Using a profitability index allows management to rank projects of similar risks with different investment amounts.

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


True

Business

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Memphis Co is considering purchasing a machine for $83,200 that will increase cash inflows by $40,000 in the first year, $30,000 the second year, and $25,000 the third year. The machine will have no residual value. The minimum rate of return is 10 percent. The present value factors, at 10 percent, for the three years are 0.909, 0.826, and 0.751, respectively. Using the above information for

Memphis, the machine's actual rate of return is A) negative. B) greater than 10 percent. C) less than 10 percent. D) 10 percent.

Business

Describe how Boeing dealt with the need to create flexible capacity when designing its 777 airliner

What will be an ideal response?

Business

Management would prefer global standardization of the marketing mix

A. because each market demands it. B. because it makes the mix easily controllable. C. for cost savings. D. to meet local conditions.

Business

____________ is the creation and development of a new product or service.

a. Creativity b. Innovation c. Prescient d. Vision

Business