An "offer" to sell an item on an online auction site generally is treated an invitation to negotiate
Indicate whether the statement is true or false
T
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In Panama Refining Co. v. Ryan, the U.S. Supreme Court upheld the validity of the National Industrial Recovery Act of 1933 (NIRA) created during the Great Depression
a. True b. False
A company is considering a 5-year project. The company plans to invest $60,000 now and it forecasts cash flows for each year of $16,200. The company requires a hurdle rate of 12%. Calculate the internal rate of return to determine whether it should accept this project. Selected factors for a present value of an annuity of $1 for five years are shown below:Interest ratePresent value of an annuityof $1 factor for year 510%3.790812%3.604814%3.4331
A. Only 9% is acceptable. B. The project earns more than 10% but less than 12%. At a hurdle rate of 12%, the project should be rejected. C. Only 10% is acceptable. D. The project should be rejected because it earns less than 10%. E. The project should be accepted.
Suppliers demanding payment in cash and materials to meet orders is lacking are two warning signs of bankruptcy.
Answer the following statement true (T) or false (F)
If a forecast is consistently greater than (or less than) actual values, the forecast is said to be biased
Indicate whether the statement is true or false