The United Nations estimated that between 2005 and 2010 for the first time the growth rate of the migrant stock (meaning all migrants, not just workers) for less-developed regions ____________ the rate for more-developed regions.
a. Equaled
b. Surpassed
c. Fell behind
d. Quadrupled
b. Surpassed
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Convertible bonds are usually:
A. participating. B. callable. C. mortgage bonds. D. senior bonds.
Under the periodic inventory system, the amount of inventory on hand is determined by taking a physical count of the merchandise on hand and calculating the cost of those goods
Indicate whether the statement is true or false
When two or more capital investment proposals are being evaluated using the accounting rate-of-return method, the proposal that yields the highest ratio of net income to average cost of investment is selected
Indicate whether the statement is true or false
A firm is trying to determine if it should launch a product. The product has an expected life of three years. It will bring in cash flows of $10,000 in each of the three years. The company estimates that it will invest $24,000 in product research and development costs. Assume a discount rate of 8%. Based on NPV, what should the firm do?
a. Launch the product because NPV is greater than the amount to be invested b. Not launch the product because NPV is greater than the amount to be invested c. Launch the product because the amount to be invested is greater than NPV d. Not launch the product because the amount to be invested is greater than NPV