What does the cio in a company do

You have two options to repay a loan. You can repay $6,000 now and $5,940 in one year; or you can repay $12,000 in 6 months. Fin

Brums [2.3K]

Answer:

We will consider positive interest rate which is i=0.21 or i=21%

Explanation:

The formula for Future value is:

$FV=PV(1+i)^n$

The present value will become:

$PV=FV(1+i)^{-n}$

where:

n is the number of years

Since the condition is same present value,so the given data form the equation:

$6000+5940(1+i)^{-1}=12000(1+i)^{-1/2}$

Divide above equation by $(1+i)^{-1}$

$6000(1+i)+5940=12000(1+i)^{1/2}$

Let $z=(1+i)^{1/2}\\$ . Above equation will become:

$6000z^2+5940=12000z$

Rearranging above equation:

$5940-12000z+6000z^2=0$

Solving the quadratic equation:

z=1.1, z=0.9

Let $z=(1+i)^{1/2}\\$ will become:

$z=(1+i)^{1/2}\\\\z^2=1+i$

$i=z^2-1$

For z=1.1

$i=(1.1)^2-1\\i=0.21$

For z=0.9

$i=(0.9)^2-1\\i=-0.19$

we will consider positive interest rate which is i=0.21 or i=21%

7 0

2 years ago

Product, price, promotion, and place make up the __________.

vivado [14]

Answer:

d. Marketing Mix

Explanation:

Target Market is the group of people with specific problem and seeking a solution and ready to spend on it.

Market Segment is dividing a market into sub sets of consumers, businesses or countries who have common needs.

Market Position is organizing for a product by clear minds of target customer relative to competing products.

Marketing Mix is the combination of four P's: Product, Price, Promotion and Place.

8 0

2 years ago

If the world price for good A is above the domestic price for good A without trade, then producer surplus will ________ and tota

goblinko [34]

Answer:

The correct answer is letter "B": increase; decrease.

Explanation:

Producer surplus is the difference between the price at which the manufacturer actually sells a product and the minimum price the manufacturer would have accepted. The surplus results from the producer being able to sell their goods at a market price higher than their minimum price.

So, if producer A manufactures a product that is being sold at a higher price level abroad, its producer surplus will increase. However, the overall economic surplus with trade will decrease since the introduction to producer A to the market will allow consumers to purchase the goods at a lower price.

6 0

3 years ago

Lakeside Manufacturing provided the following information for the month ended March 31:Sales Revenue$26,000Beginning Finished

solmaris [256]

Answer:

cost of goods available for sale= $29,100

Explanation:

Giving the following information:

Sales Revenue$26,000

Beginning Finished Goods Inventory8,000

Ending Finished Goods Inventory13,500

Cost of Goods Manufactured15,600

cost of goods available for sale= beginning finished goods inventory + purchases

We have to find the amount of purchases.

We know that:

cost of goods manufactured= Beginning Finished Goods Inventory + purchases - Ending Finished Goods Inventory

15600= 8000 + purchases - 13500

purchases= 15600 - 8000 + 13500

purcases= 21,100

cost of goods available for sale= 8000 + 21100= $29,100

5 0

3 years ago

free pdf community revival in the wake of disaster: lessons in local entrepreneurship (perspectives from social economics)

Bogdan [553]

According to Community Revival in the Wake of Disaster, entrepreneurs, broadly considered as those who spot and seize opportunities to foster social change, fulfill this crucial function.

It can be challenging to recover after natural disasters like tsunamis, hurricanes, earthquakes, and floods. Residents of communities must be able to both obtain the resources they need for reconstruction and get around the issue of collective action that plagues post-disaster relief efforts.

The community revival in the wake of disaster illustrate how entrepreneurs support community recovery by providing necessary goods and services, restoring and replacing disrupted social networks, and signaling that community rebound is likely and, in fact, underway. The recovery efforts following Hurricanes Katrina and Sandy in New Orleans, Louisiana, and Rockaway, New York, are used as examples. They contend that encouraging businesses to take action after natural disasters is crucial for establishing recovery and resilient communities.

To learn more about natural disaster click here:

brainly.com/question/932110

#SPJ4

3 0

1 year ago