What is the present value (PV) of $90,000 received six years from now, assuming the interest rate is 5% per year?
A) $58,500.00
B) $57,085.48
C) $67,159.39
D) $117,528.93
Answer: C
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The central vacuole
A. stores nutrients and cellular waste products. B. is a reservoir for water. C. provides the plant cell with support. D. All of the choices are correct.
What is referred to now as a commonly used form of scale for measurement?
a. Rensis Scale b. Likert Scale c. Survey Scale d. Research Scale
On July 31, Potter Co. purchased 2,000 shares of GigaTech stock for $16,000. GigaTech has 100,000 shares currently outstanding. This is the company's first and only stock investment. On October 31, which is Potter's year-end, the stock had a fair value of $20,000. Potter should record a:
A. Credit to Unrealized Gain-Income for $4,000. B. Debit to Unrealized Gain-Equity for $4,000. C. Credit to Investment Revenue for $4,000. D. Credit to Fair Value Adjustment-Stock for $4,000. E. Debit to Unrealized Loss-Income for $4,000.
Of the following activities, which is MOST likely to be an interaction between the financial manager and the information systems manager?
A) Developing a system to bill customers, pay suppliers, and track inventory B) Costing of products C) Setting credit policies D) Determining the appropriate pricing of products