The super ball lottery was won by joan; her winnings were $500,000.00 to be paid in quarterly payments of $12,500.00 each over the next 10 years. how much must super ball deposit in an account paying 8 percent interest compounded quarterly for 10 years in order to meet their commitment to joan? $341,937.50 $500,000.00 $755,021.75 $341,924.78

Grey company holds an overdue note receivable of $800,000 plus recorded accrued interest of $64,000. the effective interest rate is 8%. as the result of a court-imposed settlement on december 31, year 3, grey agreed to the following restructuring arrangement: reduced the principal obligation to $600,000.forgave the $64,000 accrued interest.extended the maturity date to december 31, year 5.annual interest of $40,000 is to be paid to grey on december 31, year 4 and year 5. the present value of the interest and principal payments to be received by grey company discounted for two years at 8% is $585,734. grey does not elect the fair value option for reporting the debt modification. on december 31, year 3, grey would recognize a valuation allowance for impaired loans of

Choose the statement that is incorrect. a. search activity occurs only in markets where there is a shortage. b. when a price is regulated and there is a shortage, search activity increases. c. the time spent looking for someone with whom to do business is called search activity. d. the opportunity cost of a good is equal to its price plus the value of the search time spent finding the good.

Differentiate between the trait, behavioral, and results-based performance appraisal systems, providing an example where each would be most applicable.