A production possibilities curve (PPC) that is bowed outward (from the origin) represents the concept that: the production of additional units of one good requires that increasing quantities of the other good be given up.
This is further explained below.
What is the production possibilities curve?Generally, is a model that is used to illustrate the costs and benefits involved with dividing up resources for the production of two different types of commodities.
The production possibilities curve is a useful tool for illustrating a variety of economic principles, including scarcity, opportunity cost, efficiency, inefficiency, economic expansion, and contraction.
In conclusion, The idea that the production of greater units of one good necessitates that increasing amounts of the other good be given up is represented by a production possibilities curve (PPC) that is bent outward (from the origin). This concept is based on the fact that there are two goods.
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Suppose Q=33.4(0.678)tQ=33.4(0.678)t. Give the starting value aa, the growth factor bb, and the growth rate rr if Q=a⋅bt=a(1+r)tQ=a⋅bt=a(1+r)t.
a= help (numbers)
b= help (numbers)
r= % help (numbers)
In the equation Q = 33.4(0.678)^t, we can identify the values of a, b, and r in the form Q = a * b^t.
a = 33.4
b = 0.678
r = (b - 1) * 100
Therefore:
a = 33.4
b = 0.678
r = (0.678 - 1) * 100 = -32.2%
Please note that the growth rate (r) is negative in this case, indicating a decreasing trend in the variable Q as t increases.
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Sandhill Inc. Has decided to raise additional capital by issuing $162,000 face value of bonds with a coupon rate of 10%. In discussions with investment bankers, it was determined that to help the sale of the bonds, detachable stock warrants should be issued at the rate of one warrant for each $100 bond sold. The value of the bonds without the warrants is considered to be $136,850, and the value of the warrants in the market is $24,150. The bonds sold in the market at issuance for $145,500. (a) What entry should be made at the time of the issuance of the bonds and warrants
The entry will be, Debit Cash and Discount on the issue of Bonds by $145,500 and $38,325 respectively, and Credit Bonds Payable and Paid in Capital Warrants by $162,000 and $ 21,825 respectively.
Debit Cash and Discount on the issue of Bonds by $145,500 and $40,650 respectively, and credit Bonds Payable and Paid in Capital Warrants by $162,000 and $24,150 respectively.
The fair value of Bonds without warrant = $136,850
Fair value of Warrants = $ 24,150
Total = $ 161,000
Allocation to bonds = $ 136,850 / $ 161,000 * $145,500 = $ 123,675
Allocation to warrants = $ 24,150 / $ 161,000 * $ 145,500 = $ 21,825
Account Titles Debit Credit
Warrants were detachable:
Cash Dr. $145,500
Discount on issue of Bonds Dr. $38,325
(162,000-145,500
= $16,500 + $21,825)
To Bonds Payable $162,000
To Paid in Capital Warrants $ 21,825
Warrants were nondetachable:
Cash Dr. $145,500
Discount on issue of Bonds Dr. $40,650
( $16,500 + $ 24,150)
To Bonds Payable $162,000
To Paid in Capital Warrants $24,150
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According to the religious economy perspective, competition through the existence of of a multitude of religions causes religious attendance to decline.
a. true
b. false
The statement, according to the religious economy perspective, competition through the existence of of a multitude of religions causes religious attendance to decline, is false.
Religious persons and organizations who interact within a market framework of competing groups and ideologies refers to religious economy. So, an economy makes it possible for religious suppliers to meet the demands of different religious consumers.
So by offering the religious products, a competitive religious economy stimulates such an activity in a market type setting. In the U.S. religious organizations produce substantial economic revenue and growth. Thus, religious beliefs matter for economic outcomes.
Hence, option B is correct.
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DuraValue mutual fund gains 20% in year one. It gains 10% in year two. It gains 30% in year three. What is the average annual return of the fund
Based on the information given the average annual return of the fund is 20%.
Using this formula
Average annual return=(Year one percentage gain+ Year two percentage gain +Year three percentage gain)/ 3 years
Where:
Year one percentage gain=20%
Year two percentage gain=10%
Year three percentage gain=30%
Let plug in the formula
Average annual return=20%+10%+30%/3
Average annual return=60%/3
Average annual return=20%
Inconclusion the average annual return of the fund is 20%.
