'Structural unemployment arises from longer term changes in

Doris's Fashions has just signed a $2.2 million contract. The contract calls for a payment of $0.6 million today, $0.8 million o

Pavlova-9 [17]

Answer:

$2.02 million

Explanation:

We need to calculate the present value of Doris's contract given the following three cash flows:

Year 0 $0.6 million

Year 1 $0.8 million

Year 2 $0.8 million

interest rate = 8.2%

present value (in million) = $0.06 + ($0.8 / 1.082) + ($0.8 / 1.082²) = $0.6 + $0.74 + $0.68 = $2.02 million

*present value formula = future value / (1 + r)ⁿ

4 0

3 years ago

Discretionary fiscal policy

Furkat [3]

The answer is option "d", all of the above.
<span>Discretionary fiscal policy
</span><span>a. may reassure investors and consumers that the federal government will be able to avert a major economic downturn.

b. is not very effective in influencing real GDP during normal times because of time lags.

c. can be very effective in influencing real GDP during abnormal times, such as when a nation is at war.

</span>We can define discretionary fiscal policy as when there is a change in government expenditures or taxes to gain national economic goals.

7 0

3 years ago

In todayâs workplace, teams are a vital force, and the majority of business professionals must collaborate on the job. The trend

Sphinxa [80]

Answer:

c) response more quickly

Explanation:

Teamwork refers to working in collaboration towards attainment of a common goal. Teamwork leads to synergistic gains as the collective group work exceeds the work carried out individually.

Following points highlight the importance of team work in an organization:

Promotes problem solving skills: Working in a team helps individual develop problem solving skills.
Improved coordination and communication: Teamwork leads to better familiarity and thus improves coordination.
Increased efficiency and quicker responses: Teamwork leads to synergistic gains as collective effort exceeds individual effort and also expeditious performance.
Promotes learning: One to many interactions among team members promotes learning
Builds a sense of belonging: Since all team members are united by one common goal, teamwork builds a sense of belonging w.r.t organization.

5 0

3 years ago

Which of the following describes an effective strategy for protecting yourself against identity theft?

Assoli18 [71]

C is your best answer

5 0

3 years ago

Read 2 more answers

Kiddy Toy Corporation needs to acquire the use of a machine to be used in its manufacturing process. The machine needed is manuf

Natasha2012 [34]

Answer:

Kiddy Toy Corporation

The company should lease. It will save $30,123 by leasing than by buying the machine.

Explanation:

a) Data and Calculations:

1. Buy Machine:

Initial cost = $170,000

Annual Insurance Premium = $15,000

Interest rate = 12%

Estimated useful (Lease Period) = 15 years

Insurance Premium for 15 years (PV) = $102,162.97

PV of Salvage value ($20,000 * 0.183) = $3,660

Total cost of buying machine = $268,503 ($170,000 + $102,162.97 - $3,660)

Present value of lease payments = $238,380

NPV of leasing over buying = $30,123 ($268,503 - $238,380)

N (# of periods) 15

I/Y (Interest per year) 12

PMT (Periodic Payment) 35000

FV (Future Value) 0

Results

PV = $238,380.26

Sum of all periodic payments = $525,000.00

Total Interest = $286,619.74

Insurance Premium:

N (# of periods) 15

I/Y (Interest per year) 12

PMT (Periodic Payment) 15000

FV (Future Value) 0

Results

PV = $102,162.97

Sum of all periodic payments $225,000.00

Total Interest $-122,837.03

5 0

3 years ago