An important element in estimating the present value of an investment is the calculation of the discount factor. The discount factor may be expressed as where r is the discount rate and n is the number of years the investment is held.

Providing a great shopping experience to customers is one of the important objectives of purple fashions inc., a clothing store. to achieve this objective, the company has a team of committed customer service professionals whose job is to ensure that customers get exactly what they want. this scenario illustrates that purple fashions is trying to achieve

Sally has a high-paying management position with a fortune 500 company, but she is tired of working for corporate america. so sally has decided to start a business, and she knows she will be successful as an entrepreneur because entrepreneurs typically

Which of the following would not be listed under cash outflows in a financial plan?