In the two-period model, suppose a household's income in period one is $30,000 and its income in period two is $40,000. Also assume that the household face the real interest rate of 25 percent. What is the present value of the household's income??
A. ?$62,000
B. ?$46,000
C. ?$20,000
D. ?$30,000
Answer: A
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On March 1, 2018, Rawlins Company invests $25,000 in Ashton Company stock. Ashton pays Rawlins a $800 dividend on September 30, 2018. Rawlins sells the Ashton stock on November 30, 2018 for $23,500. Assume the investment is categorized as a short-term equity investment and that Rawlins does not have significant influence over Ashton.
Requirements: 1. Journalize the transactions for Rawlins' investment in Ashton's stock. 2. What was the net effect of the investment on Rawlins' net income for the year ended December 31, 2018.
In the context of globalization and ethical obligations of MNCs, the transfer of the labor force overseas creates:
A. an ideal environment for women to work in. B. an interesting dynamic in the scope of ethics and corporate responsibility. C. a general ambiance of nondiscriminatory practices. D. equal employment opportunities for both men and women.
Explain the role of project managers and some principles for success
A ________ check is a check that is drawn by one bank and usually drawn on another bank.
A. draft B. teller's C. registered D. certified E. transferable