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Allushta
13 days ago
9

Maxine knows the students will be disappointed that her textbook is out of stock, but she needs to get them information about th

eir orders. This is a major problem as students may have to withdraw from their class or pay double the cost for a special copying process. How should Maxine start her email to the students?
students, water damage from the recent Tennessee tornadoes closed the printing facility where psychology today us printed. WE have some unfortunate news for you

students, your copy of psychology today, will arrive ate, so your only option is to pay [email protected] in special copying

students, we have to cancel your because of circumstances we can't control thank you for your book order
Business
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A store offers two payment plans. Under the installment plan, you pay 25% down and 25% of the purchase price in each of the next
Katen [3525]

Answer:

a-1) Present value of the installment option is $93.08.

      Present value for immediate bill payment is $90.

a2) Opting to pay the bill immediately is the preferable choice.

b-1) Present value of the installment option amounts to $88.65.

b-2) In this scenario, paying in installments is the better option.

Explanation:

a-1) To determine the present value of the installment plan, the payments occur as follows: $25 immediately, followed by $25 at the end of each of the next 3 years. This setup constitutes an annuity due, and the present value can be calculated as follows:

Present value =PMT*\frac{[1-(1+i)^-^n]}{i}*(1+i)

PMT denotes the annuity payment at the start of each period, which is $25.

             i signifies the interest rate compounded per period.

=0.05

            n represents the number of payment periods, which amounts to 4.

Present value =25*\frac{[1-(1+0.05)^-^4]}{0.05}*(1+0.05) =$93.08

The present value of immediate bill payment equals $100, reduced by the 10% discount, calculated as $100 * 0.9 = $90.

a-2) Paying immediately is advantageous since it costs $90 compared to the $93.08 present value of installments.

b1) If the installment payments do not commence for another year, the present value of the payment series is computed as:

Present value =PMT*\frac{[1-(1+i)^-^n]}{i}*\frac{(1+i)}{1+1}

                                          = PMT*\frac{[1-(1+i)^-^n]}{i}

                                          = 25*\frac{[1-(1+0.05)^-^4]}{0.05} = 88.65

b-2) In this instance, paying via installments is better as it is less expensive at $88.65 compared to the immediate payment's present value at $90.

4 0
2 months ago
Roger remembers from a business class he took years ago in college that there are several business forms to choose from. Each fo
stepan [3596]

Answer:

This question lacks options. Here are the available ones:

a) Partnership

b) C Corporation

c) S Corporation

d) Limited Liability Company

e) Limited Liability Partnership

The correct answer is option D: Limited Liability Company.

Explanation:

The term "Limited Liability Company" describes a type of business structure in business law that is beneficial for owners, offering specific characteristics. This form integrates features of both corporations and partnerships, allowing flexibility depending on the owner's situation. It's important to note that a significant aspect of this form is that the owner's personal assets are protected from company liabilities.

6 0
2 months ago
Tender Love, a company that manufactures maternity care products, holds workshops from time to time. During the workshops, train
Free_Kalibri [3773]

Answer: Missionary marketing involves indirect sales techniques where the salesperson provides product information and seeks to sway purchasing decisions.

Explanation: This approach is aimed at persuading individuals who are unfamiliar with the product or have yet to use it. The primary focus is to influence rather than conduct immediate sales. The salesperson is referred to as a Detailer, and Tender Love employs this marketing method in their strategy.

3 0
2 months ago
You are the manager of a firm that sells a leading brand of alkaline batteries. Click on the link below to access data on the de
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What is the question being asked?
6 0
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