For this case we have an equation of the form:
Where,
A: initial amount
b: growth rate
x: number of years
Substituting values we have:
By the time the earnings increase to 75000 we have:
From here, we clear x:
Answer:
you will have to wait until 23.95 years your winnings are worth $ 75,000
Answer:
understand
Explanation:
by understanding each other and work inline with the business goal in order to achieve the business objective
Answer: The correct answer is "a. the ability of management to use accruals to reduce the volatility of reported earnings over time.".
Explanation: Income smoothing refers to <u>the ability of management to use accruals to reduce the volatility of reported earnings over time.</u>
The smoothing of earnings is a practice that consists in reducing fluctuations in recognized income and, therefore, fluctuations in earnings. That is, the smoothing of earnings implies saving income in bonanza times to recognize them accountingly when income is meager.
Answer:
C
Explanation:
Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.
By choosing to produce one pound of butter, Alpha is forgoing the opportunity to produce one more pound of cheese
Opportunity cost = 30/15 = 2
Answer:
The correct answer is B. informal information search.
Explanation:
An informal source of information is basically that which comes from experiences and not in-depth studies on the economic sector. In this case, Shawn tries to get to know all the process, starting with the sales representatives who are the people who day by day carry out the most important work of the organization and know the market and its main challenges. Fairs and newspapers are informal media that rarely have verified information or information from structured studies.
