Zhang Company has a loan agreement that provides it with cash today, and the company must pay $25,000 4 years from today. Zhang agrees to a 6% interest rate. The present value of 1 (single sum) for 4 periods at 6% is 0.7921. What is the amount of cash that Zhang Company receives today?
What will be an ideal response?
$25,000 * 0.7921 = $19,802.50
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Answer the following statements true (T) or false (F)
1. Supranational institutions focus only on economic globalization in Europe. 2. Coalitions of INGOs work cooperatively employing tactics to disrupt activities of supranational institutions. 3. The World Bank was established with the objective of providing financing to countries facing debt crisis and provides bailouts to countries that are likely to default on their debt obligations. 4. The World Bank is focused on financial and technical assistance to Africa, Asia, Latin America, and the Middle East. 5. The four factors measured on the "Competitiveness Scoreboard" include: economic performance, government efficiency, business efficiency, and infrastructure.
Distinguish between finite uniformity, rigid uniformity, and flexibility. Also, explain when each is appropriately used.
What will be an ideal response?
Notes receivable typically arise from sales to customers.
Answer the following statement true (T) or false (F)
In order to be the subject of a suit for copyright infringement, the copyright:
A) must be registered with the copyright office. B) must be registered with the copyright office unless the work is a Berne Convention work whose country of origin is not the United States. C) must be registered with the copyright office before the infringement. D) need not be registered under any circumstances.