Your grandfather has left you $150,000 in a trust fund that you cannot have for another seven years. You have decided that you really need this money now to pay for your college expenses
Your attorney offers you $80,000 for an assignment of the proceeds of the trust. If you can get a student loan at 10%, should you accept your attorney's offer?
A) No, because the $150,000 is worth more than $80,000 today.
B) No, because the $150,000 is worth less than $80,000 today.
C) Yes, because the $150,000 is worth more than $80,000 today.
D) Yes, because the $150,000 is worth less than $80,000 today.
D
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Marty and Biff both work for the same company producing the same teacups. Because they get paid a certain amount for each teacup they produce, and because Biff produces more teacups than Marty, Biff makes more money than Marty. This scenario is an example of a ______.
A. piece rate plan B. profit sharing plan C. merit pay plan D. gainsharing plan
Answer the following statements true (T) or false (F)
1. Actual hours spent on a project is an element in a project charter. 2. Pareto chart identifies those problems that occur with the highest frequency. 3. Empathy is one of the five dimensions that the RATER model focuses on. 4. A recommended approach for companies to use in closing service gaps is to lower the prices.
Which of the following strategies is appropriate for manufacturing organizations that have stable market demand or production levels?
A. level strategy B. product strategy C. chase strategy D. mixed strategy
Diane is the chief executive officer of a U.S.-based pharmaceutical firm. Over the years, she has been purchasing significant amounts of stock in the company
The rejection of the company's new drug, by the FDA, resulted in a huge drop in the company's stock value. Diane knew of the rejection before it was made public and sold her stock. Diane is guilty of ________. A) false accounting B) black marketeering C) insider trading D) influence peddling