As a rule, smaller and newer firms are traded on OTC markets.

Answer the following statement true (T) or false (F)


True

Business

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Jennings Creations is considering an investment in a computer that is capable of producing various images that are useful in the production of commercial art. The computer would cost $20,000 and have an expected life of eight years. The computer is expected to generate additional annual net cash receipts (before-tax) of $6,000 per year. The computer will be depreciated according to the

straight-line method and the firm's marginal tax rate is 25 percent. Refer to Jennings Creations. What is the after-tax net present value of the proposed project (using a 16 percent discount rate)? Present value tables or a financial calculator are required. a. $2,261 b. $(454) c. $6,062 d. $(4,797)

Business

For the purposes of procedural due process, __________ includes certain entitlements conferred by government such as social security payments and food stamps

a. the right of free speech b. equal protection c. property d. liberty

Business

The four elements of revenue are:

a. customers, frequency, selling process, price b. profit, sales, employees, selling process c. selling process, price, employees, profit d. customers, revenue streams, frequency, price

Business

________ are the branches between exchanges

A. Subscribers B. Subscriber line C. Exchanges D. Trunks

Business