who wants to be a millionaire?
you just won $1 million dollars in the lottery! they offer you two options for your winnings: a lump sum payment right now, or $100,000 a year over the next 10 years. current 10-year interest rates are at 5%, and the current tax on lottery winnings is 40%.
what is the amount you will receive today with the lump sum option?
which option would you select? how would you present your argument for your decision in a debate?

Vendors provide restaurants with what? o a. cooked items ob. raw materials oc. furniture od. menu recipes

Amethod of allocating merchandise cost that assumes the first merchandise bought was the first merchandise sold is called the a. last-in, first-out method. b. first-in, first-out method. c. specific identification method. d. average cost method.

Costco wholesale corporation operates membership warehouses selling food, appliances, consumer electronics, apparel and other household goods at 471 locations across the u.s. as well as in canada, mexico and puerto rico. as of its fiscal year-end 2005, costco had approximately 21.2 million members. selected fiscal-year information from the company's balance sheets follows. ($ millions). selected balance sheet data 2005 2004 merchandise inventories $4,015 $3,644 deferred membership income (liability) 501 454 (a) during fiscal 2005, costco collected $1,120 cash for membership fees. use the financial statement effectstemplate to record the cash collected for membership fees. (b) in 2005, costco recorded $46,347 million in merchandise costs (that is, cost of goods sold). record thistransaction in the financial statement effects template. (c) determine the value of merchandise that costco purchased during fiscal-year 2005. use the financial statementeffects template to record these merchandise purchases. assume all of costco's purchases are on credit.