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Indicate whether the statement is true or false


True

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A company is contemplating investing in a new piece of manufacturing machinery. The amount to be invested is $170,000. The present value of the future cash flows is $185,000. The company's desired rate of return used in the present value calculations was 10%. Which of the following statements is true?

A) The project should not be accepted because the net present value is negative. B) The internal rate of return on the project is less than 10%. C) The internal rate of return on the project is more than 10%. D) The internal rate of return on the project is equal to 10%.

Business

When a consultant proposes a program to a client, the most suitable report form is a memorandum report

Indicate whether the statement is true or false

Business

The purchase of stock in another company is classified as an investing activity.

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

Business

In terms of dealing with customer problems, a study in a medical billing operation found that the most effective technique was to

A) focus more on the problem than the customer's emotion. B) focus more on the customer's emotion than the problem. C) immediately offer a refund rather than attempting to deal with an unhappy customer. D) ask the customer for sympathy and compassion.

Business