One advantage of the payback period method is that it provides a rough measure of a project's liquidity and risk.?

Answer the following statement true (T) or false (F)


True

Payback period method provides information about both the risk and the liquidity of a project. A long payback means that (1) the investment dollars will be locked up for many years, hence the project is relatively illiquid; and (2) the project's cash flows must be forecast far out into the future, hence the project is probably quite risky. See 9-5: Use of Capital Budgeting Techniques in Practice

Business

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In the experience section of the résumé, the focus should be on

A) responsibilities of the job. B) abilities developed in coursework. C) training sponsored by businesses. D) high school or military training. E) what you accomplished in each position.

Business

International business differs from domestic business in that a firm operating across borders must deal with which of the following additional environmental forces?

A. Sociocultural B. Foreign C. Political D. Competitive E. Geographic

Business

Park Inc owns 35 percent of Exeter Corporation. During the calendar year 2013, Exeter had net earnings of $300,000 and paid dividends of $36,000 . Park mistakenly accounted for the investment in Exeter using the cost method rather than the equity method of accounting. What effect would this have on the investment account and net income, respectively?

a. Understate, overstate b. Overstate, understate c. Overstate, overstate d. Understate, understate e. None of these answer choices is correct.

Business

Describe the three levels of corporate social responsibility available to organizations.

What will be an ideal response?

Business