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mina [271]
4 years ago
12

After winning the lottery, you state that you are indifferent between receiving twenty $500,000 end-of-the-year payments (first

payment one year from today) and receiving a lump-sum payment of $5,734,961 today. What interest rate are you using in your decision-making process such that you are indifferent between the two choices?

Business
1 answer:
olga2289 [7]4 years ago
6 0

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

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In analyzing company operations, the controller of the corporation found a $250,000 favorable flexible-budget revenue variance.
goldenfox [79]

Answer: C. changes in unit selling prices.

Explanation:

The options given are:

a. the total flexible budget variance

b. the total static budget variance

c. changes in unit selling prices

d. changes in the number of units sold

Based on the information given, the variance can be wholly explained by changes in unit selling prices.

This is due to the fact that the flexible budget revenue variance is calculated and gotten as the difference between the budgeted revenue and the actual revenue at thesame activity level.

Therefore, the number of units will be thesame in both the actual results and the flexble budget. Then, the difference will be as a result of the change in the unit selling price.

8 0
3 years ago
To begin motivating an apathetic associate, a manager informally questions her about her satisfaction with her job's ability to
fgiga [73]

Answer:

Maslow’s need hierarchy

Explanation:

According to Maslow's Hierarchy of needs, there are five stages of needs which are physiological, safety, love, esteem, and self-actualization. As per this theory, newer higher ranking needs start to emerge when an individual is satisfied by the previous need structure.

When a manager questions  about her satisfaction with her job's ability to provide safety, social interaction, self-respect, and opportunities for growth, he trying to figure out the stage at which the associate is currently on.

7 0
3 years ago
The company receives cash from a bank loan. - The liability account would do the following:
mina [271]
A: Increase hope this helps
8 0
3 years ago
Financial managers must know how to interpret a company's financial statements in order to Multiple select question. effectively
RideAnS [48]

Financial Managers must know how to interpret a company's financial statements to effectively allocate the firm's financial resources and generate the best return possible for the company in the long run.

<h3>Financial Managers</h3>

They analyze the company's finances and report on the finding to their senior managers to maximize profits. Their role mainly includes:

  • Prepare financial reports
  • Review financial information
  • Analyze market position for growth purposes

As with enhancement in technology, financial manager's role is mainly shifted from preparations of reports to analysis and determine the best possible ways for companies to expand.

<h3>Multiple Selections</h3>

Keeping in view the above points mentioned, the financial managers cannot recruit suitable candidates not setting the price of the company's product is their duty. Therefore, these points are invalid.

However, their roles do include allocating the firm's financial resources and generating the best returns for the company to grow in the long run.

Learn more on Financial Managers here: brainly.com/question/1305901

7 0
2 years ago
Zelda Partnership holds cash of $30,000 and inventory worth $60,000 (basis equals $42,000). Zelda makes a $30,000 cash liquidati
Vsevolod [243]

Answer:

6,000 ordinary gain

Explanation:

The computation of gain or loss is shown below:-

Given that

Worth of an inventory = $60,000

Basic inventory = $42,000

Now if we divide this two by each other so the percentage would be

= $60,000 ÷ $42,000 i.e to be greater than the 120% and it is said that the one third would be considered of $18,000

The $18,000 come from

= $42,000 - $24,000

= $18,000

Now its one third is $6,000 and the same is to be treated as ordinary gain

8 0
3 years ago
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