To demonstrate sequences and procedures, which of the following should be used?
A) Slide transitions
B) Decorative animation
C) Functional animation
D) Hyperlinks
E) Slide builds
Answer: C
Explanation: C) Functional animation involves motion that is directly related to your message, such as a highlight arrow that moves around the screen to emphasize specific points in a technical diagram. Such animation is also a great way to demonstrate sequences and procedures.
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____________________ ratios measure how efficiently the firm uses its assets to generate revenues.
Fill in the blank(s) with the appropriate word(s).
Which project should be chosen on the basis of the normal NPV approach? (See Table 11.11 )
A) Project A because its NPV is higher B) Project B because its NPV is higher C) Project A because its IRR is higher D) Project B because its IRR is higher
What is the "dirty" price of a bond?
What will be an ideal response?
Prudencio Corporation has provided the following information concerning a capital budgeting project: After-tax discount rate 13%Tax rate 30%Expected life of the project 4 Investment required in equipment$160,000 Salvage value of equipment$0 Annual sales$400,000 Annual cash operating expenses$290,000 One-time renovation expense in year 3$40,000?The company uses straight-line depreciation on all equipment. Assume cash flows occur at the end of the year except for the initial investments. The company takes income taxes into account in its capital budgeting. The income tax expense in year 2 is:
A. $12,000 B. $33,000 C. $9,000 D. $21,000