Which of the following is the capital budgeting technique that has the weakest connection to the goal of value maximization?

A) internal rate of return
B) payback period
C) profitability index
D) net present value


B) payback period

Business

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Aspen Company provides for doubtful accounts expense at the rate of 3 percent of credit sales. The following data are available for last year: Allowance for Doubtful Accounts, January 1 ..... $ 54,000 (cr) Accounts written off as uncollectible during the year ......................................... 60,000 Collection of accounts written off in prior years.. (customer credit was re-established)

........... 15,000 Credit sales, year-ended December 31 ........... 3,000,000 The allowance for doubtful accounts balance at December 31 . after adjusting entries, should be a. $45,000. b. $99,000. c. $90,000. d. $84,000.

Business

Briefly compare the advantages and disadvantages of truck and rail transport

What will be an ideal response?

Business

This sentence has correct punctuation: "The telephone rang incessantly in the conference room; distracting the audience

a. true b. false

Business

______________ is defined as assigning a function or task that was previously done within a company to an external third party.

a. Insourcing b. Macrosourcing c. Microsourcing d. Outsourcing

Business