It is important to display empathy when dealing with complaining customers
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It is unethical to draw conclusions if data analysis did not reveal anything new or significant
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Economic value added is synonymous with shareholder wealth created by an investment center
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Partnerships are not subject to income taxes, but partners individually are responsible to pay personal income taxes on their share of the income of the partnership
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Which of the following statements is correct?
A. A project's discounted payback period (DBP) is normally shorter than its traditional payback period (PB) because DPB accounts for the time value of money, whereas PB does not. B. To compute the NPV for a project, the firm's required rate of return must be known. To compute a project's internal rate of return (IRR), the firm's required rate of return is not used because the IRR is the discount rate where the project's NPV equals zero. C. Two firms could compute different internal rate of return (IRR) for a project if their required rates of return differ. D. If a project's net present value (NPV) is equal to its internal rate of return (IRR), the project's value is in equilibrium. E. Everything else equal, firms with higher required rates of return generally are able to purchase more capital budgeting projects than firms will lower required rates of return.