Answer: $35,000
Explanation:
Implicit rental price = Interest payment + Depreciation
Interest payment = 5% * 500,000
= $25,000
Implicit rental price is therefore:
= 25,000 + 10,000
= $35,000
Investment banking<span> and </span>commercial banking<span> are two divisions of the </span>banking
<span>industry that provide substantially </span>different<span> services. </span>Investment banks<span> expedite the purchase and sales of bonds, stocks and other </span>investments<span> and aid companies in making initial public offerings</span>
Answer:
$929.15
Explanation:
In this question,we compare the present value and the difference should be reported in the answer
As we know that
Future value = Present value × (1 + interest rate)^number of years
In the first case
$23,000 = Present value × (1 + 0.11)^15
So, the present value would be
= $23,000 ÷ 1.11^15
= $23,000 ÷ 4.7845894883
= $4,807.099
In the second case
$23,000 = Present value × (1 + 0.097)^15
So, the present value would be
= $23,000 ÷ 1.097^15
= $23,000 ÷ 4.0095848986
= $5,736.25
So, the difference is
= $5,736.25 - $4,807.099
= $929.15
Answer:
Market survey
Explanation:
For Donna to open a new business in which she will be successful and very profitable she needs to know what problem/need her new business/product can solve in the society. this is very important to know before engaging in any form of business because businesses that solve problem/needs of its community tend to strive better even in a bad economy.
The best marketing strategy to determine this need/want is called Market survey. this survey can be carried out by creating a one page questionnaire about her intended product and post/send it to the relevant audience for appropriate feedback and also to professionals in her intended product. the feedback she gets from the questionnaire will help inform her on the best product to sell.
Answer:
Demand conditions
Explanation:
Demand conditions means the size and the nature of the customer base for the products that could result in innovation and the improvement related to the product.
Since in the given situation it is mentioned that their products contains less cost but they develop the best quality shoes also they innovate the products from time to time so this represent the demand conditions
