Solution:
Sum Present value of 60 payments
Rent 2000
Periods 60
Rate 12%
Present value of 60 payments $94,405 (Excel = PV( 1% , 60 , 2000))
Future value of these payments at t=9
Future value $1,03,249.99(Excel=FV(1%,9,94,405)
Periods 51
Rate 12%
Answer:
a. Do nothing at all.
Explanation:
Since, the government knows that the price is higher than it would be in the presence of competition, it believes that such profits are crucial to incentivizing innovation in the high-tech industry, a policy goal of the government shall be to leave it alone.
The government has four potential policy paths to pursue when faced with a monopoly or powerful oligopoly
Answer:
Informative
Explanation:
It would use <u>informative</u> advertising
Answer:
<em>Quasi Contract</em>
Explanation:
A quasi contract <em>is a two-party retroactive agreement that has no prior commitments to each other.</em> A judge creates it to correct a situation where one party at the expense of the other obtains something.
The agreement is intended to prevent one party from taking undue advantage of the situation at the expense of the other party.
Answer:
The correct answer is letter "B": January 1, year 5.
Explanation:
The S corporation election must be made by the <em>15th day of the third month of the taxable year</em> <em>to be valid for the current taxable year</em>. If the election is made after that date, it will take effect on the first year of the next taxable year. Since Village Corp. changed into S corporation on December 5th, year 4, Village's S status will begin on January 1st, year 5.
