NC Products Inc is considering investing in one of two projects. Both projects have a net present value of $25,000; however, Project #1 requires an initial investment of $300,000 while Project #2 requires an initial investment of $700,000. Based on this information, which of the following statements is true?
A) Project #2 will have a higher profitability index.
B) Project #1 will have a higher profitability index.
C) Both projects will have the same profitability index.
D) There is not enough information to determine the profitability index of either project.
B
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If your after-tax expected real interest rate is 3 percent and your expected inflation rate is 2 percent, what was the nominal interest rate on your one-year bond if you faced a tax rate of 20 percent?
A. 5.0 percent B. 5.75 percent C. 6.0 percent D. 6.25 percent
As a marketing researcher of a firm, you have planned to conduct behavioral research to develop marketing insight. What procedure would you follow in this case?
What will be an ideal response?
Motor-carrier costs in the United States ______.
A. are double those of total transportation costs as in the European Union B. are 77% of the total transportation costs in the United States C. are half the cost of air transport in the United States D. are low because these are regulated by the government
Bart, the owner of Clear Cut Corporation, signs an instrument that includes the phrase "payment for this note will be made from the proceeds of next year's timber sale." This instrument is A) negotiable
B) notnegotiable, because payment can be made only out of a particular source. C) notnegotiable, because it states an express condition to payment. D) notnegotiable, because the reasons for the note are not clear on its face.