If it is compounded annually, this will be 850(1.014)^5 which equals $911.19
Answer:
Midas Touch should invest in Coolco company.
Step-by-step explanation:
Globalization:
It is a process of expanding your business to the market of whole world.
- The reason for investing in Coolco, an air-conditioning manufacturer is that they can do better performance in the global market as they have faced a great pressure at home. Because, the companies that face great competition at home tend to perform better in global market place as compared to the companies that are facing little competition at home.
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