An investment pays you $30,000 at the end of this year, and $10,000 at the end of each of the four following years. What is the present value (PV) of this investment, given that the interest rate is 5% per year?
A) $39,614
B) $63,382
C) $79,228
D) $95,074
Answer: C
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When a company declares a 3-for-1 stock split, the number of outstanding shares
a. is tripled compared to the number of shares that were outstanding prior to the split. b. stays the same, but, the number of issued shares triples. c. is tripled, while the number of issued shares is reduced to one-third of the original issued shares. d. is reduced, and the number of issued shares is tripled.
Real-time processing would be most beneficial in handling a firm's
a. fixed asset records b. retained earning information c. merchandise inventory d. depreciation records
Most Facebook users live in the United States and Canada
Indicate whether the statement is true or false
Among the following choices, an operations manager might best evaluate political risk of a country by looking at which type of country ranking?
A) based on competitiveness B) based on cost of doing business C) based on corruption D) based on magnitude of government social programs E) based on average duration between presidential/prime minister elections