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policy makers announce that the federal minimum wage will increase to $15 an hour over the next 10 years by annual increases of $0.78. this will cause
Policy makers announce that the federal minimum wage will increase to $15 an hour over the next 10 years by annual increases of $0.78. This will cause the Phillips curve will shift upward.
What do you mean by Policy?A policy is an official decision made by a group of people, a commercial organization, the government, or a political party about a certain course of action.
The National Minimum Wage would increase to $15 per hour by 2025 under the Raise the Wage Act of 2021, thereby eradicating earnings that are below the poverty line. According to this analysis, the rise is long overdue and would have a positive impact on both the economy and workers.
Therefore, Policy makers announce that the federal minimum wage will increase to $15 an hour over the next 10 years by annual increases of $0.78. This will cause the Phillips curve will shift upward.
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Suppose that the U.S. government decides to charge wine producers a tax. Before the tax, 45,000 bottles of wine were sold every week at a price of $7 per bottle. After the tax, 39,000 bottles of wine are sold every week; consumers pay $10 per bottle, and producers receive $4 per bottle (after paying the tax). The amount of the tax on a bottle of wine is per bottle. of this amount, the burden that falls on consumers is per bottle, and the burden that falls on producers is per bottle. True or False:
According to the question the bear the burden of $1 of the tax per bottle. Hence, the given statement is true.
Suppose that the U.S. government decides to charge wine producers a tax. Before the tax, 45,000 bottles of wine were sold every week at a price of $7 per bottle. After the tax, 39,000 bottles of wine are sold every week; consumers pay $10 per bottle, and producers receive $4 per bottle (after paying the tax). The amount of the tax on a bottle of wine is $3 per bottle. Of this amount, the burden that falls on consumers is $2 per bottle, and the burden that falls on producers is $1 per bottle.
True statement: The given statement is true.
Given that before the tax, 45,000 bottles of wine were sold every week at a price of $7 per bottle, so the total revenue earned by the producer is45,000 × $7 = $315,000
After the tax, 39,000 bottles of wine are sold every week; consumers pay $10 per bottle, and producers receive $4 per bottle (after paying the tax).
That means the tax on a bottle of wine is $3. Now the total revenue earned by the producer is39,000 × $4 = $156,000 And
the tax revenue is39,000 × $3 = $117,000
The consumer pays an additional $3 - $7 = $3 per bottle than before and hence, bears the burden of $2 of the tax per bottle.
The producers receive $4 - $3 = $1 per bottle than before and
hence, bear the burden of $1 of the tax per bottle. Hence, the given statement is true.
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According to the question the bear the burden of $1 of the tax per bottle. Hence, the given statement is true.
Suppose that the U.S. government decides to charge wine producers a tax. Before the tax, 45,000 bottles of wine were sold every week at a price of $7 per bottle. After the tax, 39,000 bottles of wine are sold every week; consumers pay $10 per bottle, and producers receive $4 per bottle (after paying the tax). The amount of the tax on a bottle of wine is $3 per bottle. Of this amount, the burden that falls on consumers is $2 per bottle, and the burden that falls on producers is $1 per bottle.
True statement: The given statement is true.
Given that before the tax, 45,000 bottles of wine were sold every week at a price of $7 per bottle, so the total revenue earned by the producer is45,000 × $7 = $315,000
After the tax, 39,000 bottles of wine are sold every week; consumers pay $10 per bottle, and producers receive $4 per bottle (after paying the tax).
That means the tax on a bottle of wine is $3. Now the total revenue earned by the producer is39,000 × $4 = $156,000 And
the tax revenue is39,000 × $3 = $117,000
The consumer pays an additional $3 - $7 = $3 per bottle than before and hence, bears the burden of $2 of the tax per bottle.
The producers receive $4 - $3 = $1 per bottle than before and
hence, bear the burden of $1 of the tax per bottle. Hence, the given statement is true.
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The manufacturing overhead account is debited when ______.
Production process involves different type of cost and expenses, manufacturing overhead account is one and it is debited when overhead applied is less than the actual overhead costs incurred.
What is manufacturing overhead cost?It is the sum of all the indirect costs that were spent while manufacturing a product.
The amount in the manufacturing overhead account can either be a debit or credit.
