Under certain conditions, a particular project may have more than one IRR. One condition under which this situation can occur is if, in addition to the initial investment at time = 0, a negative cash flow occurs at the end of the project's life

Indicate whether the statement is true or false


True

Business

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On January 1, 2016, the Accounts Receivable and the Allowance for Uncollectible Accounts for Darius Company carried balances of $20,000 and $550 respectively. During the year, the company reported $70,000 of credit sales. There were $400 of receivables written off as uncollectible in 2016 . Cash collections of receivables amounted to $74,700 . The company estimates that it will be unable to

collect 5% of the year-end accounts receivable balance. The net realizable value of receivables appearing on the 2016 balance sheet will amount to: a. $14,105 b. $14,155 c. $14,900 d. $15,450

Business

Which of the following organizations does not require that banks report to it?

a. Internal Revenue Service b. Federal Reserve System c. Comptroller of the Currency d. Federal Deposit Insurance Corporation e. Interstate Commerce Commission

Business

Eastview Company uses a periodic LIFO inventory system, and has the following purchases and sales: January 1150 units were purchased at $9 per unit.January 17120 units were sold.January 20160 units were purchased at $11 per unit.January 29150 units were sold. What is the value of cost of goods sold?

A. $2,750. B. $380. C. $2,730. D. $440. E. $2,670.

Business

Three students were marked as ____ because they did not attend class on the first day

A) no-shows B) nos-show C) nos-shows

Business