Corporate Fin Focused Approach
5th Edition
ISBN: 9781285660516
Author: EHRHARDT
Publisher: Cengage
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Hi expart Provide answer of this accounting question
Transcribed Image Text:If an organization has an obligation to pay $5,000
to a supplier two years from now, the present value
of the obligation:
a) is less than $5,000.
b) is $5,000.
c) is more than $5,000.
d) could be calculated using an annuity factor from
the present value tables.
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