It is a debit when the overhead is less than the actual overhead costs that were spent.
Therefore, The manufacturing overhead account is debited when the overhead applied is less than the actual overhead costs incurred.
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Which of these is an example of an inelastic good?
A. Medicine
B. Jordans
C. Cell Phone
D. Big Zax Snack
Answer:
A. Medicine
Explanation:
Inelastic good is a product whose demand does not fluctuate with price changes. It means the demand for the good remains constant even if prices increase or decrease. The term inelastic symbolizes the demand for the good is static.
Medicine has an inelastic demand. Patients need medication regardless of prevailing prices. An increase or decrease in prices of medicines does not influence the demand. The term inelastic contrast elastic demand, which is the demand that varies with changes in prices.
This is accounting. HELP PLEASE I'M BEGGGING
How does GAAP help businesses internally?
A. it assists taxing authorities on how much to tax them.
B. It gives imvesters a better idea on the progress of a business.
C. It helps managers improve analyis an make strategic decisions.
D. It helps suppliers know they will receive the money they owe.
Answer:
I believe the answer is B
Explanation:
there is a surplus of a new brand of cereal on the market. what will likely happen to the price of the cereal?
Answer:
The price of the cereal would fall.
Explanation:
In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.
The law of demand states that, the higher the demand for goods and services, the higher the price it would be sold all things being equal. On the other hand, law of supply states that the higher the price of goods and services, the lower the supply.
When there is a surplus of a new brand of cereal in the market. What will likely happen to the price of the cereal is that the its price would fall.
The inverted-U theory suggests that R&D expenditures first rise, reach a peak, and then fall as the profitability of the firm increases. A) True B) False. FALSE
The answer is false. The inverted-U theory proposes that R&D expenditures increase as the profitability of a firm rises, reach a peak, and then decrease as the profitability of the firm continues to increase.
This is because at the beginning of the curve, the firm has not invested much in R&D and any investment made will result in a significant increase in profits. As the firm continues to invest in R&D, it reaches a point where the returns on the investments are diminishing, and the costs of research are becoming too high. At this point, the firm reaches the peak of the curve, and any further investments will not yield significant returns.
Eventually, as the profitability of the firm continues to increase, R&D expenditures decrease as the firm focuses on other areas that are more profitable. It is important to note that the inverted-U theory does not apply to all industries and firms.
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When an entrepreneur makes the decision to own and run a business, he or she assumes risks that are offset by the potential of ________.
When an entrepreneur makes the decision to own and run a business, he or she assumes risks that are offset by the potential of earning a profit.
Who is an entrepreneur?This is the person that is referred to as the one that opens and runs a business for the sake of making gains which is referred to as profit.
The entrepreneur is a person that is interested in being able to come open and run a business and also manage the risks that are involved in the business. Such a person is innovative in nature and they are able to take risks.
Hence When an entrepreneur makes the decision to own and run a business, he or she assumes risks that are offset by the potential of earning a profit.
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Jack wanted a new pair of Nike sneakers that were in sale for 45% off of the original price of $65.
What was the new sale price of the shoes after the discount?
which european union institution ensures the day-to-day functioning of the eu?
The European Commission is the institution responsible for ensuring the day-to-day functioning of the European Union.
This institution is responsible for proposing new laws, managing the EU's budget, and implementing policies and decisions made by the other EU institutions.
It is made up of a team of commissioners, with one commissioner appointed from each member state, and is headed by a president who is elected by the European Parliament.
The European Commission plays a critical role in ensuring that the EU operates smoothly and efficiently, and it works closely with the other EU institutions, including the European Parliament and the Council of the European Union, to achieve its objectives.
Overall, the European Commission is a key pillar of the European Union's governance structure, and it plays an essential role in promoting cooperation and unity among the member states.
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A pillow is a raw material?
True
O False
False, a pillow is not a raw material. However, it's made of raw materials like:
- polyester
- linen
- satin
- silk
- etc....
