1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
storchak [24]
3 years ago
12

There are four basic principles of finance. Which principle correctly describes the following​ statement: ​ "A dollar today is w

orth more than a dollar received in the future. ​ Conversely, a dollar received in the future is worth less than a dollar received​ today"?
Business
1 answer:
Mekhanik [1.2K]3 years ago
8 0

Answer:

Time value of money

Explanation:

The ability of money kept in a savings deposit to earn interest over time and the increase in the total interest in line with the length of time, brought us to a conclusion that <em>an amount of money to be received now, that is in the present, is worth more than the same amount if received in the future.</em>

The increase in the value of money as a result of interest earned on it, increases the value of money, this concept is what is referred to time value of money.

You might be interested in
The type of performance appraisal that judges specific, observable aspects of performance like being on time for work is a(n) __
RUDIKE [14]

The type of performance appraisal that judges specific, observable aspects of performance like being on time for work is a behavioral  appraisal.

<h3>What is behavioral  appraisal ?</h3>

Behavioral appraisal  is usually focus on specific actions that are related to the job it usually define desired parameters of the action s in the job .

In this case, The type of performance appraisal that judges specific, observable aspects of performance like being on time for work is a behavioral  appraisal.

Learn more about behavioral  appraisal on:

brainly.com/question/18597072

#SPJ1

5 0
1 year ago
I.
AlekseyPX

Answer:

cool

Explanation:

coooooooooooooooooooooooooooool

5 0
2 years ago
You can spend $100 on either a new economics textbook or a new CD player. If you choose to buy the new economics textbook, the o
Fed [463]

Answer: Option (B) is correct.

Explanation:

Given that,

Cost of new economics textbook = $100

Cost of new CD player = $100

Opportunity cost is the benefit that is foregone for an individual by choosing one alternative over other alternatives available to him.

If the opportunity cost is lower for an individual then this will benefit him whereas if the opportunity cost is higher then this will not benefit the individuals.

As the cost of both the products are identical, so the opportunity cost of buying new economics textbook is the enjoyment of the new CD player.

4 0
3 years ago
Exercise 2-15 Computing net income LO A1 A corporation had the following assets and liabilities at the beginning and end of this
Ipatiy [6.2K]

Answer:

a. $32,039

b. $19,439

c. -$12,961

d. $9,639

Explanation:

We will use accounting equation to solve the above question.

Assets = Liabilities + Equity

Also;

Net income will be the difference in equity plus dividends minus contributions

= [Ending equity - Beginning equity ] + Dividends

Since the beginning and ending equity is the same for all the years, then we'll have

$71,500 = $30,652 + Equity

Equity = $40,848

Ending equity = $122,500 - $49,613

= $72,887

a. Income : $72,887 - $40,848 + 0 - 0

= $32,039

b. $72,887 - $40,848 + $1,050 × 12 - 0

= $19,439

c. $72,887 - $40,848 + 0 - $45,000

= -12,961

d. $72,887 - $40,848 + $1,050 × 12 - $35,000

= $32,039 + $12,600 - $35,000

= $9,639

6 0
3 years ago
Select the law that determines if the strategy is legal or illegal. 1. WCG agrees with its cell plan competitors to raise prices
Llana [10]

Answer:

The given laws for each are as follows:

Explanation:

1. WCG agrees with its cell plan competitors to raise prices for all customers - Sherman Antitrust Act

2. WCG colludes with another company to stop offering family plan discounts - Sherman Antitrust Act

3. WCG decides to advertise a new plan that is 75 percent off the regular plan, even though it is only 20 percent less - Wheeler-Lea Act

4. WCG promises retail consumers a "wholesale" rate, even though it is the same price as always - Wheeler-Lea Act

5. WCG wants to attract more women to its plans and starts offering female consumers 30 percent off their bill - Robinson-Patman Act

6. WCG offers a discount to teenage males in an effort to get customers from its more trendy competitor - Robinson-Patman Act

5 0
3 years ago
Other questions:
  • If there are constant rumors that a business is in financial crisis, employees might lose internal motivation. which level of ma
    9·2 answers
  • All sources of income is also known as which of the following?
    9·2 answers
  • Which of the following statements is CORRECT?A. Even though Firm A's current ratio exceeds that of Firm B, Firm B's quick ratio
    13·1 answer
  • The country of Dalima has long been a substantial exporter of agricultural goods, reflecting its unusual abundance of arable lan
    5·1 answer
  • You discover that your supervisor/team leader stole a password and she has been secretly logging into the computer of another te
    6·1 answer
  • Assume a nominal interest rate on one-year U.S. Treasury Bills of 2.60% and a real rate of interest of 1.00%. Using the Fisher E
    9·1 answer
  • In the circular flow model, who supplies factors of production in exchange for income?
    14·1 answer
  • Kirsten, a manager, is writing an analysis of her employer's current and possible future revenues. Which of the following could
    10·1 answer
  • A factory worker really wants to move up in the corporation. He does his work, stays late, and is always looking for extra ways
    9·1 answer
  • Melissa writes checks to pay for her rent, utilities, and groceries, and she keeps a record of all these transactions in her che
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!