The two cardinal rules that financial analysts should follow to avoid errors are: (1) in the NPV equation, the numerator should use income calculated in accordance with generally accepted accounting principles, and (2) all incremental cash flows should be considered when making accept/reject decisions for capital budgeting projects.
Answer the following statement true (T) or false (F)
False
You might also like to view...
Using the following transactions, calculate (a) net income for the period, as well as the ending balances of (b) total assets, (c) total liabilities, and (d) Cash
a. Opened business by issuing common stock for $36,000. b. Paid one year's insurance in advance, $2,400. c. Billed customers for services rendered, $6,000. d. Received utility bill, to be paid next month, $400. e. Received $800 in advance of performing a service. f. Received $4,400 from customers billed in c. g. Paid $300 on the utility bill of d. h. Dividends of $2,000 were declared and paid.
Kyle is evaluating solutions to fixing the leaky roof at the hockey rink he manages. Please answer the questions below. In order to evaluate the solutions, Kyle considered the ____.
A. pros of each alternative B. cons of each alternative C. how he could objectively measure the alternatives D. all of the above
During a labor organizing drive, members of management are not allowed to make any public statements critical of unions.
Answer the following statement true (T) or false (F)
Hardware costs have ________ while technology has ________ during the past few decades
(a) risen, improved. (b) fallen, improved. (c) risen, regressed. (d) fallen, regressed.