Unformatted text preview: I do not feel the small difference in money would be nearly enough to go in the other direction. 2. Supposing that Hunter considers the time value of money for all cash flows that he expects to receive one year or more in the future this consideration would favor the alternative of the bottling company because he will make more money: $4560 during the summer and avoid the additional education expense rather than work at the meat plant accountant which has an additional expense to educate himself and less money during the summer months. The fact that accounting job at the meat company pays more in the long run, with the additional expense is something to consider but the opportunity he has to make more money over the summer, money he can spend or invest as he wishes, the bottling job would be the best choice considering the time value of money....
View Full Document
This note was uploaded on 07/18/2011 for the course ACCT 101 taught by Professor Thompson during the Spring '11 term at Broome Community College.
- Spring '11