Which of the following works on the premise that a dollar today is worth more than a dollar in the future?
a. net present value
b. internal rate of return
c. net profit margin
d. payback period
ANSWER: a
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Which of the following statements best reflects the behaviors of people from monochronic societies?
A. They juggle multiple things without feeling stressed. B. They consider time as a guide and flexible commodity. C. They base promptness on relationships. D. They tend to do one thing at a time.
The NMC of any proposed strategy must be lower than the current NMC in order to increase a business's net profit
Indicate whether the statement is true or false
Cash flows to assets is measured in "times."
Indicate whether the statement is true or false
An advantage of maintaining a large inventory is _____
a. customer satisfaction b. a high stock turnover rate c. fresh merchandise d. low insurance costs