Answer:
player 2 is signing a better contract
Explanation:
the present value of an annuity (player 1) = annual payment x annuity factor
assuming that the interest rate is 10%
present value = $10 million x 6.1446 (PV annuity factor, 10%, 10 periods) = $61.446 million
player 2's contract
the present value of a growing annuity = [payment / (i - g)] x {1 - [(1 + g) / (1 + i)]ⁿ} = [$10 / (10% - 5%)] x {1 - [(1 + 5%) / (1 + 10%)]¹⁰} = $200 x 0.372 = $74.398 million
Research and collect information.
<u>The phases of the 3 x 3 process are:</u>
1. Pre-writing: think about your audience, anticipate the reaction to your message adapt the message to the audience
2. Drafting: <u>research and collect information,</u> organize it and write the first draft
3. Revising: Edit, proofread, and make sure it meets the goals that you developed in the pre-writing process.
Answer:
$20,000
Explanation:
Since Slide Company does not have any controlling interest which is ability to influence the decision making.
In Power Company, it should recognize the amount of below as dividend income in the current year,
50,000 * 40% = $20,000
Answer:
Seashells were better than corn.
Explanation:
I think shells were the better choice. They were also used as ornaments. The shells were very easy to use and durable. Payments were made using shells. The shells are considered as the oldest form of currency and they originated in ancient China.
It helped in a growing trade. Shells were the part of commodity money.Sea shells were used as a whole or partial. Shells were used either in the shape of beads or artificially shaped.