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Licemer1 [7]
3 years ago
14

Luis is going to receive $20,000 six years from now. Soo Lee is going to receive $20,000 nine years from now. Which one of the f

ollowing statements is correct if both Luis and Soo Lee apply a 7 percent discount rate to these amounts?
A. The present values of Luis and Soo Lee's money are equal.
B. In future dollars, Soo Lee's money is worth more than Luis's money.
C. In today's dollars, Luis's money is worth more than Soo Lee's.
D. Twenty years from now, the value of Luis's money will be equal to the value of Soo Lee's money.
E. Soo Lee's money is worth more than Luis's money given the 7 percent discount rate.
Business
1 answer:
irakobra [83]3 years ago
5 0

Answer:

The answer is C. In today's dollars, Luis's money is worth more than Soo Lee's.

Explanation:

Present value for Luis= C(1+i)^-n= 20000(1.07)^-6 = $13326.84

Present value for Soo Lee = C(1+i)^-n= 20000(1.07)^-9= $10878.67

Present value for Luis is greater than that of Soo Lee.

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The value of what businesses provide to other businesses is captured in the final products at the end of the __________ chain.
TiliK225 [7]

The required answer is production.

Production:

  • Producing something is the act of creating something out of components or raw resources. To put it another way, production employs inputs to produce an output that is fit for consumption—a good or product that has value for a customer or end-user.
  • One of the most crucial steps in the manufacturing process, production is fundamental to what it means to be a manufacturer. Without this activity, no finished goods would be produced, leaving no products for buyers to purchase.
  • The purpose of production is to provide the economy with commodities and services. Land is the primary factor of production, but term also refers to any other natural resource that is used to create commodities and services. This includes everything that comes from the land, not just the land itself.

Learn more about production  here brainly.com/question/24481793

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6 0
1 year ago
Whether exchange is between individuals, firms, or countries, voluntary trade occurs because:
larisa86 [58]

Answer:

b.both parties are made better off.

Explanation:

People voluntary to trade when they will better off after the trade. Since individual or nation has different proficiency and endowment resources, the ability to produce some product will be different for each country.

For example, German people are skillful of making beer. They have efficient production. Whereas France have expertise in making perfume. It is reasonable for German people to buy perfume from France since it is cheaper and has better quality than making it themselves. On the other hand, if french want to drink beer, it is cheaper to buy from Germany. Thus, both Germany and France will be better of after the trade.

5 0
3 years ago
Hamburger Hamlets, Inc is a chain of fast-food restaurants. Its major competitor is Sam's Sandwiches, Inc Sam's Sandwiches' publ
dexar [7]

Sam's is liable for defamation statement is true.

<u>Option: A</u>

<u>Explanation:</u>

The vice president of public relations in Sam's Sandwiches issued the following false statement regarding the type of meat the Hamburger Hamlets, Inc use in there fast food products like burger. This showcase the defamation form Sam's side, which is the verbal or written transmission of a false statement about someone else that unjustly damages their image and is typically a felony or a punishment.

Diffamation law only finds defamatory claims if they are, in reality, false. A real assertion is not regarded as slander. In fact, expressions of belief are not assumed inaccurate because of their existence, since they are specific to the speaker.

6 0
3 years ago
1. Which HR practices do you believe are the most critical for Marriott to maintain and grow its competitive advantage?
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Answer:

eeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee

Explanation:

3 0
3 years ago
Statement of Shareholders' Equity You may use the attached spreadsheet to help you complete this activity, but you are not requi
svlad2 [7]

Answer:

POWDER COMPANY Statement of Shareholders' Equity For Year Ended December 31, 2019:

Preferred Stock $100 par  $126,800

Common Stock $5 par $46,400

Additional Paid-in Capital on Preferred Stock $31,700

Additional Paid-in Capital on Common Stock $73,100

Retained Earnings $206,494

Total Shareholders' Equity $484,494

(See calculations below:)

Explanation:

a) Statement of Shareholders' Equity: This is a financial statement under the balance sheet which a company issues to show the changes within the equity section of the balance sheet over a designated period of time.

b) Preferred Stock $100 par $92,800

New Issue, 340                     $34,000

Total $126,800

c) Common stock, $5 par = $37,400

New Issue, 1,800 shares  =   $9,000

Total $46,400

d) Additional paid-in capital on preferred stock 21,500

From new issue of 340 by $30 per share         10,200

Total $31,700

e) Additional paid-in capital on common stock $58,700

From New Issue 1,800 by $8 per share             $14,400

Total $73,100

f) Retained earnings    =      $185,700

 Net Income for the year     $38,950

Less Dividends: Preferred -$8,876 ($7 x 1,268 shares)

Less Dividends: Common -$9,280 ($1 x 9,280 shares)

Retained Earnings balance $206,494

6 0
2 years ago
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