Using the information shown in Table 7.1, what is the project duration?

A) 15
B) 14
C) 12
D) 10


A

Business

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Journalizing eliminates fraud

Indicate whether the statement is true or false

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An operations manager's staff has compiled the information below for four manufacturing alternatives (A, B, C, and D) that vary by production technology and the capacity of the machinery

All choices enable the same level of total production and have the same lifetime. The four states of nature represent four levels of consumer acceptance of the firm's products. Values in the table are net present value of future profits in millions of dollars. States of Nature 1 2 3 4 Alternative A 50 55 60 65 Alternative B 30 50 80 130 Alternative C 70 80 70 65 Alternative D -100 -10 150 220 a. Assuming a maximax strategy, which alternative would be chosen? b. If maximin were used, which would be chosen? c. If the states of nature were equally likely, which alternative should be chosen?

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A shareholder who owns sufficient shares to outvote the other shareholders, or to otherwise set corporate policy, and thus to control the corporation is known as a(n) __________ shareholder

a. controlling b. absolute c. manipulative d. chargeable

Business

Answer the following statement(s) true (T) or false (F)

Entrepreneurship is more than the mere creation of a business.

Business