India is the country projected to be the world's third major economic power within 10 years. It will provide information technology and software services to companies in other countries. Harvard researches project that this will happen because India is seeing a constant 7% annual growth rate at present. If this continues, they will be one of the leading countries for economic power compared to their South Asian rivals, particularly, China.
Answer:
The answer is: Maximum growth rate achievable excluding external financing of any kind.
Explanation:
The internal growth rate (IGR) of a company is the maximum level of business operations at which a company can function with its own resources, without obtaining external financing through issuing new debt or equity.
It measures the company's ability to increase sales and profit without any outside "help" (new debt or equity).
Answer:
I prepared the attached excel spreadsheet because there is not enough room here. The first payment is made on December 2019.
Ellie would have annual expenses of $15000+$3000+$1000+$1200+$35000=$55,200. If she cashed in her $20.000 deposit then her balance owing would be $35,200 so she would have to make at least this much or preferably the $55,200 to break even.,
