A Farmer Sows a Certain Crop

question 121

Multiple Choice

A farmer sows a certain crop. It costs $240,000 to buy the seed, prepare the ground, and sow the crop. In one year's time it will cost $93,200 to harvest the crop. If the crop will be worth $350,000, and the interest rate is 7%, what is the net present value (NPV) of this investment?

• A) $240,000
• B) $87,103
• C) $0
• D) $567,103

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Definitions:

Experienced Workmates

Colleagues who have gained knowledge and skills in their field through extended periods of work.

Proactive Behaviours

Actions taken by individuals that aim to initiate change rather than merely react to events, often characterized by anticipation, planning, and taking charge.

Distal Socialization Outcomes

The long-term effects of the organizational socialization process, such as job satisfaction, organizational commitment, and turnover.

Proximal Socialization Outcomes

Immediate results or gains achieved from socialization processes, such as increased knowledge or skill acquisition.