For the answer to the question above, the accumulation of national wealth depended on the increasing a nation's trade surplus according to mercantilism. The more you produce than what you import. It's like in business but in a bigger perspective.
Answer:
The correct answer is B.
Explanation:
Giving the following information:
An investment of $115 generates after-tax cash flows of $50 in Year 1, $90 in Year 2, and $150 in Year 3.
Rate of return= 20%
To calculate the present value, we need the following formula:
NPV= -Io + ∑[Cf/(1+i)^n]
Cf= cash flow
Io= 115
Cf1= 50/ 1.20= $41.67
Cf2= 90/1.2^2= $62.5
Cf3= 150/1.2^3= $86.81
NPV= -115 + (41.67 + 62.5 + 86.81)
NPV= $75.98
Answer: Yes, because it is a contract whose terms prevent possible performance within one year
Explanation:
The Statute of Fraud mandates that certain contracts need to be written down. These contracts include the sale of land, amounts involving more than $500 and contracts that have a timeframe of over a year.
Melinda entered into a contract with terms that have to be fulfilled in more than a year. It is therefore under the Statute of Frauds.
Answer:
d. The decision maker must only stick to completely rational, mathematical analysis while selecting an alternative.
Explanation:
It is most ideal for a decision maker to stick to completely rational way of selecting an alternative as this means that the decision maker will only make choices that will be of maximum benefits and low costs. Factors such as personal feelings, or sense of obligation do not interefere when a decision maker sticks to completely rational and mathematical analysis method of decision making.
Answer:
The correct answer is letter "C": People place a higher value on a good if they own it than they do if they are considering buying it.
Explanation:
The Endowment Effect reflects a situation in which people value an object more because they own it. The value they would give the object if they did not have it and were going to purchase it would be lower. This scenario takes place when people give a higher value to their objects because of emotional attachment.
