Fees charge = 2%
Investment worth = $500,000
Amount due = 2/100 * 500,000 = 10,000
The amount Andrew will receive as compensation is $10,000.
Answer:
$16,000
Explanation:
With regards to the above information, we are only concerned with calculating the value of 20 tons of styrene to the company, hence other information are not relevant.
The total value of the 20 tons of styrene monomer to the company would be ;
= 20 tons of styrene monomer × Market price of styrene monomer per ton
= 20 × $800
= $16,000
Answer:
The correct answer is "Allow entrepreneurs personal freedom to follow their self-interest"
Explanation:
According to the invisible hand concept, the best way for a society to encourage the creation of jobs and the production of the products most wanted by consumers would be to allow entrepreneurs personal freedom to follow their self interest.
Answer:
The answer is
A. 26.46%
B. $5,958,354.88
Explanation:
A.
IRR = CFo/(1 + IRR)^0 + CF1/(1 + IRR)^1 + CF2/(1 + IRR)^2 + CF3/(1 + IRR)^3 + CF4/(1 + IRR)^4 + CF5/(1 + IRR)^5
CFo = -$10,000,000
CF1 = $3,000,000
CF2 = $3,500,000
CF3 = $4,000,000
CF4 = $4,900,000
CF5 = $5,000,000
Using a financial calculator;
IRR = 26.46%
B.
NPV = -CFo + CF1/(1+ r)^1 + CF2/(1 +r)^2 + CF3/(1 + r)^3 + CF4/(1 + r)^4 + CF5/(1 + r)^5
CFo = -$10,000,000
CF1 = $3,000,000
CF2 = $3,500,000
CF3 = $4,000,000
CF4 = $4,900,000
CF5 = $5,000,000
Using a financial calculator;
NPV = $5,958,354.88
Answer:
The correct answer is option A.
Explanation:
A production possibility curve shows the maximum possible combination of two goods that can be produced using all the available resources and state of technology.
An increase in economic growth causes the production possibility curve to shift to the right. The faster the economic growth the more the economy will be able to produce. So the farther the production possibilities curve will shift out.
