A New File Cabinet Will Generate $300 in Net Revenue

question 66

Multiple Choice

A new file cabinet will generate $300 in net revenue each year for a Data Storage Co.The file cabinet has a useful life of two years.At the end of the second year,the cabinet will be sold as scrap metal for $200.If the interest rate is 10 percent (0.10) per year,what is the present value of the file cabinet to Data Storage Co.? (Assume that each year's revenue is received at the end of the year. )

• A)$500
• B)$600
• C)$800
• D)$1,000
• E)none of the above

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Definitions:

Body Language

Non-verbal communication through physical behaviors, such as gestures, postures, and facial expressions, which convey messages or emotions.

Widely Shared Expectations

Norms or beliefs that are commonly held and anticipated by a large number of people within a society or group.

Role Distancing

This refers to the practice of individuals trying to distance themselves from the roles they are expected to play, often to avoid fully conforming to societal expectations or stereotypes.

Dramaturgical Analysis

A sociological perspective originating from Erving Goffman, viewing social interactions as theatrical performances where individuals present themselves in ways that will be accepted by others.