If the discount (or interest) rate is positive, the present value of an expected series of payments will always exceed the future value of the same series.

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


False

Business

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What is the price earnings ratio for Diane Company?

a. 8.0 times b. 2.5 times c. 4.0 times d. 6.0 times

Business

In 2016, Go Oil Company incurred costs of $8 million drilling oil wells. Thirty percent of the drilling resulted in oil being found. The rest of the drilling was unsuccessful. If Go uses the successful-efforts method of accounting, the oil and gas properties will be valued on the December 31, 2016 balance sheet at

A) $8,000,000. B) $4,900,000. C) $4,200,000. D) $2,400,000.

Business

An effective customer refusal uses third-person pronouns and passive voice to avoid directly accusing the reader of misusing the product

Indicate whether the statement is true or false

Business

Vision is an important element of entrepreneurial leadership because

A. the entrepreneur has to envision realities that do not yet exist. B. organizations cannot function without a detailed and operational vision. C. a vision statement is part of the documentation used to obtain venture financing. D. banking institutions require it.

Business