an outstanding quarterback receives a new contract paying him $10 million per year. how long would it take him at this rate to earn $1 billion?
Answers
An outstanding quarterback receives a new contract paying him $10 million per year. After calculation we know that at this rate it would take him 100years to earn $1 billion.
Let the number of years the quarterback will need to earn $1 billion be x. According to the new contract he earns $10 million per year. So, the total amount he will earn in x years is equal to $10 million multiplied by x. This must be equal to $1 billion.
Thus, we can write the following equation:
$10 million × x = $1 billion
Now, we will solve this equation to find x. To do that, we can divide both sides by $10 million:$\frac{$10 million × x}{$10 million} = \frac{$1 billion}{$10 million}$
Thus, we get: x = 100 years
Hence, the outstanding quarterback will take 100 years at this rate to earn $1 billion.
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Related Questions
The cost-benefit principle states that _____ are the incentives that shape decisions.
a. costs and benefits
b. incomes
c. opportunity costs
d. framing effects
Answers
The cost-benefit principle states that opportunity costs. are the incentives that shape decisions. The value of the foregone alternative action or decision.
is typically defined as the opportunity cost of any given action or decision. In other words, opportunity cost is the loss of potential benefit from other options when one is chosen. It is the economic cost of making a decision, as the opportunity cost of a decision is whatever must be sacrificed in order to make it. An example of opportunity cost is when a person chooses to go to college and forego the opportunity to work and earn money during that time. opportunity cost is the loss of potential benefit from other options when one is chosen. It is the economic cost of making a decision, as the opportunity cost of a decision is whatever must be sacrificed in order to make it.
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Emma is a high school student with a part-time job. She is not eligible for any employer sponsored plan. She wants to start investing for retirement. What is the best type of account for her to use
Answers
The best type of account for her to use is: Individual retirement account.
What is individual retirement account?An individual retirement account is a form of saving account that enables an individual to save ahead of retirement.
Individual retirement account is important for people that want or desire to save retirement.
Since Emma want to start investing for retirement the best choice is for Emma to open an individual retirement account.
Inconclusion the best type of account for her to use is: Individual retirement account.
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What is the population of Quito? Give a simple Answer
less than 500,000
about 850,000
over 1 million
3 million
Answers
Answer:
over 1 million
Explanation:
It has been over 1 million for the past couple years, in 2019 it was just below 2 million.
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Question 9 of 10
If a new source of lumber is found, what is likely to happen to the price of
lumber, and why?
A. The price is likely to increase because demand will increase.
B. The price is likely to increase because costs of production will
increase
C. The price is likely to decrease because demand will decrease.
O D. The price is likely to decrease because supply has increased.
SUBMIT
Answers
Answer:
O D. The price is likely to decrease because supply has increased.
SUBMIT
Explanation:
A new source of lumber will result in an increase in the quantity available for sale. As per the laws of supply and demand, an increase in supply without a corresponding increase in demand leads to reduced prices.
The prevailing market price or equilibrium price is the price at which the current demand matches the current supply. There are no shortages or excesses. An increase in supply creates a surplus in the market. For suppliers to sell the excess lumber supplied, they have to reduce prices to create more demand.
The average mututal fund includes 90-200 companies.
O True
O False
Answers
Answer:
I think it will be false
a supply chain is a global network of organizations and activities involved in:
Answers
A supply chain is a global network of organizations and activities involved in the creation and delivery of products and services to customers.
It encompasses everything from sourcing raw materials to delivering finished goods to end-users. Two important components of the supply chain are logistics and inventory management.
Logistics refers to the process of moving products from one location to another. It involves transportation, warehousing, and distribution. Effective logistics management is essential for ensuring that products are delivered to customers on time and in good condition.
Inventory management involves the management of inventory levels to ensure that there is enough stock to meet customer demand. This involves forecasting demand, ordering products, and managing inventory levels to minimize the risk of stockouts or overstocking. Effective inventory management can help companies reduce costs, improve customer satisfaction, and increase profitability.
