Answer:
$28,216
Explanation:
The computation of the minimum amount that you will accept today i.e present value is shown below:
Year Cash flows Discount factor Present value
1 $10,000.00 0.9259259259 $9,259.26
2 $11,000.00 0.8573388203 $9,430.73
3 $12,000.00 0.793832241 $9,525.99
Total present value $28,215.97
The discount factor should be computed by
= 1 ÷ (1 + rate)^years
The classified balance sheet will show which asset subsections?
b. current assets and property, plant, and equipment
Assests are divided into current assets and PPE, Thus there are going to be 2 sections in assets sides.
Answer:
True
Explanation:
This is true because the Federal Trade commission(FTC) analyze and investigate a seller or sellers who may be so cooperative as to make agreements that ensure large amounts of profit for them which is likely harmful and exploitative to consumers . FTC investigates business mergers which may be horizontal or vertical that are likely done for the purpose of increasing market share and fostering a sort of monopoly of the market. However, mergers and cooperation among businesses in the market do not always yield a monopoly and the FTC may be wrong(sometimes) to wave mergers that could increase the quality of goods or services in a market
Answer: d. The FTC’s Red Flags Rule
Explanation:
The Federal Trade Commission has a Red Flags Rules that requires that financial institutions like Banks should implement a program that is capable of flagging instances of suspicious activity that could point to identity theft in the covered accounts that it holds.
This bank's customers are seeing some suspicious activity in their checking accounts which could point to a case of identity theft. The Red Flags rule could therefore be the most relevant rule to the manager's discovery.