Answer:
B) The amount that would be paid today in order to receive a series of equal payments in the future
Explanation:
Present value of a cashflow by itself is its dollar value today. An Ordinary annuity is a series of recurring equal cashflows ; they occur at the end of each period like at the end of the year, end of the month, end of each quarter etc. This is unlike an Annuity due whose recurring payments occur at the beginning of each period like beginning of the year, beginning of the month, beginning of each quarter etc.
Answer:
1. quickly describe large amounts of data
2. the stock is worth 15% more at the end of the year than at the beginning
3. 9.2%
Explanation:
Descriptive statistics helps to quickly describe large amounts of data because it simply involves using certain measurement tools to describe the data seen such that patterns emerge that will help in analyzing the data. Examples include, frequency tables and measures of variation like range and standard deviation.
When a stock has a 15% return, it means that the owner is getting 15% more than the amount that the stock cost them therefore showing that the stock is worth 15% more at the end of the year than at the beginning.
The return on the stock is;
= (4.75 - 4.35) / 4.35
= 9.2%
Answer:
Break-even point (dollars)= $810,000
Explanation:
Giving the following information:
Fixed costs= $445,500
Unitary variable cost= $45
Selling price= $100
<u>To calculate the break-even point in dollars, we need to use the following formula:</u>
Break-even point (dollars)= fixed costs/ contribution margin ratio
Break-even point (dollars)= 445,500 / [(100 - 45) / 100]
Break-even point (dollars)= $810,000
Answer:
Packaging.
Explanation:
Packaging can be defined as a the process of adding or enclosing a wrapping material around a finished product in order to uniquely contain, describe, identify, protect, attract and promote the products in the marketplace.
In marketing, packaging plays a very significant role in the determination of the success of a product in the marketplace and as such should be done professionally and properly by including the necessary information and styles to attract potential customers or buyers.
Hence, attracting attention, describing contents, explaining benefits and identifying the uses of a product are all functions of packaging.
Answer:
b contractionary monetary policy will be effective.
Explanation:
Inflation occurs when excess money is used to buy goods, that is price of basket of goods rises. It results from a decline in the value of money.
Central banks are tasked with control of a country's economy and rising inflation needs to be reduced.
To do so the Central Bank uses contractionary monetary policies aimed at reducing money in circulation.
The rationale is that the more scarce money is the more the demand for it, and in turn the more value it will have.
Contractionary monetary policies includes increase in interest rate to make lending more expensive, and selling of government bonds to the public in order to mop up excess cash