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Read the description of the marketing action and then match it to the appropriate stage of the Strategic Marketing Process. 1. Situation analysis 2. Acting on deviations 3. Defining precise tasks, responsibilities, and deadlines 4. Comparing results with plan to identify deviations5. Marketing program 6. Executing the marketing program 7. Obtaining resources 8. Designing the marketing program 9. Market-product focus and goal setting O As the sales for digital cameras has increased, the sales for traditional film and film camera has declined ________O Managers at Kodak select which products will be directed toward which customer for each of its strategic business units ________O Kodak managers select the marketing mix (4Ps) and related budget for each of its strategic business units________O Managers for the digital camera SBU request a larger marketing budget than last year, requiring a reallocation of resources across SBUS________O Given the increase in digital camera sales, Kodak creates a new digital product manager position reporting directly to the Director of Marketing ________O In the weekly marketing meeting, precise duties, responsible party, completion date, and deliverables are defined ________O Kodak launches its new digital camera line with integrated print, television, and radio advertising campaigns ________O Disappointingly, sales projections for exceeded actual sales for the new Kodak digital camera line in the first quarter ________O Based on increasing competition and market demand factors, Kodak lowers the price by 15 percent on its digital camera line________
Answers
Situation analysis, Marketing program ,Designing the marketing program, Market-product focus and goal setting ,Acting on deviations ,Obtaining resources, Executing the marketing program, Defining precise tasks, responsibilities, and deadlines, Comparing results with plan to identify deviations are answers in order.
The following describes the steps taken by Kodak in the Strategic Marketing Process:
Situation analysis: As the sales for digital cameras has increased, the sales for traditional film and film cameras have declined.Marketing program: Managers at Kodak select which products will be directed toward which customer for each of its strategic business units.Designing the marketing program: Kodak managers select the marketing mix (4Ps) and related budget for each of its strategic business units.Acting on deviations: Managers for the digital camera SBU request a larger marketing budget than last year, requiring a reallocation of resources across SBUs.Obtaining resources: Given the increase in digital camera sales, Kodak creates a new digital product manager position reporting directly to the Director of Marketing.Defining precise tasks, responsibilities, and deadlines: In the weekly marketing meeting, precise duties, responsible party, completion date, and deliverables are defined.Executing the marketing program: Kodak launches its new digital camera line with integrated print, television, and radio advertising campaigns.Comparing results with plan to identify deviations: Disappointingly, sales projections exceeded actual sales for the new Kodak digital camera line in the first quarter.Acting on deviations: Based on increasing competition and market demand factors, Kodak lowers the price by 15 percent on its digital camera line.To know more about Situation analysis:
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figueiredo, bernardo, gopaldas, ahir, and fischer, eileen. 2016. the construction of qualitative research articles: a conversation with eileen fischer. consumption markets
Answers
According to Bogdan and Biklen (1982:27), descriptive data is collected in the form of words or pictures rather than numbers in qualitative research. Qualitative research is an umbrella word for a variety of attitudes and tactics for conducting research intended at uncovering how humans understand, experience, interpret, and construct the social environment.
It recommends at least the following sections: introduction, study objectives, literature review, sample, data collection techniques, data analysis methods, findings, discussion, conclusion, and abstract. Each of these parts is covered in detail, with numerous written examples.Surveys, interviews, and focus groups are some examples of research instruments. Surveys can be used to acquire quantitative data from a broad number of people, whereas interviews and focus groups can collect qualitative data.
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Maximum profit can occur when marginal profit is zero. True O False
Answers
The statement "Maximum profit can occur when marginal profit is zero" is not entirely true. The correct answer is False.
What is Marginal profit?Marginal profit refers to the additional profit a company generates by producing one more unit of a product or providing one more service. Marginal profit is zero when the total cost of producing an additional unit of a product equals the total revenue earned from selling that unit of the product. The additional benefit that a company would get from producing one more unit would be equal to the additional cost of producing one more unit. Hence, the profit would not increase or decrease.
At that stage, the company is operating at the highest point of its production efficiency and producing beyond this point would result in decreasing profits. Therefore, at this point, the firm has reached its optimal capacity.
The maximum profit is obtained when the marginal cost is equal to marginal revenue. Therefore, the statement "Maximum profit can occur when marginal profit is zero" is not entirely true.
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rate this photo...............
Answers
Answer:
ok
Explanation:
black and white
Answer:
um id.k maybe a 5 1/2 ig?
