What are possible drawbacks associated with not considering opportunity costs and time value of money when making
Question:
What are possible drawbacks associated with not considering opportunity costs and time value of money when making financial decision?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 55% (9 reviews)
You might mention inflatio...View the full answer
Answered By
Charles mwangi
I am a postgraduate in chemistry (Industrial chemistry with management),with writing experience for more than 3 years.I have specialized in content development,questions,term papers and assignments.Majoring in chemistry,information science,management,human resource management,accounting,business law,marketing,psychology,excl expert ,education and engineering.I have tutored in other different platforms where my DNA includes three key aspects i.e,quality papers,timely and free from any academic malpractices.I frequently engage clients in each and every step to ensure quality service delivery.This is to ensure sustainability of the tutoring aspects as well as the credibility of the platform.
4.30+
2+ Reviews
10+ Question Solved
Related Book For
Focus On Personal Finance
ISBN: 9780077861742
5th Edition
Authors: Jack R. Kapoor, Les R. Dlabay Professor, Robert J. Hughes, Melissa Hart
Question Posted:
Related Video
The time value of money (TVM) is the concept that the money you have in your pocket today is worth more than the same amount would be if you received it in the future because of the profit it can earn during the interim.
Students also viewed these Business questions
-
What are the possible drawbacks of 50-50 joint ventures?
-
You are the accountant for Wok and Egg Roll Express. Following are assumptions about sales for the coming month. Wok offers three basic meals: noodle bowls, egg rolls, and rice bowls. Each meal can...
-
Atlantic Drydock is considering replacing an existing hoist with one of two newer, more efficient pieces of equipment. The existing hoist is 3 years old, cost $32,000, and is being depreciated under...
-
All organizations incur non value added costs. Eliminating or reducing non value added costs is the responsibility of managers. Using the Activity Based Management approach and focusing on the...
-
There is an old saying that "two heads are better than one." Why might this saying be more likely to hold true in producing output when the two heads involved are acquainted and have experience with...
-
The Planck distribution gives the energy in the wavelength range dA at the wavelength A. Calculate the energy density in the range 650 nm to 655 nm inside a cavity of volume 100 em3 when its...
-
A Final Note on the Power of Culture (p. 504)
-
The following circuit operates if and only if there is a path of functional devices from left to right. The probability that each device functions is as shown. Assume that the probability that a...
-
XYZ company, based in the US, plans to finance in Japanese yen. The interest rate it will be 8%. It has used a currency contract to lock in a 2% appreciation of the yen vs. the USD. What is the...
-
There is a lottery with n coupons and n people take part in it. Each person picks exactly one coupon. Coupons are numbered consecutively from 1 to n, n being the maximum ticket number. The winner of...
-
What are some examples of long-term goals?
-
If Z has a standard normal distribution, find the density of Z 2 .
-
What is an inverse relationship? How does it graph? What is a direct relationship? How does it graph?
-
Claxton, Inc. paid a dividend of $ 0 . 9 5 per common share every December from 2 0 0 9 through 2 0 2 3 . The dividend is expected to continue at that level in 2 0 2 4 and 2 0 2 5 . In 2 0 2 6 and...
-
1. Who are two (2) specific examples of effective leaders (who you know personally) who have impacted your life? 2. What made them "effective" leaders? What many specific traits did these leaders...
-
pr Hwk12 Consider the differebtiable function F(x) whose instantaneous rates are given by the table of values below: I 3.00 3.50 4.00 4.50 5.00 5.50 6.00 6.50 7.00 F'(x) 21.00 27.50 35.00 43.50 53.00...
-
A stone was dropped off a cliff and hit the ground with a speed of 152 ft/s. What is the height of the cliff? (Use 32 ft/s for the acceleration due to gravity.) Step 1 We know that s(t) = 1 at + vot...
-
The 150 m long beam is submitted to a distributed load w(x) = (0.05 x 2) + 10 N/m. 50 50 w(x) 100 150 What is the moment about the point O in kN.m created by the distributed load? O-25.7 kN.m O-249...
-
Leatherlike Manufacturing Company makes an artificial leather-like product for the fashion accessory market. The material is made in sheets and has the appearance of a thin rug. Each sheet is 36...
-
C- Consider the following scenario:- A supermarket needs to develop the following software to encourage regular customers. For this, the customer needs to supply his/her residence address, telephone...
-
Assume you are in the 35 percent tax bracket and purchase a municipal bond with a yield of 3.20 percent. Use the formula presented in this chapter to calculate the taxable equivalent yield for this...
-
Three years ago, you purchased a corporate bond that pays 4.30 percent. The purchase price was $1,000. What is the annual dollar amount of interest that you receive from your bond investment?
-
Assume you are in the 24 percent tax bracket and purchase a municipal bond with a yield of 2.90 percent. Use the formula presented in this chapter to calculate the taxable equivalent yield for this...
-
Eye Deal Optometry leased vision - testing equipment from Insight Machines on January 1 , 2 0 2 4 . Insight Machines manufactured the equipment at a cost of $ 2 0 0 , 0 0 0 and lists a cash selling...
-
help! ee all photos + Add to o e D C N X Edit & Create Share Table of Contents No sales to an individual customer accounted for more than 10% of revenue during any of the last three fiscal years. Net...
-
Business law A person may have the liability of a partner even though no partnership exists True False
Study smarter with the SolutionInn App