subject
Business, 05.03.2020 14:10 davisnaziyahovz5sk

Les moore retired as president of goodman snack foods company but is currently on a consulting contract for $35,000 per year for the next 10 years. use appendix b and appendix d for an approximate answer, but calculate your final answer using the formula and financial calculator methods.

a. if mr. moore's opportunity cost (potential return) is 10 percent, what is the present value of his consulting contract? (do not round intermediate calculations. round your final answer to 2 decimal places.)

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 11:00
Why does an organization prepare a balance sheet? a. to reveal what the organization owns and owes at a point in time b. to reveal how well the company utilizes its cash c. to calculate retained earnings for a given accounting period d. to calculate gross profit for a given accounting period
Answers: 3
question
Business, 22.06.2019 14:00
Why is efficiency an important economic goal?
Answers: 2
question
Business, 22.06.2019 18:50
Suppose the government enacts a stimulus program composed of $600 billion of new government spending and $300 billion of tax cuts for an economy currently producing a gdp of $14 comma 000 billion. if all of the new spending occurs in the current year and the government expenditure multiplier is 1.5, the expenditure portion of the stimulus package will add nothing percentage points of extra growth to the economy. (round your response to two decimal places.)
Answers: 3
question
Business, 23.06.2019 02:30
For the year ended december 31, 2019, davidson mart had sales of $ 550 comma 000 and cost of goods sold of $ 412 comma 500. davidson estimates that approximately 2% of the merchandise sold will be returned. the adjusting journal entry on december 31, 2019, would include a
Answers: 3
You know the right answer?
Les moore retired as president of goodman snack foods company but is currently on a consulting contr...
Questions
question
Mathematics, 20.10.2020 19:01
question
Health, 20.10.2020 19:01
question
Business, 20.10.2020 19:01
Questions on the website: 13722363