Garrison Company has two investment opportunities. A cash flow schedule for the investments is provided below:YearInvestment A Investment B0 $(5,000) $(6,000) 1 2,000 3,000 2 2,000 2,000 3 2,000 2,000 4 2,000 1,000 Considering the unequal investments, which of the following techniques would be most appropriate for choosing between Investment A and Investment B?
A. Present value index
B. Payback method
C. Net present value method
D. None of these answers are correct.
Answer: A
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Which of the following statements is true of justifiable reliance?
A. Misrepresentation of public facts amounts to justifiable reliance. B. There should not be any causal connection between a misrepresentation and the complaining party's entry into the contract. C. It cannot lead to rescission of a contract if the complaining party was aware of the truth. D. It is an important element of unilateral mistakes.
Which one of the following is not a characteristic generally evaluated in ratio analysis?
A) liquidity. B) profitability. C) marketability. D) leverage.
The first step in achieving strategic fit between competitive and supply chain strategies is to
A) understand the supply chain and map it on the responsiveness spectrum. B) understand customers and supply chain uncertainty. C) match supply chain responsiveness with the implied uncertainty of demand. D) ensure that all functional strategies within the supply chain support the supply chain's level of responsiveness.
What is meant by automatic progression?
What will be an ideal response?