As an internal auditor for the Quick Manufacturing Company, you are participating in the audit of the company’s AIS. You have been reviewing the internal controls of the computer system that processes most of its accounting applications. You have studied the company’s extensive systems documentation. You have interviewed the information system manager, operations supervisor, and other employees to complete your standardized computer internal control questionnaire. You report to your supervisor that the company has designed a successful set of comprehensive internal controls into its computer systems. He thanks you foryour efforts and asks for a summary report of your findings for inclusion in a final overall report on accounting internal controls. Have you forgotten an important audit step? Explain. List five examples of specific audit procedures that you might recommend before reaching a conclusion
It is possible that an important audit step has been forgotten. The audit step that has been overlooked is the testing of the internal controls to ensure that they are functioning effectively.
While the company may have designed a successful set of comprehensive internal controls, it is important to test their effectiveness in practice to ensure that they are actually preventing or detecting errors and fraud. Without testing the controls, there is no way to know for sure if they are working as intended.
Five examples of specific audit procedures that could be recommended before reaching a conclusion include:
Conducting walkthroughs of the accounting system to gain a deeper understanding of the system's design and operation.
Performing substantive testing to verify the completeness and accuracy of transactions processed by the system.
Testing the accuracy and completeness of the system's input and output.
Testing the segregation of duties within the system to ensure that no single person has control over multiple aspects of the system.
Reviewing system logs and monitoring controls to ensure that the system is operating as intended and that any errors or irregularities are detected and corrected in a timely manner.
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explain advertisement
Answer: Advertisement is a marketing communication. It is used to promote businesses and their products. Used to promote more effectiveness in a businesses profit and their sales. May be seen in the form of commercials or billboard announcements in everyday life.
decides to subcontract a portion of its tax return preparation work to an unaffiliated income tax service provider. what does need to do to outsource tax work to the service provider?
To outsource the tax work it needs to Ensure that DH has appropriate controls in place to protect the confidentiality of the client data, Disclose to the client that services may be performed by DH and Have a contractual agreement with DH to protect the confidentiality of client information
Outsourcing is a contract wherein one company contracts another company to handle a planned or ongoing operation that is being or might be handled internally. It occasionally entails the transfer of assets and people from one company to another. No later than 1981, the phrase "outside resourcing" gave rise to the term "outsourcing."
The idea, which The Economist claims has "made its presence known since the time of the Second World War," frequently entails the contracting out of an operation and/or non-core function, such as manufacturing, building maintenance, or call center/call center support, as well as a business process (for example, payroll processing, claims processing).
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which pair of issues from the bulleted list above (the first four mainly for the business community, the second four mainly for the protestors) could the mayor suggest that the two sides negotiate as an area of common interest? (from the mayor's point of view, in this immediate crisis, this would be a stasis.) select an answer and submit. for keyboard navigation, use the up/down arrow keys to select an answer. a reduction of customer traffic to area businesses and first amendment (speech) rights of protesters b inconvenience to business owners and employees getting to work and police harassment c unsanitary condition of public property and lack of public bathroom facilities d unseemliness of large population of homeless tent dwellers and police harassment
Take, for example, the two funda- mental, conflicting dilemmas of a negotiation: the predicament of honesty and the dilemma of have confidence (Kelley, 1966).
The quandary of honesty concerns how trustworthy each birthday celebration must be with the other.
What are the 3 motives negotiations occur?Negotiations show up for countless reasons: (1) to agree on how to share or divide a constrained resource, such as land, or money, or time; (2) to create something new that neither birthday celebration may want to do on his or her own, or (3) to unravel a hassle or dispute between the parties.
What are the principal social factors in negotiation?A negotiator have to apprehend the social context of the negotiation. Negotiation occurs in a context of rules, such as customs, habits, situations, cultural norms, non secular doctrine, laws, and political pressures.
What are the four kinds of dilemma?In LDRS 111 you were added to four one-of-a-kind moral quandary paradigms: fact vs loyalty, short-term vs long-term, person vs community, and justice vs mercy.
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What are the importance of feedback in the communication process(3mks)
Feedback helps your team avoid major mistakes.
By creating a clear and honest communication flow during any kind of teamwork, it saves you the time of correcting someone's work, reduces errors caused by miscommunication to a minimum, and prevents regrets of those who feel like they failed.
The difference between the cost to make a good and the price is the: A. Elasticity Curve B. Profit C. Supply Curve D. Demand Margin
Answer:
B. Profit
Explanation:
I hope this helps :)
what environmental issues must you as a marketers consider and prepare for in your product strategies in alaska
The nation is a natural treasure, and the pure environment must be preserved. Because business actions cause environmental harm, green marketing tactics must be considered in Alaska.
