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ioda
3 years ago
8

Your grandmother has promised to give you $5,000 when you graduate from college. She is expecting you to graduate two years from

now. What happens to the present value of this gift if you delay your graduation by one year and graduate three years from now?a. remains constantb. Increasesc. Decreasesd. becomes negativee. cannot be determined
Business
1 answer:
kirza4 [7]3 years ago
8 0

Answer:

The correct answer is letter "C": Decreases.

Explanation:

The Present Value tells us how much a future sum of money is worth today given a specified rate of return. This is an important financial concept based on the principle that money received in the future is not worth as much as an equal sum received today.

In that sense, if the graduation is delayed one more year, the initial $5,000 (USD) will value lesser than if the graduation would have taken place only in two years now.

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Which of the following is most likely to be a primary data source:
love history [14]

Answer:

d. A customer survey

Explanation:

Data collected by researchers for the first time for a specific study is primary data.  A customer survey is a method of collecting primary data. A customer survey gathers information on the research topic directly from respondents.

Primary data like surveys are costly and consume time to collect, unlike secondary data. Other methods of collecting primary data include administering questionnaires, direct or indirect personal interviews, field observations, and experiments.

7 0
3 years ago
Creswell Corporation's fixed monthly expenses are $30,000 and its contribution margin ratio is 63%. Assuming that the fixed mont
nasty-shy [4]

Answer:

Net income= $27,960

Explanation:

Giving the following information:

Fixed costs= $30,000

contribution margin ratio= 0.63

Sales= $92,000

<u>First, we need to calculate the total contribution margin:</u>

Total contribution margin= 92,000*0.63= 57,960

<u>Now, the net income:</u>

Net income= 57,960 - 30,000

Net income= $27,960

5 0
4 years ago
The Old World Café’s cash register receipts showed total sales of $884. The cash equaled $534, and the credit card slips equaled
Crazy boy [7]

Answer:the answer is $307

Explanation: some one didn't pay

8 0
3 years ago
An investment costs $152,000 and has projected cash inflows of $71,800, $86,900, and −$11,200 for Years 1 to 3, respectively. If
Svetach [21]

<u>Solution and Explanation:</u>

The following is used in order to calculate the internal rate of return

year  Cash flow    

0 -$152000    

1 $71800    

2 $86900    

3 -$11200    

Internal rate of return -2.07 percent ( the internal rate of return has been calculated by using the excel sheet)  

The IRR rule cannot be applied in this case. Since, the cash flow direction changes twice, there are two internal rate of return. Thus, the Internal rate of return cannot be used to determine acceptance or the rejection.

7 0
3 years ago
Suppose that many people who earn a living raising cows decide they can make more money selling t-shirts and switch occupations.
zimovet [89]

Answer:

B. There will be a decrease in supply.

Explanation:

The switch would cause the amount of cow rearers to fall. The amount of cow available would fall and there would be a decrease in the supply of beef.

I hope my answer helps you

5 0
3 years ago
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