Use the following table to answer the question. Periods 5% 6% 7% 10%
1 0.95238 0.94340 0.93458 0.90909
2 0.90703 0.89000 0.87344 0.82645
3 0.86384 0.83962 0.81630 0.75132
4 0.82270 0.79209 0.76290 0.68301
5 0.78353 0.74726 0.71299 0.62092
6 0.74622 0.70496 0.66634 0.56447
7 0.71068 0.66506 0.62275 0.51316
8 0.67684 0.62741 0.58201 0.46651
9 0.64461 0.59190 0.54393 0.42410
10 0.61391 0.55840 0.50835 0.38554
What is the present value of a $61,200 to be received five years, if the market rate is 7% compounded annually? Round your answer to two decimal places.

Goals that are overly ambitious can discourage employees and decrease motivation, yet the idea of stretch goals is proposed as a way to get people fired up and motivated. as a manager, how might you decide where to draw the line between a “good” stretch goal and a “bad” one that is unrealistic?

Who is better at multi-tasking? in business, employees are often asked to perform a complex task when their atten-tion is divided (i. e., multi-tasking). human factors (may 2014) published a study designed to determine whether video game players are better than non–video game play-ers at multi-tasking. each in a sample of 60 college stu-dents was classified as a video game player or a non-player. participants entered a street crossing simulator and were asked to cross a busy street at an unsigned intersec-tion. the simulator was designed to have cars traveling at various high rates of speed in both directions. during the crossing, the students also performed a memory task as a distraction. two variables were measured for each student: (1) a street crossing performance score (measured out of 100 points) and (2) a memory task score (measured out of 20 points). the researchers found no differences in either the street crossing performance or memory task score of video game players and non-gamers. “these results,” say the researchers, “suggest that action video game players [and non-gamers] are equally susceptible to the costs of dividing attention in a complex task”

Advanced enterprises reports year-end information from 2018 as follows: sales (160,250 units) $968,000 cost of goods sold 641,000 gross margin 327,000 operating expenses 263,000 operating income $64,000 advanced is developing the 2019 budget. in 2019 the company would like to increase selling prices by 14.5%, and as a result expects a decrease in sales volume of 9%. all other operating expenses are expected to remain constant. assume that cost of goods sold is a variable cost and that operating expenses are a fixed cost. should advanced increase the selling price in 2019?