An investment of $1000 now will generate the following cash inflows:
At the end of Year-2: $932 and Year-5: $848.
If the market rate is 9.74%, what would be the present value of the above cash inflows?
(Do not use the negative sign in the final answer, which should be rounded to 2-decimal places)
Answers
We have cash inflows of $932 at the end of Year-2 and $848 at the end of Year-5, and the market rate is 9.74%. The present value of the cash inflows from the investment, considering a market rate of 9.74%, is approximately $1317.59.
The present value of the cash inflows from the investment can be calculated using the discounted cash flow (DCF) method. The DCF method takes into account the time value of money, which means that the value of money decreases over time due to inflation and the opportunity cost of investing elsewhere. In this case, The present value of an amount received in the future can be calculated using the formula:
PV = CF / (1 + r)^n
Where PV is the present value, CF is the cash flow, r is the discount rate, and n is the number of periods.
Using this formula, the present value of $932 received at the end of Year-2 can be calculated as:
PV1 = $932 / (1 + 0.0974)^2 = $932 / 1.1971076 ≈ $777.72
Similarly, the present value of $848 received at the end of Year-5 can be calculated as:
PV2 = $848 / (1 + 0.0974)^5 = $848 / 1.5735261 ≈ $539.87
Finally, the total present value of the cash inflows is the sum of the present values of each cash inflow:
Total PV = PV1 + PV2 = $777.72 + $539.87 ≈ $1317.59
Therefore, the present value of the cash inflows from the investment, considering a market rate of 9.74%, is approximately $1317.59.
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Related Questions
it’s possible to have a high credit score even if you don’t earn much income. true or false?
Answers
Answer:
yes
Explanation:
You may be glad to know it doesn't. The size of your paycheck does not influence whether you have a good or bad credit score. "Income isn't considered in credit scoring systems," John Ulzheimer, formerly of FICO and Equifax, tells CNBC Select.
Is the demand curve shallow or steep? What does this mean about the elasticity of the demand
for memberships? (5 points)
Answers
Answer:
The demand curve is shallow, which means the elasticity of the demand for memberships is inelastic.
Explanation:
Among goods with more elastic demand, and for those with lower demand, the demand curve becomes shallower (closer to horizontal) and steefer (closer to vertical).
Hopefully this helps!
Stan works from home in Louisiana. His company is located in Washington. This work arrangement is
called
distance working
distant employment
nationwide employment
telecommuting
Answers
Answer:
telecommuting bc it's remote
Under the guidance of the chief audit executive (CAE) or another manager, teams can develop and implement analytical techniques to aid the following audits except:a. governance audits.b. risk audits.c. security audits.d. forensic audits.
Answers
Teams can develop and implement analytical techniques to aid in all types of audits, including governance audits, risk audits, security audits, and forensic audits.
Therefore, none of the options are correct, and the answer is "none of the above" or "all of the above."
The use of analytical techniques, such as data analytics and computer-assisted audit techniques (CAATs),
can help auditors to identify trends, anomalies, and potential risks, which can improve the efficiency and effectiveness of the audit process.
These techniques can be applied to various types of audits, including those related to governance, risk, security, and forensic matters.
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A low _____ is usually key to a firm’s profitability because acquiring a customer is more expensive than keeping one.
Answers
A low churn rate is usually key to a firm’s profitability because acquiring a customer is more expensive than keeping one.
The churn rate, also known as the attrition rate, is the rate at which customers stop doing business with a company over a predetermined time period. Churn may also refer to the number of subscribers who cancel their subscriptions or choose not to renew them.
The more customers who stop making purchases from your company, the higher your churn rate. The more customers you keep, the lower your churn rate is. Generally speaking, the better is to have a lower churn rate.
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A low churn rate is usually key to a firm’s profitability because acquiring a customer is more expensive than keeping one.
What is a churn rate.?"Churn rate, sometimes known as attrition rate, is the rate at which customers stop doing business with a company over a given period of time. Churn can also mean the number of subscribers who cancel or don't renew a subscription.
