Discussions

Two questions, no limit on words, but be thorough:

1

Identify three situations in which accounting measures are based on present values. Do these present value applications involve single sums or annuities, or both single sums and annuities? Explain.

2

As a manager of an organization, what statistics from Chapter 5 would you use and why if you wanted to estimate your annual employee turnover? In your post be sure to specifically identify the statistical formulas and what additional data you would need to determine your estimate(s).