The anticipated purchase of a fixed asset for $400,000, with a useful life of 5 years and no residual value, is expected to yield total net income of $300,000 for the 5 years. The expected average rate of return is 37.5%
Indicate whether the statement is true or false
False
You might also like to view...
Prior to establishing a quick response (QR) inventory planning system, suppliers need to rethink their _____
a. credit terms and quantity discount schedule b. quantity discount schedule and minimum order sizes c. purchase prices and minimum order sizes d. credit terms and minimum order sizes
Genetic engineering has had a positive impact on the pharmaceutical industry. This is an example of which type of general environmental trend?
A. economic B. technological C. political and legal D. demographic
Which of the following strategy factors leads to a positive effect of advertising on sales?
A. long channels of distribution B. emotional buying motives C. inelastic product demand D. hidden product qualities E. elasticity in demand
Strategic objectives should be measurable, specific, appropriate, and realistic, but not constrained by time deadlines.
Answer the following statement true (T) or false (F)