A real estate agent wants you to buy a plot of land today for $60,000 and he promises that you can sell it back to him in 7 years for $100,000
If you can earn 9% on alternative investments, then what is the present value of the sales proceeds? Is this a worthwhile investment?
A) $54,703.42; it is not a worthwhile investment.
B) $54,703.42; it is a worthwhile investment.
C) $61,294.51; it is not a worthwhile investment.
D) $61,294.51; it is a worthwhile investment.
E) $60,000; not enough information.
A
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One of the purposes of the statement of cash flows is to ________.
A) determine the operating income of a business B) to calculate inventory turnover C) evaluate the level of debt and leverage of a company D) predict the ability of a company to pay debts and dividends
Product planners need to consider products and services on three levels. At the third level, product planners must build ________
A) an actual product B) an augmented product C) core customer value D) a brand personality E) a basic product
If assets are $365,000 and equity is $120,000, then liabilities are:
A. $610,000. B. $245,000. C. $120,000. D. $365,000. E. $485,000.
For the third level of a nested list, you should use _____________
a. capital letters b. italicized words c. boldface d. lowercase Roman numerals