In a company's first year in operation, it made an annual profit of \$379,000$379,000. The profit of the company increased at a constant 27% per year each year. How much total profit would the company make over the course of its first 16 years of operation, to the nearest whole number

Answers

Answer 1

The amount of total profit that the company would make over the course of its first 16 years of operation is $62,885,046.

What is future value?

The future value of the profits earned over 16 years can be computed as the first year's profit of $379,000 multiplied by the future value annuity factor at 27% for 16 years.

Alternatively, the future value can be computed using an online finance calculator as below.

Data and Calculations:

N (# of periods) = 16 years

I/Y (constant increase in profit per year) = 27%

PV (Present Value) = $0

PMT (Periodic Payment or Annual profit in the first year) = $379,000

Results:

FV = $62,885,046.22 ($6,064,000 + $56,821,046.22)

Sum of all periodic payments = $6,064,000 ($379,000 x 16)

Constant increase in profit = $56,821,046.22

Thus, the amount of total profit that the company would make over the course of its first 16 years of operation is $62,885,046.

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Related Questions

Why is there is a difference between the roles of a manager, a monitor and an entrepreneur? Support your answer with an example.

1.2 Explain in your own words the following two factors that managers should consider when using teamwork competency in the workplace:

1.2.1 Creating a supportive environment

1.2.2 Managing team dynamics​

Answers

An entrepreneur is the owner of the company while the monitor and manager are employees.

Who is an Entrepreneur?

This is the individual which owns the company and bears the risk and enjoys most of the reward derived from it.

The entrepreneur serves as an innovator, the manager helps to control the affairs of the company while the monitor oversees compliance.

Creating a supportive environment will there is an inclusive environment which will boost productivity.

Managing team dynamics​ involves understanding the roles and behavior of team members which ensures they are suited to the rule for increased productivity and less errors.

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When there is no formal, written partnership agreement, and agreement to form a partnership is enforceable. True False

Answers

When there is no formal, written partnership agreement agreement to form a partnership is not enforceable. i.e False.

What is partnership?

Partnership involves two or more people coming to terms over a business idea or strategy.

This partners have a mutual agreement to pull their resources together for profit.

Therefore, When there is no formal, written partnership agreement to form a partnership is not enforceable. i.e False.

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You’ve just read the article about Macy’s and Nordstrom’s. Why do you think companies like Macy's have to move to an Omnichannel strategy for selling their products?

Answers

The companies like Macy have to move to an Omnichannel strategy for selling their products because in Omnichannel strategy, products are sold through several distribution channels.

What is a distribution channels?

Distribution channel serves as the means by which companies make their products to be available to final consumer.

This channels encompass retailers as well as wholesaler, and in In omni channel, all the distribution channels are linked to each other.

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What is true about people who have
credit cards?
A. They are extremely wealthy.
B. They are extremely poor.
C. They have a limit on the dollar amount they can
charge.
D. They do not have a limit on the dollar amount they
can charge.

Answers

C I think don’t listen to me cause I don’t know it that much but I’m pretty sure it’s c

Provide an explanation of how his/her life will change economically, socially, and politically in a centrally planned economy.

Answers

Answer:spazz

Explanation:

spazz

As an economic system how does Socialism function

Answers

Answer:

socialism is, broadly speaking, a political and economic system in which property and the means of production are owned in common, typically controlled by the state or government. socialism is based on tje idea that common or public ownership of resources and means of production leads to a more equal society.

what is the definition of REO

Answers

Answer:

Real estate owned

Explanation:

It is property owned by a lender, such as a bank, that has not been successfully sold at a foreclosure auction.

Answer:

REO stands for real estate owned

Explanation:

Real estate owned, a property owned by a lender because it failed to sell in a foreclosure auction after the borrower defaulted on their mortgage.

A firm in a competitive market receives $1,160 in total revenue and has marginal revenue of $20.
The firm's average revenue is
$
, and
units were sold.

Answers

Assuming the total revenue and has marginal revenue of $20. The firm's average revenue is $20 and units sold is 58 .

Average revenue and units sold

Average revenue = Marginal revenue

Hence ,Average revenue is the marginal revenue amount of $20.

Units sold:

Units sold=Total revenue/Average revenue

Units sold=$1,160/$20

Units sold=58 units

Therefore the firm's average revenue is $20 and units sold is 58 .

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As a member of the
organization, you'll have two goals: build
your real-world business skills and develop your problem-solving abilities.
w
National Honor Society
Kiwanis Key Club
DECA
Business Professionals of America

Answers

As a member of the Business Professionals of America organization, you'll have two goals: build your real-world business skills and develop your problem-solving abilities.

What is a Social Club?

This refers to the gathering of like minds with the aim of achieving the same goal.

