Finance as we know it today grew out of and lies between economics and accounting. Economists developed the notion that an asset's value is based on the future cash flow the asset will provide. Accountants provided the information about the likely size of those cash flows. So, people who work in finance require knowledge of both economics and accounting. Eugene F. Brightman et al., Fundamentals of Financial Management.
A) Argument; conclusion: Economists developed the notion ... asset will provide.
B) Argument; conclusion: People who work in finance ... accounting.
C) Argument; conclusion: Accountants provided the information ... cash flows.
D) Nonargument.
E) Argument; conclusion: Finance as we know it today ... accounting.
Correct Answer:
Verified
Q153: People everywhere recognize a category of people
Q154: Earlier attempts to build offshore windfarms ran
Q155: If Supreme Court Justice Ruth Bader Ginsburg
Q156: Liquids and gasses have the property of
Q157: All businesses are involved in three types
Q159: There are two types of pension plan.
Q160: Assume that the universe is 14 billion
Q161: In the expression "If religion dictates what
Q162: If the Zika virus is harmless, then
Q163: Silvia is a middle-aged, dark haired Protestant
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents