Your grandfather has left you $150,000 in a trust fund that you cannot have for another seven years. You have decided that you really need this money now to pay for your college expenses
Your attorney offers you $80,000 for an assignment of the proceeds of the trust. If you can get a student loan at 10%, should you accept your attorney's offer?
A) No, because the $150,000 is worth more than $80,000 today.
B) No, because the $150,000 is worth less than $80,000 today.
C) Yes, because the $150,000 is worth more than $80,000 today.
D) Yes, because the $150,000 is worth less than $80,000 today.
D
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Apex County advance refunded $3,000,000 of outstanding bonds. $2,500,000 was financed with refunding bond proceeds and the remaining $500,000 was transferred from the General Fund. The county incurred $35,000 of bond issuance costs
Which of the following statements about the reporting of these transactions in the Debt Service Fund is not true? The Debt Service Fund financial statements would report a. $2,500,000 of other financing uses. b. t expenditures of $535,000. c. transfers in of $500,000. d. a CREDIT to other financing sources. e. net other financing sources of $500,000
If you must turn down a job offer, employment experts suggest you should send the employer a letter
A) declining the offer, providing a thorough explanation of the reasons for declining, and expanding on your qualifications for a new position B) thanking the employer for the offer and briefly declining the position. C) specifying personal reasons for your decision. D) declining the position and offering assistance finding your replacement.