The reciprocal of the payback period is used to calculate the average rate of return for a project
Indicate whether the statement is true or false
TRUE
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Which of the following is true of backward-looking metrics?
A) They tell a company where it stands with respect to current performance. B) They provide insights on future performance. C) They are applied at regular intervals during an operating period. D) They include company metrics such as late deliveries and late payments. E) They include marketing metrics such as customer awareness and customer satisfaction.
Identify the statement that challenges Albert Carr's analogy that, like poker, business is a game that has its own rules and, therefore, is exempt from ordinary requirements of morality.
A. Even if business did have its own set of ethical conventions, that fact alone does not exempt it from ordinary ethical evaluations. B. Unlike poker games, individual often have no choice but to participate in business practices. C. Carr overestimates the prevalence and acceptability of dishonesty within business. D. There are major disanalogies between business and games like poker that weaken the conclusions drawn from Carr's analogy. E. All of the answers are correct. F. None of the answers are correct.
Mrs. Jones offers to sell her house to Smith for $200,000. Smith says he will pay no more than $185,000. Which of the following statements would be true at common law?
A) Mrs. Jones and Smith have negotiated a settlement. B) Smith's price is close enough to constitute acceptance of Mrs. Jones's original offer, but the contract price will be set at $200,000. C) Smith has terminated the original offer and now has set forth a counteroffer. D) Mrs. Jones's offer remains open and so does Smith's counteroffer.
What are the assumptions of the EOQ model?
What will be an ideal response?