Ordinances are generally enacted by state legislatures

Indicate whether the statement is true or false


False

Business

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The federal agency that presides over marketing communications is the Federal Communications Commission (FCC)

Indicate whether the statement is true or false

Business

Quentin wants to reward his employees while also raising equity in his small business. By doing this, he will be able to keep control of the business until the time comes to hand over the reins to his eligible employees. Quentin has decided to start

a. A merit pay system b. Profit sharing c. Gainsharing d. An employee stock ownership plan

Business

When entrepreneurs are unwilling to give up responsibility to others, it becomes difficult to transition from a start-up to a growing, well-managed business. 

Answer the following statement true (T) or false (F)

Business

Langton Inc. is considering Projects S and L, whose cash flows are shown below. These projects are mutually exclusive, equally risky, and not repeatable. The CEO believes the IRR is the best selection criterion, while the CFO advocates the MIRR. If the decision is made by choosing the project with the higher IRR rather than the one with the higher MIRR, how much, if any, value will be forgone. In other words, what's the NPV of the chosen project versus the maximum possible NPV? Note that (1) "true value" is measured by NPV, and (2) under some conditions the choice of IRR vs. MIRR will have no effect on the value lost. r =7.00%    Year0 1 2 3 4 CFS?$1,100 $550 $600 $100    $100 CFL?$2,750 $725 $725 $800 $1,400

A. $185.90 B. $197.01 C. $208.11 D. $219.22 E. $230.32

Business