finance






 

Question by  mrt (56)

How does the lottery figure present value accounting?

 
+6

Answer by  mikejonese434 (11)

Methods of value accounting are used to measure the value of the price of a lottery ticket versus the benefit of winning, divided by the probability you have of actually winning the money.

 
+5

Answer by  eatwrite (1559)

The lottery goes up every week if no one wins. It is based on how many tickets were sold and how much money is collected.

 
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