A dividend is declared by the

a. board of directors.
b. stockholders.
c. president of the corporation.
d. CFO of the corporation.


a

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Given the following data (Ignore income taxes.): Cost of equipment$48,680 Annual cash inflows $10,000 Internal rate of return 10%Refer to Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using the tables provided.The life of the equipment must be:

A. 6 years B. 5 years C. 7 years D. It is impossible to determine from the data given

Business

A professor decides to hold a three hour window open for student advising. The professor has 15 advisees. He's unsure if each advisee will show up, and its possible that a single advisee could show up multiple times during the 3 hour window

On average, the professor will spend 12 minutes with each student. He usually expects each student to arrive once during the 3 hour window. (a) What proportion of the time can the professor expect to be busy during the window? (b) What is the expected number of students in queue during the window? (c) What is the expected wait time in queue during the window?

Business

Before investing in a mutual fund the very least you should do is

A) read the prospectus. B) consult an attorney. C) open an account with a broker. D) consult a certified financial planner.

Business

A grocery store offering loyalty cards with discounts to its customers is an example of how transaction data can be used in a customer relationship management (CRM) system

Indicate whether the statement is true or false

Business