Maurice, an entrepreneur, starts a business consulting firm. In order to conduct his business, he acquires 10 chairs, 6 office desks, 4 tables, and some other pieces of furniture from a local furniture store. The store owner understands that Maurice lacks sufficient funds and extends him credit, allowing him to pay for the furniture in installments. In this scenario, the type of funding obtained by Maurice can be regarded as a(n)Maurice, an entrepreneur, starts a business consulting firm. In order to conduct his business, he acquires 10 chairs, 6 office desks, 4 tables, and some other pieces of furniture from a local furniture store. The store owner understands that Maurice lacks sufficient funds and extends him credit, allowing him to pay for the furniture in installments. In this scenario, the type of funding obtained by Maurice can be regarded as a(n)

Juwana was turned down for a car loan by a local credit union she thought her credit was good what should her first step be

Consider an economy where government expenditures are 10 and total tax revenues are 10. the supply of labor is fixed at 125 and the supply of capital is fixed at 8. the economy is described by the following equations. y k to the power of 1 divided by 3 end exponent l to the power of 2 divided by 3 end exponent c 2.5 + 0.75 ( y - t ) i 10 - 0.5 r the level of private savings is

Cardinal company is considering a project that would require a $2,725,000 investment in equipment with a useful life of five years. at the end of five years, the project would terminate and the equipment would be sold for its salvage value of $400,000. the company’s discount rate is 14%. the project would provide net operating income each year as follows: sales $2,867,000 variable expenses 1,125,000 contribution margin 1,742,000 fixed expenses: advertising, salaries, and other fixed out-of-pocket costs $706,000 depreciation 465,000 total fixed expenses 1,171,000 net operating income $571,000 1. which item(s) in the income statement shown above will not affect cash flows? (you may select more than one answer. single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. any boxes left with a question mark will be automatically graded as incorrect.) (a)sales (b)variable expenses (c) advertising, salaries, and other fixed out-of-pocket costs expenses (d) depreciation expense 2. what are the project’s annual net cash inflows? 3.what is the present value of the project’s annual net cash inflows? (use the appropriate table to determine the discount factor(s) and final answer to the nearest dollar amount.) 4.what is the present value of the equipment’s salvage value at the end of five years? (use the appropriate table to determine the discount factor(s) and final answer to the nearest dollar amount.) 5.what is the project’s net present value? (use the appropriate table to determine the discount factor(s) and final answer to the nearest dollar amount.)