Answer:
Time value of money
Explanation:
This principle states that money is more valuable at the moment or present than same amount of money in the future due its potential for increase in profit. A person or an investor that wants to make a return or gain will prefer to have the money now than have the same amount of money in the future. This is due to the potential of the money to increase in terms of earning capacity.
Answer:
(E) $30,000
Explanation:
For computing the annual profit, the following formula is used.
Annual Profit = Total revenues - total cost
where,
Total revenue = Number of units × selling price per unit
= 10,000 units × $40
= $40,000
And, the total cost = lease cost + installment amount + variable cost
= $100,000 + $20,000 + ($10,000 units × $15 + $10,000 units × $10)
= $120,000 + $250,000
= $370,000
Now put these values to the above formula
So, the answer would be equal to
= $400,000 - $370,000
= $30,000
Not guarantee that resources will be allocated efficiently nor that there will be equality.
Answer:
Affirmative action is an effort by institutions to improve educational and economic opportunities for underrepresented groups and communities. Quotas force diversity without factoring in actual inclusion. The pathetic attempt to meet numerical goals to appear diverse.
