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BigorU [14]
2 years ago
12

Explain the importance of having a business plan

Business
1 answer:
kobusy [5.1K]2 years ago
4 0

It'll help you set your priorities, and your main focus on what you'll be doing or where you'll be going in the near future.

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Lycan, Inc., has 7.9 percent coupon bonds on the market that have 6 years left to maturity. The bonds make annual payments and h
eimsori [14]

Answer:

$912.68

Explanation:

Particulars                      Time  PVF at 9.9%   Amount   Present Value

Cash Flows (Interest) 1.00        0.9099       79.00             71.88

Cash Flows (Interest)    2.00        0.8280       79.00             65.41

Cash Flows (Interest)    3.00        0.7534        79.00             59.52

Cash Flows (Interest)    4.00        0.6855        79.00            54.15

Cash Flows (Interest)    5.00        0.6238        79.00            49.28

Cash Flows (Interest)    6.00        0.5676        79.00            44.84

Cash flows (Maturity)    6.00        0.5676      1,000.00         <u>567.60</u>

Intrinsic Value of Bond or Current Bond Price                  $<u>912.68</u>

Thus, the Current bond price is $912.68

5 0
3 years ago
A report indicated that the average real wage in manufacturing declined by 2 percent between 1990 and 2000. If the CPI equaled 1
inn [45]

Answer:

W = $27.34

Explanation:

Given data:

Percentage Decline in average income is = 2%

CPI in 1990 1.30

CPI in 2000 is 1.69

Average nominal wage is 2000 is $35

Inflation rate is given as

Inflation rate = % Change in CPI

                    = (1.69 / 1.3) - 1

                    = 1.3 - 1 = 0.3 = 30%

Real wage = Nominal wage / Price level,  hence

Percentage change in real wage = % Change in (nominal wage - inflation rate)

-2% = % Change in nominal wage - 30%

% Change in nominal wage = 28%

let nominal wage in 1990 is w

W\times 1.28% = $35

solving for W = $27.34

8 0
3 years ago
Factor proportions theory differs from the theory of comparative advantage in that the focus of factor proportions theory is on
Tom [10]

Answer:

The correct answer is letter "C": usage of the most abundant factors of production, while the focus of the comparative advantage theory is on the productivity of the production process.

Explanation:

The Factor Productions theory, also known as the <em>Heckscher-Ohlin</em> theory, is a  concept that tries to explain how international trade works. It is based on the focus that production increases capital and labor to an equal importance level. While, the Comparative Advantage theory is defined as the ability of an individual, company, or country to produce a good or service at a lower opportunity cost than its competitor.

5 0
3 years ago
17.   Chef A says that garnish should be added to a soup right before serving. Chef B says that garnish should be cooked with th
mezya [45]

The answer is A. I am 100% certain.

4 0
3 years ago
Read 2 more answers
An employee of yours is 57 years old and is taking an RS5000 class to learn how to program the next generation of Programmable L
Firlakuza [10]

Answer:

D. maintenance

Explanation:

The stages of career development according to Donald Super are divided into 5; the first is the growth stage, the second is exploration stage, the third is establishment and the fourth is the maintenance stage and the fifth is the disengagement stage

In the maintenance stage, the age range is from 45 - 59 years. Such employees are holding on in their chosen profession, the are also updating their skills in that profession (the employee's class to learn how to program the next generation of programmable logic controllers)

Employees in the area of technology in the maintenance stage especially feel like abreast happenings, innovation and development so this pushes them to further develop themselves.

5 0
3 years ago
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