The higher your churn rate is, the more customers stop buying from your business. And, a low churn rate means that customers or employees are happy with your business's products and/or services.
Hence the answer is churn rate.
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Hey Yall I am giving 100 points away and a brainliest!!!!!!!!!!!!
Answers
Answer:
tysm
Explanation:
Answer:
ty
Explanation:
A variable can be called or referenced before it has been defined.
O True
O False
Answers
Answer:
True.
Explanation:
Help ASAP!!!! most possible answer
Answers
Answer:
The administration prosses a public and and AVAILIBLE TO ANYONE to review.
Explanation:
That is the most open administration because its available to anyone-(the public).
suppose the price elasticity of demand is relatively elastic, and the price elasticity of supply is relatively inelastic in a specific market. if an excise tax is imposed on this good, who will bear the greater burden of the tax?
Answers
If an excise tax is imposed on goods when price elasticity of demand is relatively elastic and the the price elasticity of supply is relatively inelastic in a specific market, The producers will bear the greater burden.
In the scenario specified in the question, price elasticity of demand is relatively elastic and the price elasticity of supply is relatively inelastic. This means that the consumers are relatively more price sensitive compared to the suppliers in the market. Hence, consumers will be more reactive to any change in price of the good than the sellers in the market. if an excise tax is imposed especially on the consumers, the effect will be more on the producers because supply is inelastic and consumers can determine demand due to its elasticity.
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What is the difference between having a co-signer and becoming an authorized user?.
Answers
At the same time as an authorized user has the capability to make purchases, a co-signer does not. “A co-signer is a person who pays the stability or debt if the primary cardholder fails to pay it off,” says Ross.
A co-signer is a person who is of the same opinion to be legally responsible to pay a debt if the borrower does not pay again a loan as agreed. A co-signer can be an choice if you are attempting to make a large purchase, including an automobile, and in case you are not able to qualify for the loan in your personal.
A co-signer takes full duty for paying returned a mortgage, at the side of the primary borrower. frequently a co-signer could be a member of the family. The co-signer is obligated to pay any neglected payments or even the whole amount of the loan if the borrower would not pay.
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What is the property tax in Santa Clara County 2022?
Answers
The correct answer is Santa Clara County's typical effective property tax rate is 0.85%.
California has lower overall property taxes than the rest of the country. In California, the average effective property tax rate is 0.71%, whereas the national average is 0.99%. Secured property taxes are computed using the assessed value of real estate as established by the Office of the Assessor-Recorder on a yearly basis. For the fiscal year 2022–2023, the secured property tax rate is 1.17973782%. Bills for Secured Property Taxes are sent out every October.You might be eligible for an exemption of up to $7,000 off the assessed value of your home if you own it and use it as your primary residence. This would save you between $70 and $80 a year on property taxes.
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3
3 Olive Company makes silver belt buckles. The company's master budget appears in the first column of the table. Required: Complete the table by preparing Olive's flexible budget for 4,400, 6,400, and
Answers
A flexible budget can be described as an adjustable budget that takes into account fluctuations in output or other factors, like sales volume, that influence income and costs.
This budget varies with the production levels. To prepare a flexible budget for 33 Olive Company, we will start by understanding what a master budget is.
The master budget is a financial plan that outlines a company's planned operations, capital spending, and financing activities. It is typically a comprehensive budget that includes various departments and subsidiaries and covers the company's expected financial activities for a set period.
Below is a table with Olive's master budget details: Particulars Total Budget Output units 10,000 Sales $100,000Variable costs: $60,000 Fixed costs:$30,000Net income:$10,000 Now, to prepare Olive's flexible budget for 4,400, 6,400, and 10,000 units, we need to use the budgeted cost per unit amounts and the units required to calculate the expected total costs and revenue:
Particulars Total Budget Budgeted cost per unit Output units Sales Revenue Variable costs Fixed costs Net income4,400$44,000$10.00$44,000$6.00$26,400$18,000$-8,4006,400$64,000$10.00$64,000$6.00$38,400$18,000$7,60010,000$100,000$10.00$100,000$6.00$60,000$30,000$10,000
From the table above, we can see that as the output units increase, Olive's sales revenue and net income also increase.
