1 - Point-of-Sale Display
2 - Sampling
3 - In-Store Promotion
4 - Event Marketing
Answer:
a) $903.3
b) $907.14
c) $909.13
d) $910.47
Explanation:
Data provided in the question:
Principle amount = $675
Now,
Future value =
here,
n is the number of periods
r is the Annual rate of interest
t is the time in years
Thus,
a) For 6% compounded annually for 5 years
r = 6% = 0.06
n = 1
t = 5
Future value = $675 ×
or
Future value = $675 × 1.338226
or
Future value = $903.3
b) For 6% compounded semiannually for 5 years
r = 6% = 0.06
n = 2
t = 5
Future value = $675 ×
or
Future value = $675 × 1.343916
or
Future value = $907.14
c) For 6% compounded quarterly for 5 years
r = 6% = 0.06
n = 4
t = 5
Future value = $675 ×
or
Future value = $675 × 1.346855
or
Future value = $909.13
d) For 6% compounded monthly for 5 years
r = 6% = 0.06
n = 12
t = 5
Future value = $675 ×
or
Future value = $675 × 1.34885
or
Future value = $910.47
The Tragedy of the Commons is eliminated when property rights are assigned to individuals.
Explanation:
The tragedy condition of the popular is that particular users, individually behaving according to their needs, are opposed to the general good of each user by their collective behaviour by depleting or spoiling the public resources.
The top-down policy oversight or overt supervision of a common pool tool is one potential remedy. Regulating use and use, or prohibiting such persons lawfully, can minimize over consumption and government expenditure in resource management and regeneration can help avoid this degradation.
Answer:
The journal entry is as follows:
Cash A/c Dr. $51.45
To Paid in capital in excess of par value A/c $51.42
To Common shares A/c $0.03
(To record the sale of the shares)
Note: The amount mentioned in debit and credit column in the above journal entry are in the millions of dollar.
Workings:
Cash = Shares sold × shares closing price
= $3 million × $17.15
= $51.45 million
Common shares = Shares sold × Par value per share
= $3 million × $0.01
= $0.03 million
Paid in capital in excess of par value = Cash - Common shares
= $51.45 - $0.03
= $51.42