Answer: The correct answer is "B. present value of all of the future cash flows that will be received".
Explanation: The value of a financial asset is the present value of all of the future cash flows that will be received.
To value a financial asset, all future cash flows must be taken into account, therefore their value will be the sum of the present values of each of the future cash flows.
As a business person planning to open a new small business, you know that the business plan should not contain pages and pages of detailed facts and figures.
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Answer:
D. A software developer requires leadership skills.
Explanation:
A computer programmer takes care of writing code to create a program.
A software developer takes care of all the process for developing a software and they will define the requirements for a software and then, work with programmers that write the code.
According to that, a software developer differ from a computer programmer because a software developer requires leadership skills as they will have to supervise all the process to create a program and work with people.
Answer:
Nominal GDP in year 1 = $16
Nominal GDP in year 2 = $25
Nominal GDP in year 3 = $36
Explanation:
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export
Net export = exports – imports
Nominal GDP is GDP calculated using current year prices
Nominal GDP in year 1 = 4 x $4 = $16
Nominal GDP in year 2 = 5 x $5 = $25
Nominal GDP in year 3 = 6 x $6 = $36