A(n) __________ is a special type of lease transaction generally involving three parties instead of two
a. consumer lease
b. sale
c. finance lease
d. option
c
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Float, when applied to cash receipts, is the time between payment by customer and the availability of funds on deposit and available for use
Indicate whether the statement is true or false
When we trust someone because of his or her integrity, we believe the person possesses a basic ______ that permeates our relationship.
A. deception B. simplicity C. honesty D. consistency
Pacific Green Company is considering buying a unique bar-coding machine to help them track their plant inventory. They evaluated the payback period and accounting rate of return and selected the project for further evaluation. Relevant information on the machine is repeated as follows:Acquisition cost = $48,000Expected salvage value = $0Expected annual cash inflow benefits = $13,000 per year for 5 yearsExpected useful life = 5 yearsRequired: Compute the net present value of the project assuming a discount rate of 16%. Use EXCEL to compute the internal rate of return. Advise PGC on the best course of action with respect to the investment.
What will be an ideal response?
Primary data need not be collected when secondary research is relevant, current, and reliable
Indicate whether the statement is true or false