Additional investment in working capital, even if it may be recovered at the end of a project, must
be included in capital budgeting analysis because of the time value of money.
Indicate whether the statement is true or false
TRUE
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The SBA's primary business loan program is:
A. the Microloan. B. the SBIR. C. the 504. D. the 7(a) loan.
Dewey Corporation has the following data, in thousands. Assuming a 365-day year, what is the firm's cash conversion cycle? Do not round intermediate calculations. Round your answer to the nearest day. Annual sales =$53,000 Annual cost of goods sold =$37,100 Inventory =$4,000 Accounts receivable =$2,000 Accounts payable =$2,400 ?
A. 29 days B. 25 days C. 30 days D. 36 days E. 33 days
Which of the following observations concerning price fixing is true?
A. It is considered "conspiracy" under the Sherman Act. B. It is permitted in the United States, under certain circumstances. C. Price fixing laws across the globe are similar in nature. D. In the U.S, individual managers are not held responsible for price fixing. E. It is highly uncommon and relatively difficult to achieve.
A scanner is a
a. computer storage device b. type of personal computer c. machine that creates a computer file from a paper copy d. type of fax machine