<span>Answer:
The net present value is the sum of the three present values.
NPV = PV of initial investment + PV of 7 year annuity + PV of lump sum salvage
NPV = -48900 + 14600 x (1 - 1 / (1 + 12%)^7) / 12% + 12000/(1+12%)^7 = 23,159.04</span>
Answer:
12 months
Explanation:
The fiscal or financial period of a business lasts for 12 months or one year. It means that at the end of that 12 months, the business prepares its financial statement to determine its profitability. The business assesses its growth, success, and failure for the period.
After evaluating performance, planning for the next period of 12 months begins. The entrepreneur prepares a budget for the year, including their compensation. Compensation for the entrepreneur should be budgeted and reviewed every year together with the other budget items.
Answer:
c.
Explanation:
According to the Uniform Commercial Code (UCC) the sale of goods costing $500 or more is not enforceable without a writing or other specified evidence. This is touched upon in the statute of frauds within the UCC which is a state law that requires contracts for the sale of goods worth $500 or more to be in writing and signed by the parties in order to be enforceable, otherwise, they are not valid and cannot be used against someone in a court of law.
Answer:
The summary including its perceived task is demonstrated in the following segment on the interpretation.
Explanation:
- The further you pay, then you pass up to make a change from generating income. This would be called opportunity cost since taking a short break is losing the chance to go somewhere else (i.e. gain further extra cash).
- This is much less the continuation of something like a withheld opportunity than that of the recovery on the alternative you picked.
The market price of paper Increases: Supply decreases.
<h3><u>
Explanation:</u></h3>
The price and the supply are directly related to each other. This means that when the price of the product increases the supply also increases and vice versa. In the given example, the market for economic textbooks is discussed. The textbook is paperbound.
This means that the supply and the price of the textbook highly depend on the paper price and its marketing conditions. When the market price of the papers increases, it will result in a decrease in the demand that exists for the paper. This ultimately causes the supply of the textbooks to decrease as the manufacturing of textbooks is highly related to the papers.
