In crow's foot E-R notation, the crow's foot indicates a maximum cardinality of one
Indicate whether the statement is true or false
FALSE
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Manny and Irene will be retiring in fifteen years and would like to buy a Mexican villa. The villa
costs $500,000 today, and housing prices in Mexico are expected to increase by 6% per year. Manny and Irene want to make fifteen equal annual payments into an account, starting today, so there will be enough money to purchase the villa in fifteen years. If the account earns 10% per year, what is the amount of each deposit? A) $79,885 B) $32,947 C) $34,286 D) $72,623
In financial statement analysis, ratios are:
a. the only type of analysis where industry data are available. b. absolute numbers converted to a common base. c. fractions usually expressed in percent or times. d. the only indication of the financial position of the firm. e. None of the answers are correct.