A seller has an insurable interest in goods as long as the goods are in existence
Indicate whether the statement is true or false
False
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Dissolution of a partnership
a. implies that the business operations will halt. b. occurs when there is any change in the members of the partnership. c. implies that the business cannot continue with a new group of partners. d. implies that the business cannot form a different ownership structure.
Trade publications are useful sources of secondary information
Indicate whether the statement is true or false
"Groupthink" is always to be trusted because the great number of people needed to come to one consensus is usually correct
a. True b. False
Eddie Corporation is considering the following three investment projects (Ignore income taxes.): Project CProject DProject EInvestment required$36,000 $41,000 $85,000 Present value of cash inflows$39,960 $47,560 $92,650 Rank the projects according to the profitability index, from most profitable to least profitable.
A. C, E, D B. D, C, E C. E, C, D D. E, D, C