Technology has been considered the main purchasing agent
Most likely a two year college, so a local community college nearby is a good option. It's also a lot cheaper than a traditional university.
Answer:
the value of the cash flow in year 5 is -$48
Explanation:
Cash flow in year 5 include a capital repayment and interest expense.This can be determined by constructing an amortization schedule from the data given.
The first step in constructing the amortization schedule is to find the Yield to Maturity.
Pv = -$600
Pmt = $600 × 8% = $48
P/yr = 1
N = 10
Fv = $600
YTM = ?
Using a Financial Calculator the Yield to Maturity is 8%.
then to determine the cash flow for year 5, we need the coupon amount (interest) and the amount of capital repayment.
Coupon $48
Capital $0
Total $48
Therefore the cash flow in year 5 is -$48.
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Answer:
Rationalization
Explanation:
The Fraud Triangle has three legs:
- opportunity: what circumstances were needed or allowed for the fraud to occur? Weak internal controls, inadequate accounting policies, etc.
- incentive or pressure: what made the employee think about committing fraud? Financial expectations, bonuses based of performance, etc.
- rationalization: How does the employee justify to himself/herself committing fraud? My boss or colleagues treat me wrong, everyone else does it, it is the only solution for my problem, etc.
