You just won a lottery. The terms of the lottery are such that you will receive twenty equal annual payments of $400,000. You will receive your first payment of $400,000 three years from today. The lottery authorities use a discount rate of 5 percent per year with annual compounding. You have the option of receiving a lump sum amount today, instead of the aforementioned payments. If you choose the lump sum amount, how much will that amount be?

Use the following account numbers and corresponding account titles to answer the following question. account no. account title (1) cash (2) merchandise inventory (3) cost of goods sold (4) transportation-out (5) dividends (6) common stock (7) selling expense (8) loss on the sale of land (9) sales which accounts would appear on the income statement?

Slimwood corporation made sales of $ 725 million during 2018. of this amount, slimwood collected cash for $ 670 million. the company's cost of goods sold was $ 300 million, and all other expenses for the year totaled $ 400 million. also during 2018, slimwood paid $ 420 million for its inventory and $ 285 million for everything else. beginning cash was $ 110 million. carter's top management is interviewing you for a job and they ask two questions: (a) how much was carter's net income for 2018? (b) how much was carter's cash balance at the end of 2016? you will get the job only if you answer both questions correctly.

Which of the following emails should he save in this folder instead of deleting or moving it to another folder