What do you mean by product strategies?A product strategy refers to a broad plan defining what a business would like to accomplish with its product and how it intends to do it.
The oil business is Alaska's largest and most important source of jobs, but there is significant environmental worry about the oil spill in Alaska.
The second most polluting industry is tourism, and the temperature of Alaska is changing and becoming warmer, with global warming playing a role. This has resulted in precipitation and has an impact on people, animals, and algae in Alaska.
Marketers must grasp the country and culture, interact with natives in their native tongue, and merge with them so that people know they are one of them and care about their country and culture.
Therefore, the nation is a natural treasure, and the pure environment must be preserved. Because business actions cause environmental harm, green marketing tactics must be considered in Alaska.
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social-networking sites have a history of providing tight security and giving users a clear understanding of how security features work.
False Social networking sites have a history of having lax security, of not clearly explaining to users how security features function, and of abruptly changing security settings. A surge protector can be used to protect laptops from theft.
What are security features?A product's security feature is a feature created to secure access to that product. The accessible warning bands, padlock symbols, and microprint lines are the most fundamental security measures. A warning band is a border made of type that has been reversed out that indicates what security features have been applied to the page. The warning bands and the padlock icon both have the same function.
What are the four elements of security?Four components make up a successful security system: protection, detection, verification, and reaction. Whether a site belongs to a major multinational firm with hundreds of sites or a tiny independent business with one location, these are the fundamental principles for successful security on any site.
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For Case submission kindly follow the following format:
1. Case Problem - state the problem/issues/concerns that the case would like to resolve.
2. Case Background - present and discuss case facts given in the case and explain how these lead to the case problem you have identified.
3. Alternative solution and Analysis - list the different alternatives you have in order to solve the problem. Analyze each alternative solution and discuss the criteria that will be used to arrive at your suggested solution.
4. Recommendation and Conclusion - Present your solution to the case and discuss how this will solve the problem. You may also present details on how you will implement the recommended solution.
5. References
TOPIC: DOVE SOAP
The Case: What makes this product tick?
Case Problem: The case aims to identify and understand the factors that contribute to the success of Dove Soap as a product.
Case Background:
Dove Soap is a well-known brand in the personal care industry. It has gained popularity and a significant market share over the years. The case will analyze the various aspects of Dove Soap, including its marketing strategy, product positioning, target market, unique selling proposition, and brand image. By examining these factors, we can gain insights into what makes Dove Soap successful.
Alternative Solutions and Analysis:
a. Marketing Strategy:
One alternative is to focus on Dove Soap's marketing strategy, which includes advertising, promotion, and brand positioning. Analyzing and improving the effectiveness of Dove Soap's marketing efforts can contribute to its success.
b. Product Differentiation:
Another alternative is to explore the product features and attributes that differentiate Dove Soap from its competitors. Understanding the unique selling proposition and any innovative aspects of the product can shed light on its success.
c. Target Market:
Analyzing the target market of Dove Soap is crucial. Understanding the demographics, psychographics, and preferences of the target audience can provide valuable insights into why the product resonates with consumers.
d. Brand Image and Reputation:
Dove Soap has established a strong brand image and reputation. Analyzing the factors contributing to its positive brand perception can help identify why consumers trust and choose Dove Soap over other brands.
The criteria for evaluating the alternatives include their impact on market share, brand loyalty, customer satisfaction, and overall profitability.
Recommendation and Conclusion:
Based on the analysis, it is recommended that Dove Soap should continue to leverage its unique selling proposition of providing a moisturizing and gentle cleansing experience. The marketing strategy should emphasize these qualities and target consumers who prioritize skincare and appreciate the product's benefits. Additionally, maintaining the brand's positive image and reputation through ethical and socially responsible initiatives should be a priority.
To implement the recommended solution, Dove Soap should conduct market research to gain deeper insights into consumer preferences, invest in targeted advertising campaigns, and strengthen its distribution channels. Continuous product innovation and communication with customers through social media and other platforms can also help in building brand loyalty and maintaining a competitive edge.
