Option 1: PV = $400,000
Option 2: Receive (FV) $432,000 in one year
PV = FV(1/(1+i)^n), where i= 8% = 0.08, n = 1 year
PV = 432,000(1/(1+0.08)^1) = $400,000
Option 3: Receive (A) $40,000 each year fro 20 years
PV= A{[1-(1+i)^-n]/i} where, n = 20 years
PV = 40,000{[1-(1+0.08)^-20]/0.08} = $392,725.90
Option 4: Receive (A) $36,000 each year from 30 years
PV = 36,000{[1-(1+0.08)^-30]/0.08} = $405,280.20
On the basis of present value computations above, option 4 is the best option for Kerry Blales. This option has the highest present value of $405,280.20
Answer:
The accounts receivable turnover rate is 21.73
Explanation:
The formula for accounts receivable turnover is
365/Average days to collect.
This way we can find how many times a year does the company collect payments for its accounts receivable, so when we divide the total number of days in a year by the average number of days to collect we can calculate how many times we collect payment for accounts receivable.
In the question we are given the average days to collect which is 16.8
We have to put that into a formula
365/16.8=21.73
Answer:
False
Explanation:
The Otis Self-Administering Test of Mental Ability was the first group-administered mental ability test to have widespread use in industry.
This test was first developed in 1922 by Arthur Otis. It was first designed to measure students' general school abilities. Otis's first tests were designed for the Army in 1917 and were known as the Alpha tests (for those who could read) and the Beta tests (for those who couldn't read).
Resource management effectively develops and uses the resources of the organization. Credentialing recognizes and confirms the personnel.
<h3>What is credentialing?</h3>
Credentialing is a process that involves the documentation of the individual of the organization or the corporation so that the true and fair authentication and qualification of the person associated are ensured.
It is an essential function of the management that confirms the skills and requirements of the person that will be an asset to the organization. The qualifications of the person required will be established and can be approved.
Therefore, credentialing is used to determine and affirm.
Learn more about credentialing here:
brainly.com/question/12670472
#SPJ4
