When will the payback method be useful as a quick approximation of the discounted cash flow methods?
a. When cash flows are round figures
b. When cash flows follow similar patterns
c. When cash flows are of small amounts
d. When cash flows are recovered in a period of 5 years
b
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Each Federal Reserve Bank is
A. a corporation. B. a government owned enterprise. C. a publicly traded company. D. a government-sponsored enterprise.
What is the journal entry used to apply factory overhead of $7,650?
a. debit Work in Process $7,650; credit Factory Overhead $7,650 b. debit Factory Overhead $7,650; credit Work in Process $7,650 c. debit Work in Process $7,650; credit Materials $7,650 d. debit Work in Process $7,650; credit Wages Payable $7,650
The saying, "the union makes us strong" best describes which school of thought:
A. Industrial Relations B. Human Resource Management C. Mainstream economics D. Critical industrial relations
The IMF's _______ consists of that share of a member state's quota that it did not contribute in its own currency
A. Standby Arrangement B. Extended Fund Facility C. reserve tranche D. credit tranche