C & K Inc purchased a delivery van costing $65,000. Annual operating cash inflows are expected to be $18,000 each year for six years. At the end of the asset's life, the salvage value is expected to be $5,000. Assuming C & K's cost of capital is 15 percent, what is the asset's net present value? (ignore income taxes)
A) $3,121
B) $22,044
C) $5,283
D) $959
C
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When Kraft's Philadelphia cream cheese changed its packaging from round to oval to ensure front-facing displays that can't spin and to fit more into the same shelf space, this was a subtle way in which the firm ________ its product.
A. individualized B. sustained C. repositioned D. privatized E. branded
The development of courses of action and contingency plans and then adapting those plans in light of changes that occur in the team's environment refer to
A. helping behavior. B. goal progress. C. strategy formulation. D. systems monitoring. E. taskwork protocols.
The general partner of a limited partnership may be a corporation
Indicate whether the statement is true or false
Donna and Paul DeRossi own an agricultural farm in the outskirts of New Jersey. Their son Ron, who is 13 years old, helps them every day by watering the saplings. Neighbors saw Ron working in the field every day and informed Department of Labor about this and complained of child labor. Have Donna and Paul violated the law under Fair Labor Standards Act (FLSA) by allowing their son to work on the
agricultural farm land?? A) ?No, they have not violated the law of FLSA because the minors under age fourteen are allowed to work in any kind of occupations. B) ?No, they have not violated the law of FLSA because the minors are engaged in hazardous occupation as identified by the secretary of labor. C) ?No, they have not violated the law of FLSA because the minors under the age of fourteen are allowed to work in agriculture under specific limitations and with parental consent. D) ?Yes, they have violated the law of FLSA because the minors under the age of fourteen are not at all allowed to work in agricultural occupations.