A ______ trend often occurs when new products are introduced.
A. linear
B. nonlinear
C. no trend (level demand)
D. damped
D. damped
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What will be an ideal response?
The mayor of Trenton is considering the purchase of a new computer system for the city's tax department. The system costs $75,000 and has an expected life of five years. The mayor estimates the following savings will result if the system is purchased:Year Savings1 $20,000 2 25,000 3 30,000 4 15,000 5 12,000 What can be said about the computer system's internal rate of return if the net present value at 12% is positive? Trenton uses a 10% discount rate for capital-budgeting decisions.
A. The internal rate of return must be less than 5%. B. The internal rate of return is between 10% and 12%. C. The internal rate of return is less than 10%. D. The internal rate of return is greater than 12%. E. There is insufficient information to make any judgment about the internal rate of return.
The 1999 end-of-year holiday season was considered a milestone in B2C e-business in the U.S. because online sales approached what percentage of total holiday sales?
A) 1% B) 2% C) 5% D) 10%
Once an Account Receivable is written off, can a business ever collect that money?
A) No, GAAP does not allow a company to collect any amounts from a customer who has had an account written off. B) Only when using the direct write-off method can a company collect from a customer who has had an account written off. C) Only when using the allowance method can a company collect from a customer who has had an account written off. D) Both the allowance and direct write-off methods permit a company to collect from a customer who has had an account written off.