A capital budgeting project has a net present value of $30,000 and a modified internal rate of return
of 15%. The project's required rate of return is 13%. The internal rate of return is
A) between 13% and 15%. B) less than 13%.
C) greater than 15% D) greater than $30,000.
C
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A company is deciding where to assign its summer intern. The manager estimates that the intern can save $10,000 in the supply chain or increase sales (revenue) by $25,000
If sales (revenue) is divided into the three categories shown in the table, where should the manager assign the intern to maximize profits? Supply Chain Costs Production Costs Profits % of current sales (revenue) 35 25 40
Only a bank may serve as the maker of a certificate of a deposit
Indicate whether the statement is true or false
On average, cars ________ about twenty percent of their value each year.
A) escalate B) appreciate C) depreciate D) realize E) None of the answers are correct
Since 1985, the daily temperature in Daytona Beach, Florida during spring break week has a mean of 74.6 degrees and a standard deviation of 2.2 degrees
Assuming that the distribution of temperatures is bell-shaped, how likely is it that the average daily temperature this year will be above 71 degrees? Explain.