Answer:
$19,144.61
Explanation:
The first step would be to determine the present value of $1.25 million. After, the future value of that amount in 2 years has to be calculated
The formula for calculating future value:
P = FV / (1 + r)^n
FV = Future value
P = Present value
R = interest rate
N = number of years
$1.25 million / (1.135)^35 = $14,861.23
Now we find the future value using this formula :
FV = P (1 + r)^n
$14,861.23 x (1.135)^2 = $19,144.61
Answer: c. use your resources to make cards instead
Explanation:
You had the choice between making banners and making cards. You chose making banners because you thought you stood a better chance of earning returns here.
It did not work out however and returns have not been made in 4 days. It would therefore make sense to go back to the other alternative you had so that you could see if that one works so this incentive will most likely cause you to use your resources to make cards instead.
Answer:
Break-even point in miles= 8,302 miles
Explanation:
Giving the following information:
Income per mile= $0.45
Fixed costs= $2,200
Unitary cost per mile= $0.185
<u>To calculate the break-even point in miles, we need to use the following formula:</u>
Break-even point in miles= fixed costs/ contribution margin per mile
Break-even point in miles= 2,200 / (0.45 - 0.185)
Break-even point in miles= 8,302 miles
The answer from the given options is "culture shock".
Culture shock refers to an experience an individual may have when one moves to a social domain which is not quite the same as one's own; it is likewise the individual confusion a man may feel while encountering a better approach for life because of migration or a visit to another nation, a move between social situations, or basically change to another sort of life. One of the most well-known reasons for culture shock includes people in a foreign environment or situation. Culture shock can be depicted as comprising of at least one of four particular stages: vacation, arrangement, modification, and adjustment.
