If the internal rate of return of two mutually exclusive investments is less than the firm's cost of capital, the firm should make
A. both investments.
B. neither investment.
C. the investment with the higher internal rate of return.
D. the investment with the lower net present value.
Answer: B
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Ari's Cafe began operations on March 1, 2016 . The corporate charter authorized the issuance of 3,000 shares of $2 par value common stock and 1,000 shares of $3 par value, 8% cumulative preferred stock. The company's fiscal year ends on February 28 . Ari's sold 500 shares of common stock at $6 per share on April 1 . What impact does the entry to record the April 1 transaction have on total
stockholders' equity? a. No effect b. Increase by $1,000 c. Increase by $3,000 d. Increase by $6,000
A corporation has 50,000 shares of $25 par value stock outstanding that has a current market value of $120. If the corporation issues a 5-for-1 stock split, the par value of the stock will be:
A) $5 B) $60 C) unchanged D) $24
A member's distributional interest in an LLC (limited liability company) is ________ and may be transferred in whole or in part
A) a vote B) a proxy C) personal property D) an authority in management
Charismatic leadership is distinguished from other forms of leadership
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