At the same time, Olive's variable costs also increase as they are directly proportional to the production levels. Fixed costs remain the same regardless of the output units.
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what effect might use of outdated or incorrect information have on a business?
Answers
Answer:
it could misslead or make there buisness fail
Explanation:
Which security project team role is filled by individuals who understand the organizational culture, existing policies, and requirements for developing and implementing successful policies
Answers
Answer:
Security Policy Developer
Explanation:
Security Policy Developer is described as personnel or role of a person who worked in a company and has the responsibilities of setting required rules and regulations, allows monitoring and investigations, for other users in the company.
However, to be able to do this, such personnel should understand the organizational culture, existing policies, and requirements for developing and implementing successful policies.
Therefore, the correct answer is the Security Policy Developer
Which are examples of copyrighted online materials? Check all that apply.
an article from an Internet magazine
lyrics for a song written in the 1800s
photos taken by a student on his blog
a video game that is free for anyone to copy
an illustration sold by an artist on her website
an excerpt from a novel published in 1913
Answers
Answer:
a and d
Explanation:
Answer:
A & E
Explanation:
edge test
What are the effects on the accounting equation when dividends are declared and paid?
Answers
Since a stock dividend does not result in the creation of a liability, the accounting equation is unaffected by its declaration. However, the composition of stockholders' equity does vary. The stockholders' equity will only be rearranged when the dividend is paid out, but the accounting equation will remain the same.
Retained earnings fall for a tiny stock dividend while common stock and paid-in capital in excess of par rise. Common stock rises and retained earnings fall for a sizable stock dividend. A stock dividend is a dividend payment that is delivered to shareholders in shares as opposed to cash. The benefit of the stock dividend is that it rewards shareholders without dipping into the company's cash reserves. The majority of these stock distributions are made as fractions paid per outstanding share.
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In Canada in 2009, during the economic recession, the unemployment rate was 8.4 percent. If the natural rate of unemployment is assumed to be 6.5 percent, then the real unemployment rate exceeded the natural rate by 1.9 percent (8.4 minus 6.5). This means that GDP could have been 3.8 percent higher (1.9 percent times 2). The actual real GDP during the economic downturn in 2009 was $1 549.8 billion, but it could have been 3.8 percent higher, or $58.9 billion more, in terms of dollars ($1 549.8 × 0.038). This figure represents the GDP gap. The potential GDP of the Canadian economy in 2009 was $1 608.7 billion—if only it had been able to achieve full employment.
This GDP gap can have a compounding effect over time. In Figure 12.6, the significance of labelling the two axes "Capital Goods" and "Consumer Goods" lies in the fact that, if the economy were fully utilizing its resources, the potential for producing more capital goods, without sacrificing any consumer goods, exists. The production of more capital goods in the present would translate into an outward shift of the production possibilities curve in the future because more capital goods would be available as inputs for the production process. If a country produces at point A, its future production possibilities curve (PPC) only shifts to PPC1 because of the relatively smaller amount of capital goods it is adding to the productive resource base compared with point B. If that same country were to produce at point B, its future PPC curve shifts to PPC2 instead because it has added relatively more capital goods for use in production without sacrificing any consumer good production. In future years, this "loss" of capital goods would continue to hold PPC curves to levels below what they could have been. This means that the GDP gap in the present has a significant long-term impact in the future—the loss of potential growth.
APPLYING ECONOMIC THINKING
1. In 2016, Canada’s GDP was $1 803.3 billion, and the unemployment rate was 7.0 percent. If the natural rate of unemployment is 6.5 percent, what was Canada’s GDP gap in 2016?
2. The data in the table below are from the Organisation for Economic Co-operation and Development (OECD). The "natural rate of unemployment" in the OECD table is called the Non-Accelerating Inflation Rate of Unemployment (NAIRU). Calculate the GDP gap for each country presented in the table. (Data from stats.oecd.org)Country 2015 Nominal GDP ($ billions) 2015 Unemployment Rate (%) NAIRU (Natural Unemployment Rate) (%) Australia 6.1 5.6 1638.1 (AUD) Canada 6.9 6.6 1995.0 (CAD) Greece 24.9 16.0 176.0 (euro) Korea 3.6 3.4 1486 076.4 (won) Spain 22.0 15.5 1080.0 (euro) 5.3 4.5 United States 18 120.7 (USD).
Answers
The potential GDP of the US economy in 2015 was $18 410.6 billion if it had been able to achieve full employment.
1. If the natural rate of unemployment is 6.5 percent, then the real unemployment rate exceeded the natural rate by 0.5 percent (7.0 minus 6.5). This means that GDP could have been 1.0 percent higher (0.5 percent times 2). The actual real GDP in 2016 was $1 803.3 billion, but it could have been 1.0 percent higher, or $18.0 billion more, in terms of dollars ($1 803.3 × 0.01). This figure represents the GDP gap. The potential GDP of the Canadian economy in 2016 was $1 821.3 billion if it had been able to achieve full employment.
Therefore, Canada’s GDP gap in 2016 was $18.0 billion.
2. GDP gap for each country is as follows:Australia: If the natural rate of unemployment is 5.6 percent, then the real unemployment rate exceeded the natural rate by 0.7 percent (6.3 minus 5.6). This means that GDP could have been 1.4 percent higher (0.7 percent times 2). The actual real GDP in 2015 was 1638.1 billion Australian dollars, but it could have been 1.4 percent higher, or 22.9 billion Australian dollars more, in terms of dollars (1638.1 × 0.014). This figure represents the GDP gap. The potential GDP of the Australian economy in 2015 was 1660.9 billion Australian dollars if it had been able to achieve full employment.
Canada: As calculated in Part 1, Canada’s GDP gap in 2015 was $18.0 billion.
Greece: If the natural rate of unemployment is 18.0 percent, then the real unemployment rate exceeded the natural rate by 2.0 percent (16.0 minus 18.0). This means that GDP could have been 4.0 percent higher (2.0 percent times 2). The actual real GDP in 2015 was 176.0 billion euros, but it could have been 4.0 percent higher, or 7.0 billion euros more, in terms of euros (176.0 × 0.04). This figure represents the GDP gap. The potential GDP of the Greek economy in 2015 was 183.0 billion euros if it had been able to achieve full employment.
Korea: If the natural rate of unemployment is 3.4 percent, then the real unemployment rate exceeded the natural rate by 0.6 percent (4.0 minus 3.4). This means that GDP could have been 1.2 percent higher (0.6 percent times 2). The actual real GDP in 2015 was 1 486.4 trillion won, but it could have been 1.2 percent higher, or 17.8 trillion won more, in terms of won (1 486.4 × 0.012). This figure represents the GDP gap. The potential GDP of the Korean economy in 2015 was 1 504.2 trillion won if it had been able to achieve full employment.
Spain: If the natural rate of unemployment is 15.5 percent, then the real unemployment rate exceeded the natural rate by 0.5 percent (16.0 minus 15.5). This means that GDP could have been 1.0 percent higher (0.5 percent times 2). The actual real GDP in 2015 was 1 080.0 billion euros, but it could have been 1.0 percent higher, or 10.8 billion euros more, in terms of euros (1 080.0 × 0.01). This figure represents the GDP gap. The potential GDP of the Spanish economy in 2015 was 1 090.8 billion euros if it had been able to achieve full employment.
United States: If the natural rate of unemployment is 4.5 percent, then the real unemployment rate exceeded the natural rate by 0.8 percent (5.3 minus 4.5). This means that GDP could have been 1.6 percent higher (0.8 percent times 2). The actual real GDP in 2015 was $18 120.7 billion, but it could have been 1.6 percent higher, or $289.9 billion more, in terms of dollars ($18 120.7 × 0.016). This figure represents the GDP gap.
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Imagine you are a third-term member of the House, which means that you know your way around the institution by now, having made plenty of connections and learning who holds power in which policy areas. You represent a district with a military base that provides many jobs for your constituents as well as access to federal resources. Due to budget cuts, there is pressure to close a number of bases across the country. The House Armed Services Committee must deal with requests from the Defense Department for military base closures. What is the best way to prevent an attempt to close the base in your district
Answers
As a third-term member of the House, you can leverage your experience, connections, and knowledge of power dynamics to prevent the closure of the military base in your district. Enlisted below are steps to achieve this.
Steps :
Engage with the House Armed Services Committee: Present compelling arguments to the committee, emphasizing the importance of the base to your district's economy and national security. Highlight the potential negative impacts of closure, such as job losses and reduced access to federal resources.Collaborate with influential members: Utilize your connections to gain support from key policymakers and stakeholders within the House, particularly those with influence in defense policy. This can help create a strong coalition against base closures in your district.Propose alternative solutions: Offer alternative cost-saving measures that could be implemented without closing the base. This could include streamlining operations, reducing nonessential spending, or partnering with local governments and businesses for shared resources.Communicate with the Defence Department: Establish open lines of communication with the Defense Department to stay informed about their plans and to advocate for your district's interests. By maintaining a proactive relationship with the department, you can be more effective in preventing base closures in your area.To know more about, Defence Department, visit :
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haley is helping to choose members for a customer satisfaction team which of the following employees demonstrate skill in focusing on the team's purpose?
Answers
Answer: Jesse constantly looks for better ways to solve problems for customers
Explanation:
Customer satisfaction refers to the measurement which deals with the happiness and satisfaction of customers with the product and service of a company.
Since Haley is helping to choose members for a customer satisfaction team, then the employee who can help the team focus on the its purpose is Jesse who constantly looks for better ways to solve problems for customers.
Ricky is working for Matt, a buyer client, who is interested in a property at which the listing agent offers compensation to cooperating agents. The listing agent has offered Ricky or any cooperating agent additional compensation if the transaction closes within 40 days. Is this ethical
Answers
If a school is offering a lot in financial aid, what else do you need to consider when trying to determine if a school is going to fit your budget?
Answers
If a school is offering a lot in financial aid, what else do you need to consider when trying to determine if a school is going to fit your budget is: Cost Of Attendance .
What is financial aid?Financial aid can be defined as the financial assistant or grant render to student which can help to cover their tuition and other expenses.
On the other hand Cost Of Attendance can be defined as the overall expenses amount that you will have to incur.
This expenses include the following:
Loan feesTuition feeRoom and boardBooksTransportation etcTherefore If a school is offering a lot in financial aid, what else do you need to consider when trying to determine if a school is going to fit your budget is: Cost Of Attendance .
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Answer:
If a school is offering a lot in financial aid, what else you need to consider when trying to determine if a school will fit your budget is the Cost Of Attendance.
If a school is offering a lot in financial aid, you need to consider the cost of attendance (COA) when determining if a school will fit your budget. Financial aid letters from institutes of higher education only include aid for one year. You must reapply for financial aid every year.
What factors, do you think determine how long a product will stay in the product life cycle
Answers
Answer:
I think the production date....
Hope it helps!!!
What are the primary reasons people choose to invest and trade stocks?
(Select all that apply.)
to earn a dividend to earn a dividend , ,
to earn capital gains to earn capital gains , ,
to earn predictable quarterly interest to earn predictable quarterly interest , ,
to earn money that is liquid
Answers
Answer:
to earn a dividend
to earn capital gains
Explanation:
Stocks represent ownership in a corporation. Shareholders are entitled to share in the profits of the business. The portion of profits that shareholders get for contributing capital is the dividend.
Investing in stocks makes one a shareholder and gives them the right to dividends. Investors always select the stocks of companies likely to declare high dividends. Dividends is an important reason why investors opt for shares or stocks.
Stocks of corporations that are performing well financially are likely to increase in price. Investors buy stocks when prices are low and selling them when prices appreciate. That way, they can profit through capital gain.
Dividends and capital gains are the rewards that investors gain from stocks. Interest is earned on deposits and loans.
The graph presents a production possibilities curve, or frontier, PPF for the nation of New Carnitas. Each point on this curve represents a combination of steak and potatoes that this country can produce given its resources and technology. Based on the information in the graph, place the points as indicated.
Point A is an attainable and efficient combination of steak and potatoes.
Point B is consistent with the full employment of available resources.
Between points C and D, the opportunity cost of 1 pound of steak is 2 pounds of potatoes.
Between points E and F, the opportunity cost of 1 pound of potatoes is 3 pounds of steak.
Point G represents an unattainable combination of steak and potatoes.
Point H represents an inefficient use of New Carnitas's resources.
Answers
Given that the graph is not shown here these are the basic points in a production possibility curve.
The attainable point in a production possibility curve
This is the point that lies on the curve of the PPC. This point can be produced by the resources that are available at the moment.
The full employment of resources on the PPCThis is the point that has all the resources in the economy being used in the production of goods and resources.
The unattainable point in a PPCThe unattainable point in the curve is the point that is outside of the curve. At this point the resources available cannot be used for production.
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Assume that the reserve requirement is 20 percent. If a bank initially has no excess reserves and $10,000 cash is deposited in the bank, the maximum amount by which this bank may increase its loans is
Answers
Answer:
8,000
Explanation:
the maximum amount by which this bank may increase its loans is $8000.
What is a bank?Bank, a foundation that arrangements in cash and its substitutes and gives other cash-related administrations. In its job as a monetary delegate, a bank acknowledges stores and makes credits.
A bank is a monetary foundation authorized to get stores and make credits. There are a few kinds of banks including retail, business, and speculation banks. In many nations, banks are directed by the public government or national bank.
The reserve requirement is 20 percent.
deposited in the bank cash is $10000
The left out amount will be
= 100 - 20
=80%
Therefore the maximum amount that the bank would have at this point in time will be
= 10,000 * 80%
= $8000
The amount that can be loaned is $8000.
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Decision Point: Using the Association to Grow the Business Several months after starting the advertising campaign, you meet with the director again. She says, "Our consumers are finally associating our cookie with a good-tasting experience over time. We see this in increased sales as well." She continues, "We feel that we can use this newly forged association in the consumer's mind between the cookie brand name and good taste in other ways to help grow our business, but we're not sure how. I'd like you to come up with some ideas." Which of the following options is the best choice to use the brand and its association in the consumer's mind with good taste? Select an option from the choices below and click Submit. License the brand to another company to use on a potato chip. Develop a line extension using the brand on a chocolate chip cookie. License the brand to a company that wants to use it on their lower cost baked goods.
Answers
The best choice to utilize the brand and its association with good taste in the consumer's mind would be to develop a line extension using the brand on a chocolate chip cookie. Option B.
By developing a line extension, the company can leverage the positive association consumers have between the brand name and good taste to introduce a new product variant that aligns with their existing offerings. Chocolate chip cookies are a natural fit as they maintain the core essence of the original cookie while adding a popular flavor variation.
This allows the company to tap into the existing customer base who already associate the brand with good taste and provide them with a new product option to explore.
Introducing a line extension also provides an opportunity for the company to expand its market reach and capture new customers who may be attracted to the brand's reputation for quality and taste. By leveraging the positive brand association, the company can differentiate its chocolate chip cookies from competitors and establish a strong presence in the market.
On the other hand, licensing the brand to another company to use on a potato chip or licensing it to a company that wants to use it on their lower-cost baked goods may dilute the brand's association with good taste. Associating the brand with lower-cost or unrelated products could create confusion among consumers and weaken the brand's overall image.
Therefore, developing a line extension with a chocolate chip cookie aligns with the brand's existing identity, capitalizes on the positive association with good taste, and provides the company with the opportunity to expand its product portfolio while maintaining brand consistency and consumer loyalty. So Option B is correct.
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conflicts between two mutually exclusive projects occasionally occur, where the npv method ranks one project higher but the irr method puts the other one first. in theory, such conflicts should be resolved in favor of the project with the higher npv. t or f
Answers
Theoretically, these disputes ought to be settled in favor of the project with the larger NPV. The given statement is True.
Define an NPV.A set of cash flows is said to have a net present value or net present worth if they occur at diverse times. The present value of a cash flow depends on how long it will be before it occurs. Another element is the discount rate. The temporal value of money is considered by NPV.
Using the internal rate of return is one method of calculating the rate of return on an investment. The formula is "internal" because it does not account for external factors like the risk-free rate, inflation, the cost of capital, or financial risk. Applications of the method can be either ex-post or ex-ante.
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evaluate three ways in which employment will minimize emotional stress
Answers
Answer:
Workplace is a different environment. If you are stress by your home then being in a workplace can help you stay away from the source of stress.
Your workmates is a potential source of happiness.
Being paid by the task that you have done.
Explanation:
The ways employment will minimise emotional stress are:
Employment provides a source of income with which employees can afford to buy items that would make them happy. As a result of employment, people are able to socialise with other workers. This would prevent isolation and reduce emotional stress. As a result of employment, people becomes less bored and more productive. This can eliminate emotional stress.What is employment?Employment is when labour has a job that they earn an income from. Working as a teacher is a form of employment.
Employment is a source of income, friendship and an avenue for socialisation. These can minimise emotional stress.
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Why does green ideology criticize materialism and consumerism in contemporary society?
Group of answer choices
Because human desires are entirely psychological in basis, and material need is an unnatural want created within modern human society
Because it creates a continuous sense of dissatisfaction in humans, and a constant desire for more, which is environmentally unsustainable
Because the idea that consumerism drives economic development and growth is a myth, and in reality very few actually profit from consumerism
All of the above
Answers
Green ideology criticizes materialism and consumerism in contemporary society because it creates a continuous sense of dissatisfaction in humans, and a constant desire for more, which is environmentally unsustainable.
Explanation:
Green ideology is the political ideology that prioritizes the well-being of the environment over other social, economic, and political aspects of society. It is critical of many aspects of modern society that contribute to environmental degradation and harm, including materialism and consumerism.
In contemporary society, consumerism and materialism are highly valued and encouraged. People are encouraged to buy things they don't need and to want more, with the idea that this drives economic growth and development.
However, green ideology argues that this way of living is environmentally unsustainable and is leading to significant harm to the planet. The constant desire for more creates a continuous sense of dissatisfaction in humans, which is detrimental to well-being, and leads to environmental harm.
The focus on material wealth is one of the reasons why green ideology criticizes materialism and consumerism in contemporary society. As people consume more and more, they leave a significant impact on the environment. Therefore, green ideology emphasizes a sustainable lifestyle that puts the environment first.
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Harris tree owns and operates a gaming center and completed the following transactions during April 2021, its first month of operations. Journalize the transactions
Answers
Recording the date, the accounts you're debiting or crediting from, and a short description of the transaction itself are all parts of keeping track of all your commercial transactions, or journalizing them.
How do you Journalize and post transactions?A business transaction is journalized when it is recorded in accounting records. Maintaining records calls for commitment and knowledge, especially for accountants. Every business process is documented chronologically in a journal, commonly referred to as a Book of Original Entry.
Identifying the account as well as the type of account is the first step. Choosing whether each account increases or decreases is the second stage. The third step is to journalize the transaction. Accumulated depreciation is the entire amount of depreciation and amortisation that has been applied to an asset since it was first used.
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