Answer:
I will need to invest 64,669.73 dollars now.
Explanation:
We will calcualte the future value of the cabin considering the inflation:
Principal 150,000.00
time 15 years
inflation 0.04000
Amount 270,141.53
Then we calculate the present value of the lump sum at 15 years discounted at 10% which is the yield of the funds
Maturity 270,141.53
time 15 years
rate 0.10
PV 64,669.73
we would need to deposit 64,669.73 today to get enough cash to purchase the bcabin in 15 years.
1. Leads to happier employees — who stick around longer. Assisting your team in obtaining industry designations shows them you share in their desire to be the best they can be.
2. Encourages greater peace of mind.
3. Gives your clients greater confidence in your business.
Answer:
1) 2,475
down payment+security deposit+acquisition fee= total cost
sorry if I miss something
Answer: It will reduce taxes by $2.8 million.
Explanation:
Expenses are tax deductible which means that the advertising expense will reduce tax by 35% of it's value.
= 8,000,000 * 35%
= $2,800,000
Expenses of $8,000,000 will reduce pre-tax profit by the same amount which would lead to taxes being $2,800,000 lower.
Answer:
b. Hiring other firms to do the work
Explanation:
Subcontracting is the practice of hiring or outsourcing, part of the obligations , duties and work under a contract to another firm. this firm is known as a subcontractor
