?A firm should not make an investment if 1. its net present value is positive 2. its net present value is negative 3. the internal rate of return exceeds the cost of capital 4. the internal rate of return is less than the cost of capital
A. 1 and 3
B. ?1 and 4
C. ?2 and 3
D. ?2 and 4
Answer: D
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The following data are taken from the cash-basis accounting records of Myerson Company for the year ended December 31, 2021:Selected Data as of December 31, 2021 Customers billed in 2021 for services provided$400,000Cash collections in 2021 for accounts billed in 202020,000Cash collections in 2021 for accounts billed in 2021300,000Cash paid for supplies purchased in 202112,000Supplies remaining at the end of 20212,000Cash paid for salaries in 202110,000Cash paid for annual rent on March 1, 202118,000Calculate the amount of revenues and expenses for 2021 under accrual-basis accounting.
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Production can utilize forecasts to make decisions concerning
A) scheduling. B) sales-force allocation. C) promotions. D) budgetary planning.
Under the UPA, if a partner makes a loan to the partnership, he will be in the same position as other creditors who are not partners in requesting repayment upon dissolution
Indicate whether the statement is true or false
Many symmetric block encryption algorithms including DES have a structure first described by _________ of IBM in 1973
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