Answer: $972.74
Explanation:
From the information given, the external finance is calculated thus:
Sales growth = ($5970 - $5000) / $5000 × 100 = $970/$5000 × 100 = 19.4%
Then, we calculate the net income which will be:
= Sales - Cost
= $5970 - ($3410 × 1.194)
= $5970 - $4071.54
= $1898.46
Total asset = $14800 × 1.194 = $17671.20
Total equity = $3800 + $1898.46 = $5698.46
External financing needed:
= Total assets - Total equity - Debt
= $17671.20 - $5698.46 - $11,000
= $972.74
Lori will make $27.00 more.
Step-by-step explanation:
The formula to calculate simple interest is
A = P(1+rt)
P = Principal amount
r = rate of interest ( in decimal )
t = time
First we calculate Darryl's deposit, so put the values in the formula
A = 1,500(1 + 0.027×10)
A = 1,500 ( 1+0.27 )
A = 1,500 × 1.27
A = $1905
Now we will calculate Lori's deposit
A = 1,400 ( 1 + 0.038 × 10 )
A = 1,400 ( 1 + 0.38 )
A = 1,400 × 1.38
A = $1,932
Lori will make money after 10 years = $1,932
Darryl will make money after 10 years = $1905
so Lori will make more than Darryl, the difference will be = 1,932 - 1,905 = $27
After 10 years Lori will have make $27.00 more in their account.
Answer:
what is this i don't know hope I will understand plz don't be angry
Production possibilities curve between the two goods will be a straight, downward-sloping line if the opportunity cost rise.
<h3>What is production possibilities curve?</h3>
The production possibilities curve serves as graph that display the relationship between the resources and the output that can be produced.
Therefore, when the opportunity cost that exists between two goods, there will be. downward slope as regards the production possibilities curve.
Learn more about production possibilities curve at;
brainly.com/question/2601596
#SPJ1
The available options are:
a. duress.
b. undue influence.
c. fraud in the inducement.
d. fraud in the execution.
Answer:
fraud in the inducement.
Explanation:
Inducement is a term that describes an action or undertaking that is used by one party to persuades another party into taking actions that he or she would ordinarily not take.
On the other hand, fraud is a form of pretense or intentional misrepresentation purposely created to acquire gains, mostly in terms of finances.
Hence, in this case, considering the available options, the right is fraud in the inducement.