Explanation:
imapct of corona virus as one of the socio - economic issues on business
Answers
Answer: It has also sparked fears of an impending economic crisis and recession. Social distancing, self-isolation, and travel restrictions have lead to a reduced workforce across all economic sectors and caused many jobs to be lost. Schools have closed down, and the need for commodities and manufactured products has decreased.
Hope this helped!
Answer:
the impact of the corona virus on bussisess and the econmy has made people lose their jobs and bussineses shut down
Explanation:
Quebec supplies roughly 75% of the world’s supply of what?
Answers
Answer:
Explanation:
Quebec supplies roughly 75% of the world's supply of maple syrup. The province of Quebec in Canada is known for its vast forests of maple trees and is responsible for the majority of the world's maple syrup production. The syrup is produced by tapping the trees, collecting the sap, and boiling it down to concentrate the sugar. Quebec's reputation for high-quality maple syrup, combined with its large-scale production, has made it the dominant global supplier of the sweet, sticky syrup.
100 points
Spreadsheets
Project: Perform Spreadsheet Calculations Active
In ProgressAttempt 2
Highlighter
CyanMagentaGreeenClear Highlights
Answers
Answer:
Good luck next year. Before i go i want to give a huge thank u to, brainly, quizlet, mathaway and more because without u all i wouldn't be able to pass. THANK U!!!
Q. Rakesh owns a garment shop. He wants to expand his business but he is confused whether to appoint a manager or go in for a partner. Which is the better option and why?
Answers
Answer:
He should appoint a manager.
Explanation:
Rakesh must appoint a manager if he wishes to expand his business of garment shop. The manager will constantly strive to attain the desired goals on behalf of Rakesh. It will give sufficient time to him which he can use in looking for new target markets and customers, new products or items which he can add on to his shop, and much more. Meanwhile, the manager will lead the work and keep ensuring that the employees are working efficiently by motivating them. He will take all the necessary decisions to ensure that the intended profits and goals are achieved.
If the japanese government imposes tariffs on imported foreign rice, the result will be….
Answers
Answer:
Explanation:
If the Japanese government imposes tariffs on imported foreign rice, the result will be... an decrease in employment in the Japanese rice industry.
This jacket is so thin. It can't possibly keep out the rain."(Use the boomerang method.)
Answers
Answer:
The jacket is thin because it uses a fiber called thinsulate that enables it to have the lightest weight but is also the warmest.
Explanation:
In general marketing, the boomerang method refers to the 'reconstruction' of the customer's objection into the main reason for buying. In other words, using the same excuse that a customer has about a product to entice him/her to buy that product by reframing it as a selling point is known as the boomerang method.
In the given scenario, the customer's objection is about the thinness of the jacket can be used as a selling point by the salesman by stating that the lightness of the jacket is what makes it a good product. So, if the seller tells the customer "the jacket is thin because it uses a fiber called Thinsulate that makes it thin but also warm", then that will make it an interesting and important factor for the customer to like the product more.
If a business has no answer to fight back against its competition, then the _____ risk has been encountered.
1. financial
2. strategic
3. compliance
4. operational
Answers
the act or process of complying to a desire, demand, proposal, or regimen or to coercion
If you observe a police officer getting what seems to you to be free coffee and donuts at a Dunkin Donuts within the precinct, and you were moved to file a complaint, with what agency or unit would you file the complaint (no initials please)
Answers
If you observe a police officer getting what seems to you to be free coffee and donuts at a Dunkin Donuts within the precinct, and you were moved to file a complaint, you should file the complaint with the Internal Affairs Bureau (IAB).
If a person observes a police officer getting free coffee and donuts from Dunkin Donuts in the precinct, they can file a complaint with the Internal Affairs Bureau (IAB). The Internal Affairs Bureau is responsible for investigating any complaints of misconduct against the police, such as abuse of power, corruption, or other inappropriate behavior.
An Internal Affairs Bureau investigation may result in disciplinary action, dismissal, or other consequences for the police officer involved in the complaint. Therefore, if an individual believes that a police officer has engaged in inappropriate behavior or has violated their duties, they can file a complaint with the Internal Affairs Bureau (IAB) in order to address the issue.
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Which of the following can a grocery store change in the long run?
A. the number of shelves, employees, and parking spaces in the parking lot
B. the type of grocery carts, magazine racks, and produce displays
C. the store location, sign on the storefront, and advertising on the media
D. all of the above
Answers
Answer:
I believe all of the above
Explanation:
went with what came to mind if its wrong very sorry.
A grocery store change, in the long run, is all of the above. Thus the correct option is D.
What is the importance of change?In order to remain in competition an organization needs to work on bringing change and innovation in the process as well as a product that helps them in achieving higher revenue by following trends and preferences.
If an organization adopts change frequently it shows its flexibility to cope with the demands of the market in order to meet the level of satisfaction of customers.
A grocery store that is planning to grow may eventually affect the number of shelves, staff, and parking places in the lot which helps in better services to their customers.
The design of the fruit displays, magazine racks, and grocery trolleys as well as the store's location, storefront sign, and media advertising can all help to increase sales and draw in more customers.
Therefore, option D is appropriate.
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List any THREEshopping skill that you will follow.
Answers
2. Negotiating major purchases
3. Evaluating competing products
4. Separating quality from quantity when clothes shopping
5. Determining want versus need
6. Learning how to just say NO
7. Identifying the right times to buy things
8. Seeing the value in used goods
9. Avoiding shopping hungry OR emotional
10. Knowing your shopping triggers and staying away from them
There are 10 shopping skills that we can follow , you can choose any 3 from these and answer your question.
which type of loan is not secured by a government entity and usually has the best rate and term?
Answers
Answer: Conventional Mortgage
Explanation:
A conventional mortgage or conventional loan is a home buyer's loan that is not offered or secured by a government entity. It is available through or guaranteed by a private lender or the two government-sponsored enterprises—Fannie Mae and Freddie Mac.
ABC Corp. plans to finance its expansion by borrowing $20 million and halting dividends. No other debt or preferred stock is in the firm. The projected free cash flows are, Year 1 FCF = $4 million, Year 2 FCF = $5 million, and Year 3 FCF = $6 million. The FCFs are expected to grow at constant rate of 6% after year 3. The WACC is 16%, and the company has 1 million shares of stock. What should be the current stock price?
Answers
The current stock price of ABC Corp. should be approximately $47.28.
To determine the current stock price of ABC Corp., we can use the discounted cash flow (DCF) valuation method.
The DCF approach calculates the present value of expected future cash flows and discounts them back to the present using the company's weighted average cost of capital (WACC).
First, we need to calculate the terminal value, which represents the value of the company's expected cash flows beyond year 3. The terminal value can be calculated using the formula: Terminal Value = Year 3 FCF * (1 + Growth Rate) / (WACC - Growth Rate).
In this case, the Year 3 FCF is $6 million, the growth rate is 6%, and the WACC is 16%. Plugging in these values, we have: Terminal Value = $6 million * (1 + 0.06) / (0.16 - 0.06) = $6 million * 1.06 / 0.1 = $63 million.
Next, we need to calculate the present value of the projected free cash flows (FCFs) and the terminal value. We discount each cash flow by the WACC to determine its present value.
The formula for calculating the present value of cash flows is: Present Value = Cash Flow / (1 + WACC)^n, where n is the time period.
Using this formula, we calculate the present value of Year 1 FCF as $4 million / (1 + 0.16)^1 = $4 million / 1.16 = $3.45 million.
Similarly, the present values of Year 2 and Year 3 FCFs are: $5 million / (1 + 0.16)^2 = $5 million / 1.3456 = $3.72 million, and $6 million / (1 + 0.16)^3 = $6 million / 1.5569 = $3.85 million, respectively.
Now, we need to calculate the present value of the terminal value. We discount it back to the present by dividing it by (1 + WACC)^3, as the terminal value is expected to occur at the end of year 3.
So, the present value of the terminal value is: $63 million / (1 + 0.16)^3 = $63 million / 1.739 = $36.26 million.
Finally, we sum up the present values of the FCFs and the terminal value to obtain the total present value: $3.45 million + $3.72 million + $3.85 million + $36.26 million = $47.28 million.
To calculate the current stock price, we divide the total present value by the number of shares outstanding. In this case, the company has 1 million shares. So, the current stock price would be $47.28 million / 1 million shares = $47.28.
