An individual who provides services to your business, but is not an employee is considered

Your grandparents would like to establish a trust fund that will pay you and your heirs $215,000 per year forever with the first

Tju [1.3M]

Answer:

They should invest $5,119,047.619 today.

Explanation:

The trust fund will pay a fixed amount forever thus it is a perpetuity. The value of perpetuity or Price of perpetuity is the amount that the perpetuity is worth in today's terms based on the cash flows it will generate in future.

The formula for the value or price of perpetuity is,

P0 or V = Cash Flow / r

Thus,

P0 or V = 215000 / 0.04 = $5,119,047.619

7 0

2 years ago

A purchaser paid $403.10 for a TV that cost the seller $290. If the seller's markup was 39% of the $290 cost, then what would be

CaHeK987 [17]

Percent markup based on the selling price: 28.1%

Explanation:

The cost of the TV for the seller was

$c=\$290$

Of this, the markup of this price was 39%. Therefore, the value of the markup (in dollars) with respect to the cost for the seller was

$m=0.39\cdot 290 =\$113.1$

So, this was the markup relative to the cost for the seller.

The price paid by the purchaser instead is

$p=\$403.1$

Therefore, the percent markup based on the selling price (paid by the purchaser) is:

$\frac{m}{p}\cdot 100 = \frac{113.1}{403.1}\cdot 100 =0.281\cdot 100 = 28.1\%$

Learn more about percentages:

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5 0

3 years ago

Individuals join groups for two primary reasons: to enjoy the company of others and to accomplish goals unattainable by themselv

Bond [772]

The given statement about the reasons why individuals join groups is True.

<h3>What is a Group?</h3>

This refers to the collection of individuals in unison to achieve a set goal or to expand their interests, leveraging on the network of other members.

Hence, we can see that the given statement that Individuals join groups for two primary reasons: to enjoy the company of others and to accomplish goals unattainable by themselves is true.

Read more about interest groups here:
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5 0

1 year ago

Price Adjustments This activity is important because as marketing managers set final prices, they start with the list (quoted) p

EleoNora [17]

Answer:

1. Discount

2. Geographical adjustments

3. Allowance

4. Discount

5. Allowance

6. Discount

Explanation:

1. Discount for early purchase and delivery order of chlorine and shock products

2. Geographical adjustment of price, due to shipping and handling costs

3. Allowance given to Raquel for the old ring; to help/encourage her purchase a new one (from the store)

4. Discount on the price or cost of purchase, for customers (like Joshua) who would buy more socks at a go

5. Allowance Capri Sun gives to Safeways Store, for every 15 cases of Capri Sun ordered and displayed in front of the store

6. Discount incentive/bonus Amazon is offering its Prime members. Take note of the nomenclature "Prime members". These are customers who make frequent orders or order a lot of products. Amazon is herefore offering a discount.

NOTE:

- A discount is offered to reduce the cost of purchase - which could be direct or indirect - while an allowance is given to encourage a business deal; as in numbers 3 and 5.

7 0

3 years ago

he 12-month period that ends when a company's activities are at their lowest point is called the:(A) Fiscal year.(B) Calendar ye

Nostrana [21]

Answer:

C) Natural business year.

Explanation:

A natural business year is the period of 12 consecutive monthsending at a low point of an organization's activities.

For example, a school district will have a natural business year of July 1 through June 30, since classes for the school year end in early June.

4 0

3 years ago