Hence, we can infer that the Business Professionals of America is a social club organization that trains its members to have two core goals: build their real-world business skills and develop your problem-solving abilities

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The Clarks borrowed $175,000 from a lender to purchase a townhous
is an example of
O A. a line of credit
O B. collateral
O C. a mortgage
O
D. revolving credit

Answers

Answer:

C. A Mortgage

Explanation:

Suppose that Fritz Kron was worried about organizational silence. He is concerned that senior executives aren’t hearing about workplace issues because people believe that others are already working on fixing the problem, or because people are afraid of giving managers information they don’t want to hear. Which of the following tools could Fritz use to help overcome organizational silence? Check all that apply.

Answers

For Fritz to overcome organizational silence, He must set up a proper communication channel.

What are workplace issues?

Workplace issues are incidents that are deemed or considered wrong by the individual who is experiencing them observing the problem.

Generally, Collecting information creates a never-ending interpretation problem. collecting the same information through multiple channels may alter its interpretation by changing its meaning.

In conclusion, The medium through which a message is transmitted to another person is referred to as a communication channel.

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Examples of stress include:

A) when you are happy
B) when you are running out of time to complete a task
C) when you are studying for a test, but forgot your notes
D) when somebody gives you a compliment
E) when you lose a friend

Answers

Answer:

B, C, E

Explanation:

All of these scenarios are negative and can put you in a stressful situation.

reply if you agree that eddie kaspbrak and stanley uris shouldn’t have dxied in “it cheaper 2” (giving brainliest)

Answers

Answer:

do u mind sending the picture of the question

Here are the project risk management processes:
1. Identify risks
2. Control risks
3. Perform quantitative risk analysis
4. Plan risk responses
5. Plan risk management
6. Perform qualitative risk analysis

Which of the following is the correct sequence for the project risk management process?

Answers

The correct sequence for the project risk management process according to the PMBOK is:

Plan risk managementPerform qualitative risk analysisIdentify risksPerform quantitative risk analysisPlan risk responsesControl risksWhat is the project risk management process?

It corresponds to methods and techniques of analysis and management of risks inherent to a project. The objective is to identify negative situations to a project based on the financial, chronological and technological forecast in advance.

Therefore, with project risk management, it is possible to adopt working methods, reducing uncertainties and optimizing the use of available capital.

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Find the definitions of the following words or expressions in terms of business.

1-Private sector
2-Sole proprietorship
3-Legal difference
4-Business activities
5-Partnership
6-Group of individuals
7-Businesses
8-Corporation
9-Incorporated business
10-individual
11-Owners
12-Unincorporated business
13-Company or firm
14-Legal person
15-Separation of ownership and Control
16-Corporation
17-Take over
18-Private company
19-Liquidation
20-management
21-Public company

Answers

Answer:

2

Explanation:

as;dlkfj

State five Features of advertisement​

Answers

Answer:

Inform and persuade

Identified sponsor

Sell or promote ideas, goods and services

paid form

non-personal presentation

inform & persuade

identified & sponsor

varied objective s

use of Media

What is sampling frame?

Answers

Answer:

"The list of items from which a sample is obtained is known as the sampling frame." -Website of some kind

Explanation:

Brainliest pls?

Type II error is also called a. Confidence level b. Consumer's risk c. Producer's risk d. Level of significance

Answers

Type II error has been known to be called a type of risk which is known as b. consumer's risk.

What is a Type II error?

This refers to a scenario in statistics where a consumer does not reject a null hypothesis that is false.

It is called a consumer risk because a consumer might have a null hypothesis that a product is good and fail to reject this hypothesis leading to them picking a bad product.

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Which type of economy has a high birth and death rate because of lack of adequate health care?
A.
economies with a high standard of living
B.
emerging market economies
C.
developed economies
D.
developing economies

Answers

Answer:

D

Explanation:

Because they have a weak healthcare sector and it is possible that their population is malnourished.

Answer

emerging

Explanation:

due to the new way of thinking

A manager is trying to determine if an employee can be trusted to work independently and if the employee will show up for scheduled shifts on a regular basis. Which trait from the Big Five Personality Dimensions is the manager examining

Answers

The trait from the Big Five Personality Dimensions where the manager is examining if an employee can be trusted to work independently is Conscientious.

What are Conscientious people?

Conscientious people are people that others rely on. They have to be able to handle what is put on their plate, and they have to be trustworthy. Conscientiousness is an essential trait for any managerial position.

Characteristics of conscientious traits are :

Dependable,OrganizedReliableAmbitious,HardworkingPersevering

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The consumer surplus will _____ by _____ when the United States engages in international trade and the international price for MP3 players settles at $50.

