answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alecsey [184]
2 years ago
14

You are the financial manager for a recreation center that has signed an option to purchase new elliptical machines for $22,500

in two years. If you have an investment opportunity that guarantees 7% interest, how much must you invest to have the necessary funds to purchase the elliptical machines?
Business
1 answer:
maria [59]2 years ago
6 0

Answer:

Present Value= $19,652.37

Explanation:

Giving the following information:

You are the financial manager for a recreation center that has signed an option to purchase new elliptical machines for $22,500 in two years. If you have an investment opportunity that guarantees 7% interest.

PV= FV/(1+i)^n

PV= 22,500/ (1.07^2)= $19,652.37

You might be interested in
What unique things would separate you from other applicants applying for this money?
Sergio039 [100]
<span>The unique things that would separate me from other applicants applying for this job are the ff: (1) i do not care of the compensation but more on the learning i can gather at the end of the day; (2) it has always been my passion to the job; and (3) i want to share my skills and talents to the company as well.</span>
4 0
2 years ago
Read 2 more answers
Selecting goals and ways to attain them refers to _____.
miv72 [106K]
Is this select all that apply because i see more than just one answer 
6 0
2 years ago
Maria spots a beautiful dress in the window of a boutique. Maria goes into
Yakvenalex [24]

Answer:

Asking Price

Explanation:

8 0
2 years ago
A person who owned a bakery figured out that cookies were selling better than brownies. So, she took the resources that she was
lorasvet [3.4K]
This is possible because both products have the same allocation of raw materials, costs, and labor. <span> There wouldn't be any conflict with the change. </span><span> In business, this is called joint product. </span><span>This has been a business practicality measure for better costs planning and production. </span>
6 0
2 years ago
The Thomas Cook travel agency has experienced financial setbacks due to the Iraq war, the SARS epidemic, and unusually hot weath
Tomtit [17]

Answer:

Threats in its external environment.

Explanation:

Situational analysis can be described as the thorough examination of the internal and external constituents of an organization.

Situational analysis is employed by different organizations to help identify their strengths and weaknesses. It helps to examine the capabilities of employees within an organization.

Situational analysis helps to identify the current strategies and activities that have been put in place inorder to solve problem. It also helps to get a clear insight into the different opinions and experiences of stakeholders.

4 0
2 years ago
Other questions:
  • The ratio of the percentage change in a dependent variable to the percentage change in an independent variable, all other things
    6·1 answer
  • The_____?outlines regulations to control air emissions from various sources, whether stationary or in motion.
    8·1 answer
  • Suppose that in September 2018 a company takes a long position in a contract on May 2019 crude oil futures. It closes out its po
    15·1 answer
  • A firm must choose among three alternative ways to compensate its salaried employees. It can pay them at the end of each week, a
    11·1 answer
  • If the current exchange rate is 1 euro to 1.5 U.S dollars, according to the theory of purchasing power parity, a haircut that co
    5·1 answer
  • Pele Arnaz is a plant foreman for a generator manufacturer. He spends his day carrying out operational plans for the ongoing dai
    5·1 answer
  • Excavation, Inc., uses explosives to prepare land for construction projects. Strict liability is imposed on this activity becaus
    15·1 answer
  • The Golden Group is a group of luxury hotels that caters exclusively to high-end customers who form a small part of the market a
    5·2 answers
  • Break-Even Sales Currently, the unit selling price of a product is $7,520, the unit variable cost is $4,400, and the total fixed
    9·1 answer
  • Which of the following choices is not a career assessment value?
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!