[2 points] Consider the following two options. You can receive $87,000 at the end of 4 years, or you could receive $P today. If you do not take the money now (i. e. today) you would deposit any money received (again received today) into a savings account that earns 7.25% interest per year. How much money would you have to receive today (i. e. what is the value of P) that would make you: a. [0.5 points] Prefer to take the option of accepting P dollars today b. [0.5 points] Prefer to take the option of accepting $87,000 at the end of 4 years c. [1 point] Indifferent in the option your choose
Answers: 2
Business, 21.06.2019 19:30
Which of the following correctly describes the accounting for indirect labor costs? indirect labor costs are product costs and are expensed as incurred. indirect labor costs are period costs and are expensed when the manufactured product is sold. indirect labor costs are period costs and are expensed as incurred. indirect labor costs are product costs and are expensed when the manufactured product is sold.
Answers: 3
Business, 21.06.2019 20:30
Andrew cooper decides to become a part owner of a corporation. as a part owner, he expects to receive a profit as payment because he has assumed the risk of - serious inflation eroding the purchasing power of his investment.- being paid before the suppliers and employees are paid.- losing his home, car, and life savings.- losing the money he has invested in the corporation and not receiving profits.- the company giving all of the profits to local communities
Answers: 2
Business, 22.06.2019 13:50
The retained earnings account has a credit balance of $24,650 before closing entries are made. if total revenues for the period are $77,700, total expenses are $56,900, and dividends are $13,050, what is the ending balance in the retained earnings account after all closing entries are made?
Answers: 2
Business, 22.06.2019 15:00
(a) what do you think will happen if the price of non-gm crops continues to rise? why? (b) what will happen if the price of non-gm food drops? why?
Answers: 2
[2 points] Consider the following two options. You can receive $87,000 at the end of 4 years, or you...
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