Answer:
$12,936,120
Explanation:
The formula for calculating compound interest
=FV = PV × (1+r)n
Fv = future value
PV present value
r interest rate =10 %
t =time = 5 years
Future value= 12million x(1+10/100)5
=12,000,000 x (1+0.1)5
=12,000,000x1.61051
= $12,936,120
Answer: business to consumer
Explanation:
E-commerce simply means buying of goods and services online through the internet. Since it's a digitalized world now, this is common.
In the business to consumer form of e-commerce, firms want to develop buyer loyalty and repeat business but seldom develop a close working relationship with individual buyers.
Answer:
see explanation
Explanation:
Cost of goods sold = Opening Finished Goods + Cost of Goods Manufactured - Ending Finished Goods
Therefore apply the 22,000 to determine the Cost of Goods Manufactured and then the Cost of goods sold.
Answer:
The correct answer is B. the expected interest rate for the next year and the current value of the furniture.
Explanation:
To compute the cost of owning the furniture for the next year we need 2 bits of information, the expected interest rate for the next year and the current value of the furniture.
As we need the cost of the next year, we don´t care about the interest we pay in the past. We need what we have to pay in the future.
And also , we need the current value of the antique furniture so we can know the cost of opportunity of running the antique furniture. ( If we don´t run this business , what can we do with that money?)
