Leases of short-term assets are operating leases, and leases of long-term assets are capital leases
Indicate whether the statement is true or false
F
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What is the result in cell B4? Note that the function is using a 30/360 day count basis.
a) 0.5
b) 1.0
c) 1.5
d) 2
e) 3
Foreign firms are expanding aggressively into new international markets, and home markets are no longer as rich in opportunity
Indicate whether the statement is true or false
As the owner of a small business with 60 employees that makes custom floor mats, Paul makes all of the buying decisions. Paul is most likely the user.
Answer the following statement true (T) or false (F)
A project manager is using the payback method to make the final decision on which project to undertake. The company has a 10% required rate of return and expects a 4% rate of inflation for the following five years
What is the discounted payback of a project that has cash flows as shown in the table? Year Cash Flow 0 -$100,000 1 $20,000 2 $50,000 3 $50,000 4 $25,000 5 $500,000 A) 3.4 years B) 2.6 years C) 5.0 years D) 4.2 years