The management of Leitheiser Corporation is considering a project that would require an initial investment of $51,000. No other cash outflows would be required. The present value of the cash inflows would be $57,630. The profitability index of the project is closest to (Ignore income taxes.):
A. 1.13
B. 0.12
C. 0.87
D. 0.13
Answer: D
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The ______________________________ network is one of the earliest and most prominent methods for EFT in which the collector's bank account is credited and the payer's bank account is debited for the amount of a payment
Fill in the blank(s) with correct word
In creating lead schedules for an audit engagement, what financial information is needed to begin?
A. Adjusting entry information, such as deferrals and accruals and reclassification journal entries. B. Interim financial information, such as third quarter sales, net income, and inventory and receivables balances. C. Specialized journal information, such as the invoice and purchase order numbers of the last few sales and purchases of the year. D. General ledger information, such as account numbers, prior-year account balances, and current year unadjusted information.
Answer the following statements true (T) or false (F)
1. In a decentralized company, all the planning and controlling decisions are made by top management. 2. Centralized operations are better for small companies due to the smaller scope of their operations. 3. Centralized companies split their operations into segments and top management delegates decision making to the segment managers. 4. One of the advantages of decentralization is that it allows top management to concentrate on long-term strategic planning. 5. Decentralized companies often lead to diminished customer relations and slower customer response time.
Word-of-mouth and consumer-generated marketing
A) have blurred the line between advertising and public relations. B) are both paid forms of promotion. C) provide limited visibility for most organizations. D) work best using traditional broadcast outlets. E) are effective only in connection with major events, like the Super Bowl.