Answer:
Over the last two years, small businesses have taken to the electronic space as a means of expanding their businesses.
This e-commerce trend experienced an upward spike during the C-19 Pandemic. As businesses were forced to operate remotely, necessity which is the mother of invention, started to thinking of ways to restructure their businesses to operate more electronically using a wide array of online tools and technology.
In a recent survey, 10 out of 50 businesses said they were not reverting back to their former model of operations as they had realised that it was completely unnecessary.
Top reasons given are:
- Given the shedding of operation load and streamlining to basic functions whilst retaining the quality of product and or service, they also shed a lot of costs which increased their bottomline;
- emote service deliveries enabled them to get into more territories that they couldn't access prior to the C-19 pandemic. Thus leading to an expansion of clientele/market share.
Answer:
$34,244.98
Explanation:
For computing the settlement worth in present value terms first we have to determine the future value which is shown below:
Value at year 4 = Annuity × [1 - 1 ÷ (1 + interest rate)^number of years] ÷ interest rate
= $7,275 × [1 - 1 ÷ (1 + 0.07)^7] ÷ 0.07
= $7,275 × [1 - 0.6227497419
] ÷ 0.07
= $7,275 × 5.3892894016
= $39207.08
Now the present value is
As we know that
Future value = Present value × (1 + interest rate)^number of years
$39,207.08 = Present value × (1 + 0.07)^2
So, the present value is
= $39,207.08 ÷ 1.1449
= $34,244.98
We simply applied the above formula so that the present value comes i.e today's value
Answer: $24,000
Explanation:
Under the defined contribution Keogh plan, Harvey is allowed to contribute the lesser amount of either $57,000 or 20% of his self-employed income from business.
20% of income is;
= 20% * 120,000
= $24,000
This is less than the maximum of $57,000 and so is the amount that Harvey can contribute to his retirement plan.
Hahahaha basic its only letter a
Answer:
Option C is the correct option.
Explanation:
As the rights and obligation of the antique rocking chair are been passed to third party, so the damage caused by the checque been bounced is the monetry consideration agreed between the party to the contract, McGraw and Tellis. So Tellis may recover money damages from McGraw. However there is a special condition that can allow Tellis recover his asset from Rio if the third party knew before purchase of this asset, that the checque paid to Tellis by McGraw was dishonoured but still he contracted with McGraw to acquire the antique rocking chair.
Overall the option C is the correct option with which the case scenario relates.
