Answer the following statements true (T) or false (F)
1. The accept-reject approach involves the ranking of capital expenditure projects on the basis of some predetermined measure, such as the rate of return.
2. A conventional cash flow pattern is one in which an initial outflow is followed only by a series of inflows.
3. Large firms evaluate the merits of individual capital budgeting projects to ensure that the selected projects have the best chance of increasing the firm value
4. A nonconventional cash flow pattern is one in which an initial inflow is followed by a series of inflows and outflows.
5. In the case of annuity cash inflows, the payback period can be found by dividing the initial investment by the annual cash inflow.
1. FALSE
2. TRUE
3. TRUE
4. TRUE
5. TRUE
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A corporation issues for cash $8,000,000 of 8%, 25-year bonds, interest payable semiannually. The amount received for the bonds will be
A) present value of 50 semiannual interest payments of $320,000, plus present value of $8,000,000 to be repaid in 25 years B) present value of 25 annual interest payments of $640,000 C) present value of 25 annual interest payments of $640,000, plus present value of $8,000,000 to be repaid in 25 years D) present value of $8,000,000 to be repaid in 25 years, less present value of 50 semiannual interest payments of $320,000
A number of widely used reference styles are available for documenting the sources of information used in report writing. Identify two widely used reference styles and tell where one can obtain information on how to use them correctly
Under their police powers, states can regulate only public activities, such as political demonstrations
a. True b. False Indicate whether the statement is true or false
Which of the following is a role of the marketing plan?
A. convincing skeptical investors that your plan has merit B. identifying the target market for the organization C. detailing the advertising plan D. All of these.