Should you prefer to receive $100,000 right now or $10,000 at the end of each of the next 12 years?
A) $100,000 now
B) $10,000 at the end of each of the next 12 years
C) The answer depends on the time value of money.
D) Either alternative is equally valuable.
Answer: C
Business
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Where should raw materials be classified on the balance sheet?
a. Prepaid expenses. b. Inventory. c. Equipment. d. Not on the balance sheet.
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When attempting to influence employees to change, a critical first step is to:
A) create conditions where people can have positive attitudes toward change. B) be specific about what vital behaviors you want people to produce. C) assemble a team of participants who agree on a course of action. D) All of the above.
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