Question
In: Finance
Which area of business can not use the time-value concept ? - Accounting - Marketing -...
Which area of business can not use the time-value concept ?
- Accounting
- Marketing
- Manufacturing
- Budgeting
Solutions
Expert Solution
Marketing is the correct answer.
The time value of money is an essential topic for investors because a dollar today is valued more than a dollar guaranteed in the future.
Companies will recognize the time value of money while choosing whether to procure new business equipment or to spend in further product advancement and secure credit terms for marketing products.
The time value of money formula can use in Capital budgeting, Valuation of companies, Loan amount and EMI calculation, Annuity Calculation, Insurance premium calculation.
The time value of money is essential in capital budgeting choices because it enables business partners to adjust cash flows.
Whereas Marketing considers the factors like understanding of the target market, the competition, communicating the product value to customers, observing the data, the product life cycle, going in front of the right consumer, and different selling plan.
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jeff jeffy answered 1 year agoRelated Solutions
Dicuss the basic elements of marketing concept. Which businesses in your area use this philosophy?
Dicuss the basic elements of marketing concept. Which businesses in
your area use this philosophy?
Dicuss the basic elements of the marketing concept. which businesses in your area use this philosophy?
Dicuss the basic elements of the marketing concept. which
businesses in your area use this philosophy?
which of the following investment rules does not use the time value of the money concept?...
which of the following investment rules does not use the time
value of the money concept?
a.) the payback period
b.) all of the options use the time value concept
c.) internal rate of return
d.) net present value
How does the concept of Time Value of Money applied in accounting and finance?
How does the concept of Time Value of Money applied in
accounting and finance?
The time value of money concept can be applied in various situations and is a fundamental...
The time value of money concept can be applied in various
situations and is a fundamental concept underlying other financial
concepts.
Consider the following example of the application of this
concept.
Eileen is a divorce attorney who practices law in Detroit. She
wants to join the American Divorce Lawyers Association (ADLA), a
professional organization for divorce attorneys. The membership
dues for the ADLA are $500 per year and must be paid at the
beginning of each year. For instance, membership...
The following situations involve the application of the time value of money concept. Use the full...
The following situations involve the application of the time
value of money concept. Use the full factor when calculating your
results.
Use the appropriate present or future value table:
FV of $1, PV of $1, FV of Annuity of $1 and PV of Annuity of
$1
1. Janelle Carter deposited $9,750 in the bank
on January 1, 2000, at an interest rate of 10% compounded annually.
How much has accumulated in the account by January 1, 2017? Round
to the...
"Time Value of Money " The time value of money is a critical concept to understand...
"Time Value of Money "
The time value of money is a critical concept to
understand in accounting, especially when dealing with loans,
investment analysis, and capital budgeting decisions. The time
value of money concept can be used to decide which projects to
start and what investments to make. You can also utilize the time
value of money concept in your personal life.
Provide two (2) decisions you may need to make
that could involve the time value of money....
"Time Value of Money " The time value of money is a critical concept to understand...
"Time Value of Money "
The time value of money is a critical concept to understand in
accounting, especially when dealing with loans, investment
analysis, and capital budgeting decisions. The time value of money
concept can be used to decide which projects to start and what
investments to make. You can also utilize the time value of money
concept in your personal life.
Provide two (2) decisions you may need to make
that could involve the time value of money....
What is the concept of the time value of money and how is this concept used...
What is the concept of the time value of money and how is this
concept used in an everyday context. Please provide an example to
enhance the discussion.
What is the concept of the time value of money and how is this concept used...
What is the concept of the time value of money and how is this
concept used in an everyday context. Please provide an example to
enhance the discussion.
Courseļ¼Business Finance
use your own words to answer
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