firms shroud consider like these resources should be inimitable.
Answer:
1. Functional currency is the currency in which most of the business transactions of the company are carried out. In the given case, Kanquo is assumed to be the functional currency and therefore all the financial statements of Lancer Inc. will be consolidated in Kanquo currency. Therefore, no exchange rate will be applied if Kanquo is the functional currency of Lancer Inc.
2. If Dollar is the functional currency then all the reported amounts of foreign subsidiary will be consolidated by using the exchange rate of U.S Dollar. In the given case, following is the excha
Explanation:
Odell and Stephany are likely to give conflicting advice to policy makers.
<h3>What is an economic model?</h3>
These are the models that are used to describe reality based on the economic behaviors that have been tested.
The question here says that the both of them used different assumptions in the analysis that they did.
This may cause them to give conflicting advices because they would give the advices based on the assumptions that they have.
Read more on economic models here:
brainly.com/question/7967610
Answer: 1.27
Explanation:
The acid test ratio of a company measure how well a company would be able to pay off its current liabilities using its most liquid current assets (current assets less inventory).
= (Cash + Accounts Receivable) / Current liabilities
= (40,000 + 55,000) / 75,000
= 95,000 / 75,000
= 1.27