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balu736 [363]
3 years ago
10

4.Suppose you win $10 million in a lottery. You have a choice of how you will receive your winnings. The first choice is to rece

ive a certain lump sum today. The second choice is to receive a certain amount at the end of five years. How will you evaluate your choices to make your decision
Business
1 answer:
blsea [12.9K]3 years ago
7 0

Answer:

Explanation:

You have to consider interest rates and tax situations. Payments made in lump sum would attract higher interest rates than payments made in part, this will have an effect on the net present value.

If cash proceeds from payments are meant for Investments, then a lump sum payment is preferable.

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TopChop sells hairstyling franchises. TopChop receives $62,000 from a new franchisee for providing initial training, equipment,
Molodets [167]

Answer:

$65,332

Explanation:

The computation of revenue in 2021 is shown below:-

Revenue for the year 2021 = New franchisee received + Received by Top chop × (From July 1 to Aug 1 ÷ 2)

= $62,000 + $40,000 × 1 ÷ 2

= $62,000 + $40,000 × 0.5

= $62,000 + $20,000

= $82,000

Therefore, the revenue recognized for its arrangement is $82,000 and the new franchisee fee instantly recorded as an income

4 0
3 years ago
A promotional tool in which a company lets consumers have a small sample of a product for no charge is known as?
ioda

Sampling is the promotional tool in which a company lets consumers have a small sample of a product for no charge.

Sampling is a process utilized in statistical evaluation wherein a predetermined wide variety of observations are taken from a bigger populace. The method used to pattern from a bigger populace depends on the form of evaluation being accomplished, but it can encompass easy random sampling or systematic sampling.

The number one intention of sampling is to create a consultant sample, one wherein the smaller institution (sample) appropriately represents the traits of the bigger group (population). If the pattern is properly decided on, the sample can be generalizable to the populace. there are many methods to attain a sample.

There are most important forms of sampling methods – possibility and non-opportunity sampling. Chance sampling, also known as random sampling, is a form of sample selection in which randomization is used rather than planned desire.

Learn more about the Sampling here brainly.com/question/12892403

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5 0
2 years ago
As a Marketing Manager of a Multinational Company Imran & Co., which will manufacture Detergent; draft a detailed Marketing
iragen [17]

Answer:

NZXCVJIGH80BGRG

Explanation:

4 0
3 years ago
Which type of account typically has very high liquidity, low or no interest, and low minimum balance?
faltersainse [42]
I would say that it is a CHECKING ACCOUNT. The answer for this would be option A. This type of account can be accessed anytime which makes its liquidity very high, but on the other side, this has very low interest and the minimum balance required is also low. Hope this helps.
7 0
3 years ago
How does competition benefit the general economy?
Ilya [14]

Answer:

A. Lower prices can benefit the general economy.

6 0
3 years ago
Read 2 more answers
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