The 2-year discount factor is 0.92. The present value of $1 to be received in year 2 is $ 0.92.
Given :
Amount receivable is $ 1.00
2 year discount factor is 0.92
Present value 1*0.92 = $ 0.92
The process of raising money or capital for any form of spending is referred to as finance. It involves directing different sources of funding, such as credit, loans, and investment money, to the businesses that can use them most effectively.
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Answer: Protect people from severe and sometimes fatal electrocution by monitoring for electrical leakage to ground.
Explanation:
The main purpose of a Ground Fault Circuit Interrupter (GFCI) is to ensure that when a person gets electrocuted, the flow of electricity is cut off quickly so that no serious injuries or death occurs.
It works by monitoring the electrical leakage to the ground by checking to see if the current going to and coming from the equipment differ by a certain amount and if it does, the GFCI will interrupt the circuit.
Answer:
a. $13,000
Explanation:
Calculation for what royalty revenue should be
First step is to find the estimated amount for the second half of the year
Royalties for the second half =
15%*$30,000
Royalties for the second half= $4,500
Now let Compute for the total royalty revenue
Total royalty revenue for 20X5=$8,500+$4,500
Total royalty revenue for 20X5=$13,000
Therefore the royalty revenue should be $13,000
Answer:
B. the door-in-the-face strategy
Explanation:
The door-in-the-face strategy is a largely used method in social psychology, marketing and sales. It starts with the seller/advertiser/persuader having a big request for the other person, knowing it will probably be turned down. Afterward, the seller/advertiser/persuader proposes a smaller request.
Many studies and researches have shown that people would more often <em>say yes</em> to the smaller request when it is made following the large request, rather than the small request being proposed alone.
In this example, the advertising committee is hoping that people would surely accept the smaller lawn sign after they initially propose the big sign, due to this strategy.
