The value of any asset is the present value of the cash flows the asset is expected to provide. The cash flows a business is able to provide to its investors is its free cash flow. This is the reason that FCF is so important in finance.
Answer the following statement true (T) or false (F)
True
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Layout decisions ______.
A. are tactical decisions B. affect the cost and efficiency of manufacturing and warehouse operations C. are easily modified D. are subject to government regulations
In some cases the statement, "I don't need your product," is a conditioned response
Indicate whether the statement is true or false
A busy mom stops at a 7-Eleven store on the way home from work to purchase some bread, milk, and ice cream. What primary economic need is being satisfied by the 7-Eleven?
A. efficiency in operation B. economy of purchase C. dependability in use D. convenience
A clause in a contract in which the parties specify certain events that will excuse nonperformance is known as a(n) ________.
A. approval clause B. express condition C. force majeure clause D. implied-in-fact condition