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Steve receives a $1.50 raise from $8.25 and also insurance benefits. If he works 43 hours in week one and 30 hours in week two, and his total
deductions arer $375.00, what is his GROSS PAY and NET PAY?
Answer:
GROSS PAY: $711.75
NET PAY:$336.75
Explanation:
Total hourly pay $9.75 x hours worked (73) = gross pay
Gross pay - deductions = netpay
Parker needs money to expand the warehouse. By expanding the warehouse the company will be able to carry a lot more inventory, which will make it possible for them to fill more customer orders much more quickly. This expansion will cost approximately $150,000 in construction costs. Purchasing the additional inventory will cost $50,000. Over the next two years Parker believes this will increase sales 20% and profitability 25%. What type of financing should Parker seek?
Answer:
bank credit
Explanation:
A bank credit is money that is collected from a bank or financial institution that is determined by the ability of the person to repay the loan and the total money the bank has available to pay.
The bank calculates the ability of the person to pay back a certain percentage of the loan over a particular period before disbursement.
In the given scenario Parker's expansion will cost approximately $150,000 in construction costs. Purchasing the additional inventory will cost $50,000. Over the next two years Parker believes this will increase sales 20% and profitability 25%.
The bank will verify the efficacy of these projections and give the loan to Parker
what is pupil reflex?
Answer:
constriction of the pupil that is elicited by an increase in illumination of the retina
Explanation:
What step in developing new products involves determining whether the product idea is compatible with company objectives, needs, and resources on a general level
The step in new product development that involves determining whether the product idea is compatible with the company's goals, needs, and resources at an overall level is called screening.
What is screening in product development?It corresponds to a stage where the focus is on the organization and structuring of ideas about the launch of a new product, understanding better about the characteristics and benefits of the product that will be better aligned with the needs and desires of potential consumers.
Screening is an essential process, being the first stage of product development, where there is a brainstorming of ideas to define the product, increasing the possibility of it being well accepted by consumers and generating profitability for the company.
Therefore, the screening process is essential in order to define the essential criteria for the launch of the product, such as its characteristics and those of the market, in order to increase knowledge, innovation and the value of the product for consumers.
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mo will receive a perpetuity of $15,000 per year forever, while curly will receive the same annual payment for the next 30 years. if the interest rate is 5.9 percent, how much more are mo's payments worth?
If the interest rate is 5.9 percent, Mo's payments are worth $43,562.72 more than Curly's payments.
To determine how much more Mo's payments are worth compared to Curly's, we need to calculate the present value of both of their payments and find the difference.
1. Calculate the present value of Mo's perpetuity:
Mo will receive a perpetuity of $15,000 per year forever. To calculate the present value of a perpetuity, we can use the formula:
Present Value of Perpetuity = (Annual Payment) / (Interest Rate)
PV_Mo = $15,000 / 0.059
PV_Mo = $254,237.29
2. Calculate the present value of Curly's payments:
Curly will receive the same annual payment of $15,000 for the next 30 years. To calculate the present value of an annuity, we can use the formula:
Present Value of Annuity = (Annual Payment) * (1 - (1 + Interest Rate)^(-n)) / (Interest Rate)
PV_Curly = $15,000 * (1 - (1 + 0.059)^(-30)) / 0.059
PV_Curly = $15,000 * (1 - 0.16986) / 0.059
PV_Curly = $15,000 * (0.83014) / 0.059
PV_Curly = $210,674.57
3. Find the difference between Mo's and Curly's present values:
Difference = PV_Mo - PV_Curly
Difference = $254,237.29 - $210,674.57
Difference = $43,562.72
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Fiat and Chrysler cooperated to produce a Fiat-designed car in Chrysler's Illinois factory. This is a(n) __________ alliance because it allows the firms to share resources and capabilities across multiple functions.
the strategic alliance is the answer.
A strategic alliance is an arrangement between two or more parties to pursue the required set of agreed goals while being an independent organization.
A strategic alliance is an agreement between two companies to carry out mutually beneficial projects while maintaining their independence. The deal is more complex and less binding than a joint venture in which two companies pool resources to create separate entities.
Definition of Strategic Alliance: This is a joint venture that strengthens our core business strategy, creates a competitive advantage and prevents competitors from gaining a foothold in the market. In this way, individual companies can achieve more together than they can achieve alone. In other words, coopetition.
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