You can exchange money for goods and services.
I don't think so cause they are both different companies. <span />
Answer:
True
Explanation:
The profit margin calculation is shown below:
= (Net income ÷ net sales) × 100
= ($130,500 ÷ $1,740,000) × 100
= 7.5%
We simply divide net income by net sales in order to achieve the gross profit margin. This indicates a correlation between net income or net income and net sales.
All other information provided is irrelevant. Therefore, it was ignored
<u>Answer:</u>Money received today can grow at compound rate.
<u>Explanation:</u>
The time value of the money increases based on the interest rates. So dollar earned today has more value than dollar earned tomorrow. The time value of money concept is used in financial decision making. If $1 is received today it can be invested and the rate of interest on that investment is an added value to $1.
Money can earn interest so any amount of money received today is better than receiving the same amount in the future.
Fight for your case. You must have evidence to support what your saying about your situation.