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Sauron [17]
3 years ago
13

Kathy quit her job as a financial advisor

Business
1 answer:
lakkis [162]3 years ago
4 0
Kathy quit her job Because she was tired of her job as a financial advisor
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Lang Warehouses borrowed $196,401 from a bank and signed a note requiring 7 annual payments of $33,942 beginning one year from t
Snezhnost [94]

Answer:

5%

Explanation:

Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested

IRR can be calculated with a financial calculator  

The interest rate implicit in the agreement can be determined by finding the internal rate of return.

Cash flow in year 0 =  $-196,401

Cash flow each year from year 1 to 7 = $33,942

IRR = 5%

To find the IRR using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.  

5 0
3 years ago
Kevin Abt noticed that people were cooking meals in their homes less often but wanted to avoid the hassle of going out to eat. T
masha68 [24]

Answer:

Opportunity.

Explanation:

There was an opportunity presented when Kevin noticed that people do not want to cook at home but also they do not want to go through the hassle of going out to buy food. A need was identified and the solution was the Takeout Taxi initiative that delivers restaurant-prepared food to customers.

Costumers that did not want to cook at home and did not want to go out were now satisfied by this service.

5 0
3 years ago
Read 2 more answers
The U.S. service economy: a. is easily distinguishable from manufacturing firms. b. accounts for a significant portion of the U.
Nataly [62]

Answer:

b. accounts for a significant portion of the U.S.'s economic output

Explanation:

  • The U.S economy is an economy where the main economic activity is the provision of the services rather than the manufacturing of goods and based on the growth of the services. And it accounts for a large shares of the U.S economic output of trade and commerce.
5 0
3 years ago
One type of mutual fund does not endeavor to achieve the goals of a balance of bonds and stock or​ growth, income, and stability
jonny [76]

The correct answer is the Life Cycle Fund.

The Life Cycle Fund is a mutual fund that is automatically adjusted during the life of the fund. The fund managers work to balance the investments in the fund to match an investor's age and risk tolerance as the investor gets closer to retirement.

3 0
3 years ago
Entrepreneurs work well under pressure because:
Darya [45]

Answer:

Letter d is correct. <u>They have a lot of energy.</u>

Explanation:

Entrepreneurs need to be high-energy people because they are naturally leaders in an organization and motivate employees.

The attitude that an entrepreneur adopts will usually be copied and transmitted in the organizational culture, but the ideal is that entrepreneurs prove to be high performance and energetic people, prepared to deal with the challenges and uncertainty that may occur in the organizational process, people who follow the line. the set of organizational ethics and policies.

The business posture is essential to cope with the daily pressures of running work systems.

5 0
3 years ago
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