Answer: Option (c) is correct.
Explanation:
Correct: Absolute income test
Absolute income test is a measure of poverty in a country. In absolute income test, there is a setting of income level that is the benchmark for the poverty. This means that if a person's income falls above this income level then he is not considered as poor whereas if a person's income falls below this income level then he regarded as poor.
Answer:
Someone with analytical/research skills can assess a situation, ask the right questions of the right people, and identify key challenges and opportunities.
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-- J u r i D a v i s
<span>The answer for this question is D. Project 2; because the present value of the cash inflows exceeds those of Project 1 by $18,598.33
Explanation:
Project 1: You find the factor in the PV(annuity) table corresponding to rate = 15% and time periods = 6. That factor is 3.784. Multiply by the amount of annual cash inflow:
Net Present Value (Project 1) = (3.784 x $52,000) = $ 196,768
Project 2: You find the factor in the PV(annuity) table corresponding to rate = 15% and time periods = 8. That factor is 4.487.
Net Present Value (Project 2) = (4.487 x $48,000) = $ 215,376
So Project 2 should be correct because it has the higher present value</span>
D) provide checking and savings accounts to customers.
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