What is the IRR for a project with a current cost of $7,000 that is expected to produce cash inflows of $1,000 at the end of each of the next 10 years? Round answer to the nearest whole percent
A) 10%
B) 8%
C) 7%
D) 11%
E) 6%
C
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Because of potential difficulties when seeking advice from experts, it is best to use interviews with experts when conducting marketing research ________
A) for industrial firms B) for products of a technical nature C) in situations where little information is available from other sources D) all of the above
Home Gallery, Inc. had beginning retained earnings of $125,000 on January 1, 2019. During the year, Home Gallery declared and paid $40,000 of cash dividends and earned $55,000 of net income. Prepare a statement of retained earnings for Home Gallery, Inc. for the year ending December 31, 2019.
What will be an ideal response?
Of a company's employees, 75 percent typically qualify to receive two weeks' paid vacation out of 50 working weeks per year. The entry to record the amount of estimated liability for vacation pay for a week in which the total payroll is $9,600 :
a. Estimated Liability for Vacation Pay 144 Cash 144 b. Vacation Pay Expense 288 Estimated Liability for Vacation Pay 288 c. Vacation Pay Expense 7,200 Cash 7,200 d. Cash 256 Estimated Liability for Vacation Pay 256
One practical step that should be taken in order for an organization to begin developing a core of project management professionals is to:
A) Fire the unprofessional project managers. B) Hire professional project managers. C) Formalize the organization's commitment with training programs. D) Review instances where projects were poorly managed.