Answer:
a) The PV of the quarterback's contract is 13.91 million
b) The PV of the receiver's contract is 14.42 million
.
c) The Receiver is better paid
Explanation:
a)
PV of quarterback
= 3.1/1.09 + 3.1/1.09^2 + 3.1/1.09^3 + 3.1/1.09^4 + 3.1/1.09^5 + 3.1/1.09^6
= 3.1/0.09*(1 - (1/1.09)^6)
= 13.91 million
Therefore, The PV of the quarterback's contract is 13.91 million
.
b)
PV of receiver's contract
= 5 + 2.1/1.09 + 2.1/1.09^2+2.1/1.09^3+2.1/1.09^4+2.1/1.09^5+2.1/1.09^6
= 5 + 2.1/0.09*(1 - (1/1.09)^6)
= 14.42 million
Therefore, The PV of the receiver's contract is 14.42 million
.
c) Since the PV of the quarterback's contract is less than the PV of the receiver's contract, The Receiver is better paid.
Answer:
C) aspirational reference group
Explanation:
An aspirational reference group can be described as a group of individuals with whom a person (or many millions in this case) wish to be associated with. This person will try to imitate their behavior, and most importantly their purchase behavior since he/she doesn't belong to that group but wishes he/she could.
Answer:
Correct answer is A. North America
Explanation:
IBM environmental study report the list countries according to their responses to the green practice which indicate that North America is likely to lag in the eco-friendly activities.
Answer: Valuation
Explanation:
The assertion that assertion relates to the statement that Assets, liabilities, and equity interests are included in the financial statements at appropriate amounts is the valuation assertion.
According to the assertion of accuracy and valuation, it simply means that all the figures that are presented in a financial statement are known to be accurate and are based on proper valuation of the assets, the liabilities and the equity balances
Umm... I can't find the choices... So, those are the choices I made up that are correct to your question.
- Spills covering grounds or falling hazards, such as blocked paths or cords going over the ground.
- Working from heights, including ladders, scaffolds, roofs, or an elevated workspace.
- Unguarded device and moving machine pieces; guards dismissed or moving pieces that a worker can unintentionally touch.
