Each part of the service mix should make a different contribution to achieving a firm's goals
Indicate whether the statement is true or false
a. True
b. False
ANSWER: True
Each part of the service mix should make a different contribution to achieving a firm's goals. To succeed, each service may also need a different level of financial support.
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Which of the following statements is true about the Federal Sentencing Guidelines?
A. They are designed to establish consistent sentences for homicides only. B. They mandate a minimum one-month prison term for tax frauds. C. They require judges to arrive at a sentence by using a formula based on the seriousness and circumstances of the crime. D. They specifically mandate lenient penalties and faster trials for corporations dealing with white-collar crimes.
Kempf Corporation faces a marginal tax rate of 35 percent. One project that is currently under evaluation has a cash flow in the fourth year of its life that has a present value of $10,000 (after-tax). Kempf Corporation assumes that all cash flows occur at the end of the year and the company uses 11 percent as its discount rate. What is the pre-tax amount of the cash flow in year 4? (Round to the
nearest dollar.) Present value tables or a financial calculator are required. a. $15,181 b. $23,356 c. $ 9,868 d. $43,375
According to the US Civil Rights Act of 1991, a practice that is seemingly neutral can still be unlawful. Under what circumstances would that be true?
a. If the practice was more than 100 years old b. If the practice conflicted with laws in the Bill of Rights c. If the practice was inconsistently followed d. If the practice had a discriminatory impact
Yoga Center Inc. is considering a project that has the following cash flow and cost of capital (r) data. What is the project's NPV? Note that a project's expected NPV can be negative, in which case it will be rejected. r:14.00% Year0 1 2 3 4 Cash flows?$1,200 $400 $425 $450 $475
A. $41.25 B. $45.84 C. $50.93 D. $56.59 E. $62.88