Cheryl Peck purchased a computer network for her classroom. The computer network cost
$100,000. She estimates that she can charge $500 for one session in the classroom. Cheryl knows
that enrollment will increase over time.
She estimates 50 students the first year, 75 students the
second year, 100 students the third year, and 150 students the fourth year. If her cost of capital is
12 percent, what is the approximate present value of the benefits?
A) $187,500 B) $135,471
C) $119,156 D) Cannot tell without more information.
B
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James manages his employees by carefully monitoring their production, comparing what they do to predicted schedules and desired budgets. James can best be described as a ______ leader.
A. relationship-oriented B. charismatic C. transformational D. task-oriented E. servant
What is the PV of an annuity due with 5 payments of $2,500 at an interest rate of 5.5%?
A. $11,262.88 B. $11,826.02 C. $12,417.32 D. $13,038.19 E. $13,690.10
When buying from a supplier in France, LTD, based in Cleveland, Ohio, has arranged for its bank to pay the supplier the cost of the desired material when it has passed customs in the United States. Which of the following terms is this type of bank promise called?
a. banker's acceptance b. bank trust service c. certified check d. letter of credit e. currency exchange agreement
The array-like processing available in DBMS_SQL makes working with many rows much more cumbersome.
Answer the following statement true (T) or false (F)