Linden Dollars, created for use in Second Life, are an example of:
A) digital cash.
B) virtual currency.
C) EBPP.
D) peer-to-peer payment systems.
B
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Profit margin is net income divided by net sales.
Answer the following statement true (T) or false (F)
A reorganization plain is a plan to conserve and administer the debtor's assets in the hope that all of the creditors will eventually be paid in full.
Answer the following statement true (T) or false (F)
The difference between a profit and an easement is: A) The right of removal
B) One is a land interest and one is not. C) One is personal property and the other is real property. D) None of the above
A company is considering the purchase of new equipment for $42,000. The projected annual cash inflow is $18,000. The machine has a useful life of 3 years and no salvage value. Management of the company requires a 12% return on investment. The present value of an annuity of $1 for various periods follows: PeriodPresent value of an annuity of 1 at 12%1 0.892921.690132.4018What is the net present value of this machine assuming all cash flows occur at year-end?
What will be an ideal response?