Answer:
$21,370.1071
Explanation:
The calculation for the present value of this perpetuity is as follows:
= Present value five years later + present value at the time of purchase
where,
The present value after five years is
= ($1,000) ÷ (1.04)^5
=$821.9271
Additionally, the present value at the purchase time is
= $821.9271 ÷ 4%
=$20,548.18
Thus, the total present value of the perpetuity is
=$821.9271 + $20,548.18
= $21,370.1071
The expected cash balance at the end of February is $113,300.
*Your name.
*Your income.
*Your Social Security number (for the lender to verify your credit)
*The address of the property you intend to buy or refinance.
*An estimated value of the home.
*The amount of the loan you wish to secure.
Response:
Total Sales= $3,000,000
Clarification:
Based on the following details:
The expectation is to sell 10,000 mattresses over the current year, with 1,000 mattresses available in finished goods inventory at the previous year's close. Armando aims to end this year with at least 1,250 finished mattresses in inventory. There won't be any leftover work-in-process inventory. Each mattress retails for $300.
Production:
Sales projected= 10,000
Ending inventory goal= 1,250
Beginning inventory= (1,000)
Total needed= 10,250
Sales therefore total= 10,000*300= $3,000,000
Answer:
The correct answer is option "C": copy the competitor's breakfast campaign but offer lower prices.
Explanation:
If it has been determined that the fast-food restaurant has seen a 50 percent decline in breakfast customers due to a competitor's "good-to-go" breakfast menu promotion, the fast-food chain should respond with a comparable sales strategy for the breakfast menu, lowering prices without resorting to predatory pricing. Additionally, the restaurant should explore ways to enhance the service provided by the competitor to attract consumers.
