The correct answer is letter B. Providing a delivery service. Making an increase in possession is ensuring that you have the refrigerator or whatever product that you are getting. The ability to feel the tangible touch of a product gives you the possession.
Answer:
$20,900 times the present value of a 5-year, 11% ordinary annuity of 1’
Explanation:
For computing the required initial investment we considered the following information
Withdrawn amount = $20,900
Time period = 5 years
Rate of interest = 11%
in mathematically,
= Withdrawn amount × Present value of a 5-year, 11% ordinary annuity of 1’
By this formula we can get the required initial investment
Answer:
A share of Citigroup stock represents a claim on Citigroup's assets that gives the purchaser a share of the corporation.
Depending on whether you are an investor or the corporation, a bond is more or less riskier than a stock.
If you are an investor, buying a bond is safer than buying stock since in a worse case scenario where the company goes bankrupt, bond holders are paid before than stockholders. Also bonds provide fixed periodic payments (coupons) and a final payment of the face of the bond at maturity date.
If you are the corporation, issuing bonds is riskier than issuing stock since you have the obligation of making fixed periodic payments to bondholders (coupons) and must pay the face value at maturity date. On the other hand corporations don't have any legal obligation to pay dividends.
A business person would most likely use seed capital to start a new business or use it to contribute financially to the business.
The term you're looking for is meritocracy.