The capital budgeting director of Sparrow Corporation is evaluating a project that costs $200,000, is expected to last for 10 years and produces after-tax cash flows, including depreciation, of $44,503 per year. If the firm's required rate of return is 14 percent and its tax rate is 40 percent, what is the project's IRR??
A. 8 percent?
B. ?14 percent
C. ?18 percent
D. ??5 percent
E. ?12 percent
Answer: C
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Jamie, a sales manager for an industrial materials company, reviews each sales representative's performance quarterly. She knows business has been good, but is surprised to see some reps are selling much more than their goals while others are not meeting their goals. What should Jamie do?
What will be an ideal response?
Which of the following sentences most effectively presents promotional materials in a message responding to a customer inquiry?
A) We offer an outstanding variety of thank-you gifts for our most valuable customers. B) You will find that our top-selling host gift baskets not only welcome your guests but also save you money and time compared to individually purchasing and assembling your host baskets on site. C) Can I interest you in anything else? D) If I can be of further assistance with any of our other fine products, do not hesitate to contact me.
The employees of an organization have heard rumors about rapidly dropping profits and impending layoffs. The grapevine is abuzz with bad news. People are nervous and anxious, and are starting to believe whatever is being said without verifying the source. In this situation, an appropriate action for a manager to take is to
A. neutralize the rumor by openly confirming any parts that may be true. B. restrict the length of breaks taken by the employees. C. closely monitor each employee's activities in the office. D. fire employees found spreading false stories. E. block all forms of electronic communication in the office.
Nipennie and Mirasa, two developing countries, bartered cotton for jute rather than for currency. In this scenario, the two countries engaged in _____.
A. foreign franchising B. fair trade C. arbitrage D. countertrade