The minimum rates of return or a minimum cash flow payback period are two standards established in capital investment analysis

Indicate whether the statement is true or false


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Business

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The primary purpose of a stock split is to

A) increase paid-in capital B) reduce the market price of the stock per share C) increase the market price of the stock per share D) increase retained earnings

Business

Acme, Inc., produces widgets. To manufacture a new type of widget, it took 100 hours for the first widget. Acme estimates it has a 95% learning rate. Using the logarithmic approach, calculate the time it will take to manufacture the 75th widget.

a. 62.89 hours b. 72.70 hours c. 56.55 hours d. 76.42 hours

Business

A security interest is enforceable only if the debtor has title to the collateral

Indicate whether the statement is true or false

Business

Suppose you put $100 into a savings account today, the account pays a nominal annual interest rate of 6 percent, but compounded semiannually, and you withdraw $100 after 6 months

What would your ending balance be 20 years after the initial $100 deposit was made? A) $226.20 B) $115.35 C) $62.91 D) $9.50 E) $3.00

Business