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Alexis and Damian are both taking a course on picking a career. They go to the same art club so they both know what they enjoy doing. Surprisingly, Alexis and Damian might find careers in the Architecture and Construction Career Cluster that allow them to express themselves through art. Create a list of possible jobs in this cluster that could use an artistic person and explain a task that each job does that the two students might particularly enjoy.
Answer:
The answer is personal selling
Explanation:
_Personal Selling_______ is the two-way flow of communication between buyer and a seller that is designed to influence the buyer's purchase decision.
Answer:
Option C There is upward pressure on prices
Explanation:
The reason is that the price and supply are inversely proportional to each other. If the supply increases the prices of the product will decrease. This means that the product will increase its value if the supply of the product gets lower. Also note that the price moves upward to reach equilibrium for a level of supply. It means if the product prices increases then the supply shortage will be lowered as a result nobody will buy the product. So the supplier will have to lower price that the consumer will be willing to pay to the supplier.
Answer:
$9,996
Explanation:
The bond is issued on discount when the issuance price is lower than the face value of the bond. The discount on the bond will be expensed over the bond period until maturity.
Discount on Bond = Face value - Issuance value = $98,000 - $96,040 = $1,960
Interest Expense includes the interest payment and the discount amortization.
Discount amortization = Discount value / Life of the bond = $1,960 / 10 = 196 per year = $98 semiannually
Interest Payment = $98,000 x 10% = $9,800 annually = $4,900 semiannually
Interest Expense = ( 4,900 + 98 ) x 2 = $9,996
Answer:
PV= $230,148.09
Explanation:
Giving the following information:
You will receive 27 annual payments of $22,500. The first payment will be received 7 years from today and the interest rate is 5.1 percent.
First, we need to calculate the final value of the payments. We need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual pay= 22,500
n= 27
i= 0.051
FV= {22,500*[(1.051^27)-1]}/ 0.051
FV= $1,248,819.52
Now, we can calculate the present value:
PV= FV/(1+i)^n
PV= 1,248,819.52/ (1.051^34)
PV= $230,148.09
