The business partnership of Richard Warren Sears and Alvah Curtis Roebuck in which it formed their company named "Sears" was one of the largest department store chain in the US. Their humble beginning had started when they began selling watches through the use of mail only.
Answer:
organizes computer folders and files
Answer:
45: $10,000
46: $40,000
47: $20,000
Explanation:
Total fixed cost of Amy =
TFC = yearly fixed cost + 5% of $20,000
TFC = $9,000 + $1,000
TFC = $10,000
Total cost =
TC = Variable cost + total fixed cost
TC = $30,000 + $10,000
TC = $40,000
The total profit she accrued is the difference between the total cost and the money she'd borrowed from her parents.
$40,000 - $20,000 = $20,000
Therefore, the total profit of Amy is $20,000
Answer:
The correct answer is option A.
Explanation:
The double coincidence of wants or coincidence of wants refers to the situation where two parties possess items that the other one wants so they exchange it directly without using money.
Here, a fan possesses a Mike Trout baseball card who wants to trade it for a Giancarlo Stanton baseball card but he does not know anyone who wants a Trout card and possesses a Stanton card.
Simply put, the fan doesn't know anyone who possesses the item he wants and is willing to trade it for the item he possesses. This is an example of failure in the double coincidence of wants.
Answer:
It should sale the car for at least 6.853,55 to pay up the loan
Explanation:
We need to calculate the balance of the loan after 3-years
<u>Montly payment:</u>
PV 23,500
time 48
rate 0.009
C $ 605.090
<u>interest:</u>
23,500 x 0.009 = 211.50
<u>amortization on first period:</u>
605.09 - 211.5 = 393.59
<u>Amortization after three years: </u>future value of an annuity of the first amortization
C 393.59
time 36
rate 0.009
FV $16,646.4462
Balance: 23,500 - 16,646.45 = 6.853,55
