Which statement about the format of a business letter is most accurate?
A) Legal agreements are invalid if they do not demonstrate the correct letter format.
B) All business letters will use the block formatting style.
C) The appearance of a business letter can send nonverbal messages about a sender to a receiver.
D) All answer choices are accurate.
C
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If P(A)=0.6, P(B)=0.5, and P(A?B)=0.20, then P(B | A)=
A. .33. B. .4. C. .9. D. .5.
The return on total assets can be calculated as profit margin times total asset turnover.
Answer the following statement true (T) or false (F)
________ is an action to undo a contract.
A. Parol evidence B. Covenant C. Condition subsequent D. Rescission
Suppose a firm evaluates four independent investments using only capital budgeting techniques that consider the time value of money. Which of the following statements is correct?
A. The company should purchase the one project that has the highest internal rate of return (IRR). B. All of the capital budgeting techniques the company uses should provide the same accept/reject decisions. C. The company should purchase the project that has the shortest traditional payback period (PB). D. The company should purchase the one project that has the highest net present value (NPV); the other projects should not be purchased, even if their NPVs are positive. E. The capital budgeting techniques used by the company will always agree on which project should be ranked as the best one to purchase.