Answer:
A Mission and Vision Statement for Misty Mount Corporation.
Explanation:
A Mission & Vision statement is vital for any corporation.
The mission statement defines the fundamental purpose of the corporation and provides a coherent guide for the decision making process.
The vision statement ensures that the decisions that are made are in sync with what the corporation wants to achieve.
Answer:
$100,000
Explanation:
The computation of the amount of cash paid for the purchase of equipment is shown below:
= Ending balance of an equipment + book value of the equipment - beginning balance of an equipment
= $420,000 + $20,000 - $340,000
= $440,000 - $340,000
= $100,000
We simply applied the above formula so that the amount of cash paid for the purchase of the equipment could come
Answer: a. 0.042 b. 0.086 c. 0.00692
Explanation:
NOTE: Convert months to years. So 24 months = 2 years.
a. Six months
Months to year conversion gives: 6months/24months as 1/4 years
= (1 + 18%)^ 1/4 — 1 x 100%
= 1.042 — 1
= 0.042
Equivalent Discount Rate = 0.042
b. One year
12months/24months as 1/2 years
= (1 + 18%)^1/2 — 1 x 100%
= 0.086
Equivalent Discount Rate = 0.086
c. 1 month
1month/24months as 1/24 years
= (1 + 18%)^1/24 — 1 x 100%
= 0.00692
Answer:
The correct answer is the option A: social marketing.
Explanation:
To begin with, the concept called <em>''social marketing''</em>, in the world of business, refers to the process of implementing the marketing mix strategies to the organization with the purpose of focusing and caring about the good of the community as a whole. Moreover, it also benefits the company due to the fact that it shows a great corporate social responsibility. Furthermore, it aims to influence behaviors that benefit individuals and societies for the greater social good.
Answer:
<u>X= $15,692.9393</u>
Explanation:
Giving the following information:
Number of years= 30
Final value= 1,000,000
First, deposit $10000 for ten years (last deposit at t=10).
After ten years, you deposit X for 20 years until t=30.
i= 6%
First, we need to calculate the final value in t=10. We are going to use the following formula:
FV= {A*[(1+i)^t-1]}/i
FV= {10000*[(1.06^10)-1]}/0.06= $131807.9494
We can calculate the amount of money to input every year. We need to isolate A:
A= (FV*i)/[(1+i)^n-1]
First, we need to calculate the final value of the $131807.9494
FV= PV*[(1+i)^n]
FV= 131807.9494*1.06)^20= 422725.95
We need (1000000-4227725.95) $577274.05 to reache $1000000
A= (FV*i)/[(1+i)^n-1]
A= (577274.05*0.06)/[(1.06^20)-1]= 15692.9393
<u>X= $15,692.9393</u>
