A good times interest earned record would be indicated by a relatively high, stable coverage for the times interest earned coverage
Indicate whether the statement is true or false
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_____, a social media metric, indicates the number of likes, fans, followers, and friends; growth rates; rate of virality or pass along; and change in pass along over time.
A) Buzz B) Influence C) Interest D) Participation
The business-style date line starts with the day of the month followed by the month, no comma, and all four digits of the year
Indicate whether the statement is true or false
An implied-in-fact contract is one based on the conduct of the parties
Indicate whether the statement is true or false
The cost of capital for two mutually exclusive projects that are being considered is 12%. Project K has an IRR of 20% while Project R's IRR is 15%. The projects have the same NPV at the 12% current cost of capital. Interest rates are currently high. However, you believe that money costs and thus your cost of capital will soon decline. You also think that the projects will not be funded until the cost of capital has decreased, and their cash flows will not be affected by the change in economic conditions. Under these conditions, which of the following statements is CORRECT?
A. You should delay a decision until you have more information on the projects, even if this means that a competitor might come in and capture this market. B. You should recommend Project R, because at the new cost of capital it will have the higher NPV. C. You should recommend Project K, because at the new cost of capital it will have the higher NPV. D. You should recommend Project R because it will have both a higher IRR and a higher NPV under the new conditions. E. You should reject both projects because they will both have negative NPVs under the new conditions.