Answer: The Multiconcept restaurant is beneficial to both restaurant chains
Explanation:
If they share resources then they are saving 30% in fixed costs even though they are losing 20% in sales.
If the losses in sales are subtracted from the savings in fixed costs, it means that both Taco Bell and KFC are benefitting by 10%.
This shows that the decision to open a shared facility versus two separate facilities is beneficial to both restaurants on a net benefits basis as the savings in fixed costs from sharing facilities outweighs the losses in sales probably resulting from not offering a full menu.
Answer:
$282,706
Explanation:
Calculation to Determine the purchase price of the house
First step
In order for us to determine the purchase price of the house we would be using TVM Calculation to find the PMT
Hence,
PMT =
PV = 200,000
FV = 0
N = 240
I = 0.084/12
Thus,PMT = $1,723.01
The Second step will be to Calculate the Loan Amount Using TVM Calculation,
PV =
FV = 0
PMT = -1,723.01
N = 360
I = 0.084/12
Thus, PV = $226,164.98
Last step is to Determine the purchase price of the house
Using this formula
Purchase price=PV/(100%-20% down)
Let plug in the formula
Purchase price =226,164.98/(0.80)
Purchase price = $282,706
Therefore the purchase price of the house will be $282,706
Answer:
The correct answer is letter "C": individualism.
Explanation:
Individualism is an economic idea that promotes less government intervention. In this economic scenario, individuals are the main characters influencing the fluctuations of the market based on demand and supply principles. Individualism is in favor of private ownership and self over collective interest.
A corporation is a complicated commercial enterprise as compared to a sole. the procedure of filing all relevant legal documents to sign in a business enterprise with the authorities is referred to as Taxation.
A corporation conducts enterprise, realizes net earnings or loss, will pay taxes, and distributes profits to shareholders. The earnings of an enterprise are taxed to the corporation while earned and then are taxed to the shareholders when allotted as dividends.
A corporation is a popular connection with a business whereas a business enterprise is a reference to a particular sort of commercial enterprise entity. An agency is owned by its shareholders while a business enterprise may be owned both by the enterprise proprietor in full (sole proprietorship), numerous people (partnership), or others (shareholders).
Learn more about corporation here:
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Answer:
- <u>7 years and 9 months.</u>
Explanation:
You can calculate the number of years needed to the <em>$11,000 grow to $22,000</em>, using the compound interest formula, with:
- Present value or investment: <em>$11,000</em>
- Assume monthly compound interest: r = 9%/12 = 0.09/12 = 0.0075
- Future value: <em>$22,000</em>
The equation is:

Where r is the monthly compound interest (r = 0.0075) and t is the number of months.
Substitute and solve for t:

