A paperless system would eliminate documents and forms as the medium for conducting business transactions.
Answer the following statement true (T) or false (F)
True
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Depreciation is
a. an effort to achieve proper matching of the cost of operating assets. b. an accumulation of funds to replace the related plant asset. c. the difference between the original cost and salvage value of an asset. d. the cash allocated each period to maintain a plant asset.
. Sasha makes her decisions based on pre-existing information gained from a combination of life and work experience. In building opportunities, Sasha uses ______.
a. intuition b. prior knowledge c. alertness d. habit-breaking strategies
Derek owns a perpetuity contract that promises to pay him $1,000 per year in end-of the-year cash flows with the first cash flow beginning one year from today. Derek perceives some risk with the promised cash flows and has discounted them at an annual rate of 10.00% to determine the present value of the contract. Derek has offered to sell a portion of the contract to his brother Cam. The agreement is that Derek will keep the first 25 cash flows and that Cam will keep the remaining cash flows beginning with the first cash flow 26 years from today. What is the present value of the original contract?
What is the present value of the first 25 cash flows? What is the present value of the cash flows received in year 26 and beyond? If Derek makes the deal as described and charges Cam $1,000 for the year 26 and beyond cash flows, which brother is getting a better deal? Please provide dollar values for each of these questions.
A firm with a limited budget for promotion will probably rely on advertising because personal selling is so expensive.
Answer the following statement true (T) or false (F)