A firm is trying to determine which of two products it should launch. Product A has an expected life of three years. It will bring in cash flows of $11,000 in each of the three years. Product B has an expected life of two years. It will bring in cash flows of $15,000 in each of the two years. Assume a discount rate of 8%. Which product should the firm, based on NPV alone, select?
a. Product A
b. Product B
c. Product A and B are equivalent
d. NPV for the products cannot be calculated with the information given.
a. Product A
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To convert a conceptual model with a maximum Multiplicities relationship of "many to many" into relationship database tables, one must:
A. Create a foreign key in one of the tables to link the two tables. B. Create a relationship table to handle the many-to-many relationship. C. Many-to-many relationship cannot be represented in Access. D. Create a relation with no attributes of its own.
A coal mine cost $1,009,000 and is estimated to hold 57,000 tons of coal. There is no residual value. During the first year of operations, 12,000 tons are extracted and sold. Calculate depletion per unit. (Round your answer to the nearest cent.)
A) $8.85 B) $4.43 C) $17.70 D) $13.27
The joint efforts of the FASB and the IASB to set forth qualitative characteristics of financial reporting information have led to which of the following tentative pervasive constraints?
a. cost, only b. materiality, only c. understandability, only d. timeliness, only e. materiality and cost
How are professionals defined? Describe the American Bar Association's Model Rules of Professional Responsibility
What will be an ideal response?