Answers

Answer:

tnetn

Explanation:eturyumryu

Based on what you see in the employee complaint log, what type of culture has HydroHealth been exhibiting? Servant? Equity? Clan? Market? List of complaints - Sales: Female employee was told by male supervisor that she should to get ahead in sales. - Operations: Male employee was berated by his female supervisor in front of other employees and called and a because he misfiled some customer records. - Accounting: Male employee was told by two other male employees that HydroHealth will not be ahead of the competition for much longer with "" like him around. -Sales: Male employee was told be female supervisor to when he complained about her tone with him. - IT: Female employee was told by female supervisor to get on a competitor so it can be leaked to the market. - Legal: Female employee was told be male employee that during a work trip. - Accounting: Male employee was told be female supervisor that he needs to if he is going to be part of an industry leading company.

Answers

Based on the record of employee complaints, it is correct to say that the HydroHealth company is exhibiting the market culture.

What is market culture?

It corresponds to an organizational culture based on competitiveness in the internal and external environment, that is, competitiveness is also encouraged among employees, being a more aggressive model of culture.

Therefore, the market culture can generate some disadvantages, such as increased employee turnover and task overload, increasing conflicts and negatively impacting the perception of work.

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• What are the most valuable resources within a team?

Answers

Answer:

Intelligence and will-power.

Explanation:

Most might say that leadership and bravery. Although, if you bring a group of people who are intelligent in the business and are ready to dedicate themselves, you can get a lot done, and maybe even have a successful business within a few months/weeks.

This might sound a little weird, but money is also a very needed characteristic within a team. If you are making something big, and you believe in it, you need money for assistance with assets and other things.

I'm sorry if I misunderstood the question, that's my fault. I just found this question very interesting and I think it would've been nice to answer.

How can companies increase return on common stockholders’ equity without increasing revenue?

A) By purchasing more inventory
B) By increasing preferred dividends
C) By issuing more common stock
D) By reducing expenses

Answers

D) By reducing expenses you increase margins which means there is more money available for stockholders

1. Explain the difference between a want and a need.

Answers

WANT :-

To wish for or desire

example :- What do you want to eat?

____________________

NEED :-

To want strongly; to feel that one must have something.

example:- There's no need to speculate; we can easily find out for sure.

____________________

what are the business environmental analysis.?​

Answers

Answer:

An environmental analysis is a strategic analysis tool to identify all of the external and internal factors that can affect a company's performance. The purpose is to assess the level of risk various environmental factors pose as well as the business opportunities they present.

Jim Angel holds a $200,000 portfolio consisting of the following stocks: Stock Investment Beta A $50,000 1.20 B $50,000 0.80 C $50,000 1.00 D $50,000 1.20 Total $200,000 What is the portfolio's beta

Answers

Assuming Jim Angel holds a $200,000 portfolio consisting of the following stocks. The portfolio's beta is 1.050.

Portfolio beta

First step

Weight of stock A=50,000/200,000=0.25

Weight of stock B=50,000/200,000=0.25

Weight of stock C=50,000/200,000=0.25

Weight of stock D=50,000/200,000=0.25

Second step

Portfolio beta=Weight ×beta

Stock A =1.20×0.25=0.3

Stock B= 0.80×0.25=0.2

Stock C 1.00×0.25 =0.25

Stock D 1.20×0.25=0.3

Total 1.050

Inconclusion the portfolio's beta is 1.050.

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A potential legal claim which is probable and the amount can be reasonably estimated should be: multiple choice recorded in the financial statements as a contingent liability. disclosed in the notes while the lawsuit is outstanding. disclosed in the notes when the lawsuit is settled. is a potential liability that has arisen because of a past event or transaction.

Answers

A potential legal claim which is probable and the amount can be reasonably estimated should recorded in the financial statements as a contingent liability.

What is Legal claim?

A legal claim are evidence or prove which someone says.

They are legal claims over an individual and the amount estimated will be paid.

Therefore, A potential legal claim which is probable and the amount can be reasonably estimated should recorded in the financial statements as a contingent liability.

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Which of the following examples demonstrate qualifications that are most helpful for Science and Math careers? Check all that apply.

1.Rick is good at creating technical drawings.
2.Jeanine knows a lot about the construction of buildings.
3.Carmelo has strong research skills for gathering information.
4.Daphne is curious about how a disease can be treated and prevented.
5.Sondra has an advanced knowledge of math and physics.
6.Beau is persuasive at convincing people to buy products.

Answers

Answer:

Number 2

Explanation:

To qualify for construction and building you have to be able to know how to do math the apply what you are making to science.

Answer:

C D E

Explanation:

thats right

What would be the price of a perpetuity bond that has a $100 interest payment and a 4% yield?

Answers

Answer:

$2,500.

Explanation:

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