All projects should always use the WACC as the required return for capital budgeting purposes
Indicate whether the statement is true or false
FALSE
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Manufacturers of systems such as razors and ink jet printers use a system of pricing called "two-part pricing": one price for the disposable products and another for the "hardware."
Indicate whether the statement is true or false
The percentage-of-completion method
a. recognizes a portion of the contract price as revenue during each accounting period of construction. b. bases the amount of revenue, expense, and income on the proportion of total work performed during the accounting period. c. measures the proportion of total work carried out during the accounting period either from engineers' estimates of the degree of completion or from the ratio of costs incurred to date to the total costs expected for the entire contract. d. all of the above. e. none of the above.
A breach of contract always discharges the injured party from performance under the contract
a. True b. False Indicate whether the statement is true or false
A disadvantage of written communication is that
A. it provides a receiver little time to think about the message. B. the message cannot be revised several times. C. the message might not contain enough information to answer questions. D. it leads to spontaneous responses. E. there is no permanent record of the message.