Therefore, the current stock price of ABC Corp. should be approximately $47.28.
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oyce thinks she needs an additional $18,000.00 in her retirement account. She has been investing the same amount at the end of every year. If she plans on retiring in 25 years and the account earns 6% per year, how much more does she need to put in every year to increase her savings by the desired amount? Multiple Choice ▢ $720.00 ▢ $1,408.08 ▢ $4,193.98 ▢ $167.76 ▢ $328.08
Answers
Joyce needs to put an additional $1,408.08 per year in her retirement account to increase her savings by $18,000.00 in 25 years if she is investing at the end of every year and earning 6% interest.
How to find the amount needed to increase savings?
The amount needed to increase savings can be found by using the formula to find out the future value of an annuity. FVn = PMT x [(1 + i)n – 1] / iHere, FVn = Future value of the investmentn = Number of yearsPMT = Payment amounti = Interest rate per payment periodIn this question, Joyce thinks she needs an additional $18,000 in her retirement account. She is investing the same amount at the end of every year. So, PMT is the amount she is investing at the end of every year. The account earns 6% per year, so i = 6% = 0.06. She plans on retiring in 25 years. Therefore, n = 25.Now, we can plug the values into the formula and solve for PMT. FVn = PMT x [(1 + i)n – 1] / i$18,000 = PMT x [(1 + 0.06)25 – 1] / 0.06$18,000 = PMT x 22.4683664463PMT = $18,000 / 22.4683664463PMT = $800.08If Joyce continues to invest $800.08 every year at the end of the year, her retirement account will have an additional $18,000 in 25 years. However, she wants to know how much more she needs to put in every year to increase her savings by the desired amount. Therefore, the answer is: $1,408.08.
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Which type of employee receives the most paid leave benefits?
O they all receive the same
full-time
O temporary
O part-time
Answers
Answer:
I think it's full-time
Answer:
Full time
Explanation:
Question 13 of 20
Which part of the product life cycle typically includes consumer tests and a
high advertising budget?
A. Introduction stage
B. Decline stage
C. Growth stage
D. Maturity stage
Answers
Answer:
introduction stage
Explanation:
it's making me have 20 characters so it's just introduction stage to introduce a new product
It is the journey and not the destination that counts? is this a growth or fixed mindset?
Answers
What does it mean to use diverse marketing strategies?
Answers
Answer:
Diversity refers to the fact that there are various ethnic or cultural groups within society. By using diverse marketing strategies, you appreciate this societal makeup with all of its different talents, needs, interests, and skills. It also means tolerating different preferences and ways of life — even in religious or sexual orientation.
Explanation:
Select the statement below that describes a post-closing trial balance. Multiple choice question.
A. It is a listing of all permanent accounts and their balances after closing.
B. It is a listing of all temporary accounts and their balances after closing.
C. It is a financial statement that describes all revenue and expense accounts after closing,
D. It is a listing of all permanent accounts and their balances immediately after the adjusting process.
Answers
The post closing trial balance is A. a listing of all permanent accounts and their balances after closing.
What is the post closing trial balance?It shows the balances of permanent accounts (balance sheet items) at the closing of the reporting period. Helps compare debits to credits.The post closing balance sheet allows a company to balance its accounts by comparing the balances on the debit side with the credit side. Adjustments can then be made.
In conclusion, option A is correct.
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Purple Consulting has five consultants in the firm. The company's annual revenue is around $500,000. Income is distributed among all consultants, and each is personally liable for claims if the company goes under.
Answers
Purple Consulting provides services to clients to help grow their business and increase profit. The five consultants work together to develop and implement initiatives to increase revenue and client base.
The consultants are responsible for providing services to clients, which may include but are not limited to:
Market researchStrategy developmentDigital marketingBrand developmentProduct developmentCustomer serviceIn addition to client services, the consultants also focus on business development, client acquisition, and management of the firm's operations. Each consultant is expected to use their expertise to develop and implement new initiatives that will increase the firm's revenue, profitability, and client base.
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why is it important to consider the annual fee when comparing credit card offers?
Answers
Answer:
Money of rewards need to be greater than annual fee. APR because it determines interest you pay on balance you carry.
Explanation: