Questions & AnswersManagerial Accounting

ou can't decide if you want to become an actual influencer or if...

Question
Answered step-by-step
Asked by eb1application on coursehero.com

ou can't decide if you want to become an actual influencer or if...

ou can't decide if you want to become an actual influencer or if you want to do it Denzel "Training Day" style train other people how to be influencers. Unfortunately, you only have time to do one. (Plus you wouldn't want to train your competition.) If you try to become an influencer, you'll need to spend $100,000 today on a complete make over, renting fake private planes, location faking software, a really good photographer to make California look like Europe, Latin America, Australia, and Bora Bora, Photoshop training, and marketing. You think you could make $25,000 per year for the next 8 years starting a year from today before you age out. If you become a trainer, you need to spend $20,000 on marketing today and expect to make $10,000 per year for the next 10 years starting a year from today before social media is shutdown due to mental health issues. If your discount rate is 10%, which project should you take? 

Answer & Explanation

Solved by verified expert
Answered by jjpjaranilla on coursehero.com
<p>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet. Nam risus ante, dapibus a molestie consequat, ultrices ac magna</p><figure class="table">sectetur adipiscing elit. Nam lacinia pulvinar tortor nec fa</figure>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec
CliffsNotes Logo

Unlock access to this and over
10,000 step-by-step explanations

Unlock Explanation

Have an account? Log In

Step-by-step explanation

<p>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet. Nam risus ante, dapibus a molestie consequ</p><p> </p><p>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet. Nam risus ante, dapibus a molestie consequat, ultrices ac magna. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. Donec aliquet. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus eff</p><p> </p><p>sectetur</p><p>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet. Nam risus ant</p><p>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet. Nam risus ante, dapibus a molestie consequat, ultrices ac magna. F</p><p>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet. Nam risus an</p><p> </p><p>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet. Nam risus ante, d</p><figure class="table"><table><tbody><tr><td colspan="4">sectetur adipiscing elit. Nam lacinia pulvinar tortor n</td></tr><tr><td>sectetur</td><td>sectetur adipiscing eli</td><td>sectetur adipiscing elit. Nam lacinia pulvin</td><td>sectetur adipiscing elit. Nam lacinia pulvi</td></tr><tr><td>sectetur adi</td><td>sectetur adipiscing elit. Nam lacinia</td><td>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet</td><td>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus effici</td></tr><tr><td>sectetur ad</td><td>sectetur adipiscing elit. Nam lacinia pulvin</td><td>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet</td><td>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur l</td></tr><tr><td>sectetur ad</td><td>sectetur adipiscing elit. Nam lacinia pulvin</td><td>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet</td><td>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur l</td></tr><tr><td>sectetur ad</td><td>sectetur adipiscing elit. Nam lacinia pulvin</td><td>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet</td><td>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur l</td></tr><tr><td>sectetur ad</td><td>sectetur adipiscing elit. Nam lacinia pulvin</td><td>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet</td><td>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur l</td></tr><tr><td>sectetur ad</td><td>sectetur adipiscing elit. Nam lacinia pulvin</td><td>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet</td><td>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur l</td></tr><tr><td>sectetur ad</td><td>sectetur adipiscing elit. Nam lacinia pulvin</td><td>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet</td><td>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur l</td></tr><tr><td>sectetur ad</td><td>sectetur adipiscing elit. Nam lacinia pulvin</td><td>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet</td><td>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur l</td></tr><tr><td>sectetur ad</td><td>sectetur adipiscing elit. Nam lacinia pulvin</td><td>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet</td><td>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur l</td></tr><tr><td> </td><td> </td><td>sectetur adipiscing elit. Nam lac</td><td>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur l</td></tr></tbody></table></figure><p>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet. Nam risus ante, dapibus a molestie con</p><figure class="table"><table><tbody><tr><td>sectetur adipiscing elit. Nam lac</td><td>sectetur adipiscing elit.</td></tr><tr><td>sectetur adipiscing elit. Nam lacinia pulvi</td><td>sectetur adipiscing eli</td></tr><tr><td>sectetur adipiscing elit. Nam lacinia pulvin</td><td>sectetur adipiscing elit.</td></tr></tbody></table></figure><p>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laor</p><p> </p><p>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet. Nam risus ante, dapibus a molestie consequat, ultrices ac magna. Fusc</p><figure class="table"><table><tbody><tr><td colspan="4">sectetur adipiscing elit. Nam lacinia pulvinar tor</td></tr><tr><td>sectetur</td><td>sectetur adipiscing eli</td><td>sectetur adipiscing elit. Nam lacinia pulvin</td><td>sectetur adipiscing elit. Nam lacinia pulvi</td></tr><tr><td>sectetur adi</td><td>sectetur adipiscing elit. Nam lacinia pul</td><td>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet</td><td>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitu</td></tr><tr><td>sectetur ad</td><td>sectetur adipiscing elit. Nam lacinia pulvin</td><td>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet</td><td>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laore</td></tr><tr><td>sectetur ad</td><td>sectetur adipiscing elit. Nam lacinia pulvin</td><td>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet</td><td>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laore</td></tr><tr><td>sectetur ad</td><td>sectetur adipiscing elit. Nam lacinia pulvin</td><td>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet</td><td>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laore</td></tr><tr><td>sectetur ad</td><td>sectetur adipiscing elit. Nam lacinia pulvin</td><td>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet</td><td>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laore</td></tr><tr><td>sectetur ad</td><td>sectetur adipiscing elit. Nam lacinia pulvin</td><td>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet</td><td>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laore</td></tr><tr><td>sectetur ad</td><td>sectetur adipiscing elit. Nam lacinia pulvin</td><td>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet</td><td>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laore</td></tr><tr><td>sectetur ad</td><td>sectetur adipiscing elit. Nam lacinia pulvin</td><td>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet</td><td>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laore</td></tr><tr><td>sectetur ad</td><td>sectetur adipiscing elit. Nam lacinia pulvin</td><td>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet</td><td>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laore</td></tr><tr><td>sectetur ad</td><td>sectetur adipiscing elit. Nam lacinia pulvin</td><td>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet</td><td>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laore</td></tr><tr><td>sectetur</td><td>sectetur adipiscing elit. Nam lacinia pulvin</td><td>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet</td><td>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laore</td></tr><tr><td> </td><td> </td><td>sectetur adipiscing elit. Nam lac</td><td>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur l</td></tr></tbody></table></figure><p>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet. Nam risus ante, dapibus a molestie con</p><figure class="table"><table><tbody><tr><td>sectetur adipiscing elit. Nam lac</td><td>sectetur adipiscing elit.</td></tr><tr><td>sectetur adipiscing elit. Nam lacinia pulvi</td><td>sectetur adipiscing elit.</td></tr><tr><td>sectetur adipiscing elit. Nam lacinia pu</td><td>sectetur adipiscing elit.</td></tr></tbody></table></figure><p>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet. Nam risus ante, dapibus a molestie consequat, ultrices ac magna. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. Donec aliquet. Lorem ipsum dolor sit amet, con<strong>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet. Nam risus ante, dapibus a</strong></p>

Get unstuck with a CliffsNotes subscription

Example CliffsNotes Question and Answer
Unlock every step-by-step explanation, download literature note PDFs, plus more.Get Access

Related Q&A