Global Finance for Managers in Hamburgers Business Discussion
Course: global finance for managers
In 350 words You may be familiar with the 1950s cartoon called Popeye the Sailor Man. One of the characters, named Wimpy J. Wellington, had a catch phrase of I will gladly pay you Tuesday for a hamburger today. As either an individual or a business owner, should you accept the terms of providing Wimpy with that hamburger, with a promise of payment on Tuesday? Explain why or why not, using the fundamentals of time value of money to illustrate your point.
Popeye the Sailor Man Reference (Links to an external site.)