The potential for corporate fraud is always a consideration when using or even adopting an AIS. Even simple tools like Excel are useful in drawing information from accounting records found in an AIS. S&S is not exempted from this concern. Although this is not a normal duty for you, Ashton has asked you to analyze sales data for its stores. He expects this task will pay dividends later as you evaluate AIS solution controls. He did not share any expenses or specific fraud data.
Assignments: (100 points) 1. Calculating Present Value (5 points)– You have just received not
Assignments: (100 points) 1. Calculating Present Value (5 points)– You have just received notification that you have won the $2 million first prize in the Centennial Lottery. However, the prize will be awarded on your 100th birthday (assuming you are around to collect), 80 years from now. What is the present value




