Typically, the closer you get to retirement, the smaller the proportion of your retirement funds that should be invested in common stocks
Indicate whether this statement is true or false.
Answer: TRUE
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Adding a refrigeration unit to a delivery truck that previously did not have this capability is an example of:
A. An expenditure that only benefits the current period. B. Repairs and maintenance. C. Additions. D. Improvements.
Bart wanted to know how often freshman boys at his school drank alcohol, but he couldn't survey every one of them. Bart decided that in order to give all freshman boys an equal chance of being selected to participate in his mini-study, he would visit the dorms at dinnertime and ask them to choose numbers out of a hat. The ones with the number 5 were given a quick three-question survey. Bart is demonstrating
A. equal opportunity sampling. B. simple random sampling. C. nonprobability sampling. D. snowball sampling. E. biased sampling.
The sales cycle for a merchandising company consists of:
A. Create Purchase Order > Receive Inventory > Enter Bill > Pay Bill B. Create Invoice > Receive Payment > Make Deposits C. Create Purchase Order > Receive Payment > Make Deposits D. Create Invoice > Receive Inventory > Pay Bill > Make Deposits
The cash flows for three projects are shown above. The cost of capital is 9.5%. If an investor decided to take projects with a payback period two years or less, which of these projects would he take?
Investment A: Year: 0 1 2 3 4 5 Cash flow: -$14,000 $6000 $6000 $6000 $6000 $6000 Investment B: Year: 0 1 2 3 4 5 Cash flow: -$15,000 $7000 $7000 $7000 $7000 $7000 Investment C: Year: 0 1 2 3 4 5 Cash flow: -$18,000 $12,000 $2000 $2000 $2000 $2000 A) Investment A B) Investment B C) Investment C D) none of these investments