In 1626, dutchman peter minuit purchased manhattan island from a local native american tribe. historians estimate that the price he paid for the island was about $24 worth of goods, including beads, trinkets, cloth, kettles, and axe heads. many people find it laughable that manhattan island would be sold for $24, but you need to consider the future value (fv) of that price in more current times. if the $24 purchase price could have been invested at a 4.00% annual interest rate, what is its value as of 2017 (391 years later)? $93,253,648.69 $109,710,174.93 $126,166,701.17 $144,817,430.91

Licensing is perhaps the easiest method of entering into international trade. another method of entering international trade, which can be relatively low risk, is which opens several levels of involvement to company

What would happen to the equilibrium price and quantity of lattés if the cost to produce steamed milk

Sailcloth & more currently produces boat sails and is considering expanding its operations to include awnings for homes and travel trailers. the company owns land beside its current manufacturing facility that could be used for the expansion. the company bought this land 5 years ago at a cost of $319,000. at the time of purchase, the company paid $24,000 to level out the land so it would be suitable for future use. today, the land is valued at $295,000. the company has some unused equipment that it currently owns valued at $38,000. this equipment could be used for producing awnings if $12,000 is spent for equipment modifications. other equipment costing $490,000 will also be required. what is the amount of the initial cash flow for this expansion project?