A project has an initial cost of $10,600 and produces cash inflows of $3,700, $4,900, and $2,500 for Years 1 to 3, respectively. What is the discounted payback period if the required rate of return is 7.5 percent?
A) 2.65 years
B) 2.78 years
C) 2.94 years
D) 2.88 years
E) Never
E) Never
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Which of the following is a characteristic of a public corporation?
A) The lifetime of the organization is limited to the lifetime of the decision-making committee or the Chief Executive Officer, whichever is longer. B) Profits are taxed as income to corporation and again as income to owners when distributed as dividends. C) Ownership interests are generally limited to no more than 35 shareholders. D) Owners can exert control over daily management decisions.
Diversification is
A) not putting all of your eggs in one basket. B) spreading wealth over a variety of investment opportunities. C) a common investment strategy. D) All of the above
Corporate responsibility and sustainability are examples of
A) strategic metric. B) financial metric. C) relationship metric. D) operational metric.
If A sells to B, and B obtains title while goods are in transit, the goods were shipped ________. If C sells to D, and C maintains title until the goods arrive at D's door, then the goods were shipped ________.
A. FOB shipping point; FOB shipping point B. FOB shipping point; FOB destination C. FOB destination; FOB destination D. FOB destination; FOB shipping point