Answer: Department store
Explanation: When an establishment offers products and services to end or final consumers in various product segments or categories, such stores are usually referred to as department stores. The word department means each product offering is separated or segmented with varieties to choose from. In the scenario above, Nicoloss store is composed of departments ranging from Clothing, Cosmetics, travel bags, furniture, which gives shoppers the opportunity to purchase from different categories of products on offer within the walls of a single store.
Answer:
Net present value = $13,110
Explanation:
The computation of the net present value is shown below:
Years Cash flows Present value factor Present value
0 -$400,000 1 -$400,000 (A)
1 $200,000 0.893 $178,600
2 $150,000 0.797 $119,550
3 $90,000 0.712 $64,080
4 $80,000 0.636 $50,880
Net present value $13,110 (B - A)
Three of my financial goal is to save up 20% of my salary in the bank per month. This is a short term goal because the time frame is only after every month.
Then, save up money to start a business is somehow a long-term goal already since there are a lot of things to get through before finally reaching that goal.
Lastly, save up money for retirement. To be able to have a peaceful retirement life, one should prepare for it by not spending too much while still earning. This, of course, is a long-term goal.
