Unused capital budget funds are assumed to earn the same rate of return as the average cost of capital for the firm. In other words they may be invested in $0.0 NPV projects. (Or, alternatively, excess funds may be returned to creditors and shareholders.)
Indicate whether the statement is true or false.
Answer: TRUE
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Insider trading is considered unethical, but it is not illegal in the United States
Indicate whether the statement is true or false
Which of the following is true of using trucks as a transportation mode?
A) Transportation via trucks is costlier than by rail or air. B) Trucks are a specialized means of shipping petroleum, natural gas, and chemicals from sources to markets. C) Trucks provide in-transit services such as the diversion of shipped goods to other destinations en route. D) Trucks are highly flexible in their routing and time schedules. E) Trucks are the slowest mode of transportation and most affected by the weather.
A salesperson walks into a patisserie and says to the proprietor," Ms Kylie, your pastries are delicious. I have never tasted any better in my whole career." This is an example of a(n):
A. customer benefit approach. B. introductory approach. C. complimentary approach. D. multi-question approach. E. opinion approach.
The determination of whether a lease is a capital or operating lease is an example of:
a. elastic uniformity. b. finite uniformity. c. flexible uniformity. d. rigid uniformity.