Which of the following is not a cost-based pricing method?
A) Target costing
B) Time and materials pricing
C) Return on assets pricing
D) Gross margin pricing
A
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Four applications for admission to a local university are checked, and it is determined whether each applicant is male or female. The number of sample points in this experiment is
A. 2. B. 4. C. 16. D. 8.
Which of the following statements is CORRECT? Assume that the project being considered has normal cash flows, with one outflow followed by a series of inflows.
A. A project's regular IRR is found by discounting the cash inflows at the cost of capital to find the present value (PV), then compounding this PV to find the IRR. B. If a project's IRR is greater than the WACC, then its NPV must be negative. C. To find a project's IRR, we must solve for the discount rate that causes the PV of the inflows to equal the PV of the project's costs. D. To find a project's IRR, we must find a discount rate that is equal to the cost of capital. E. A project's regular IRR is found by compounding the cash inflows at the cost of capital to find the terminal value (TV), then discounting this TV at the cost of capital.
A typical restaurant employs a ______ strategy by preparing meals only after the customer places an order, thereby matching actual production with customer demand.
a. dual strategy b. product strategy c. chase strategy d. mixed strategy
Which of the following risks can be essentially eliminated by immunizing a bond portfolio? I. default risk II. price risk III. reinvestment risk IV. liquidity risk
A) I, II and III only B) II and III only C) II, III and IV only D) I, II, III and IV