Which of the following is an example of Web-browsing software?
A) Microsoft Internet Explorer
B) Adobe Acrobat Reader
C) Outlook Express
D) BitTorrent
A
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Generro Company is considering the purchase of equipment that would cost $36,000 and offer annual cash inflows of $10,500 over its useful life of 5 years. Assuming a desired rate of return of 12%, is the project acceptable? (PV of $1 and PVA of $1) (Use appropriate factor(s) from the tables provided.)
A. Yes, since the positive net present value indicates the investment will earn a rate of return greater than 12%. B. No, since the negative net present value indicates the investment will yield a rate of return below the desired rate of return. C. Yes, since the investment will generate $52,500 in future cash flows, which is greater than the purchase cost of $36,000. D. The answer cannot be determined.
In some situations, it is appropriate to lie to customers
Indicate whether the statement is true or false
Derrick buys a hunting license and goes hunting. He shoots a deer, cleans it, and takes it back to his truck. He takes the deer to town and has the meat processed. Derrick's acquisition of the deer is by? A) possession
B) a bailment. C) gift. D) production.
Factoring accounts receivable is relatively an expensive source of secured short-term funds that allows firms to turn accounts receivable immediately into cash
Indicate whether the statement is true or false