You are trying to decide between three mutually exclusive investment opportunities. The most appropriate tool for identifying the correct decision is ________

A) net present value (NPV)
B) profitability index
C) internal rate of return (IRR)
D) incremental internal rate of return (IRR)


Answer: A

Business

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Cloud Solutions had the following accounts and balances as of December 31:AccountDebit CreditCash$20,000    Accounts Receivable 2,000    Salaries Expense 500    Accounts Payable   $4,000 Lodging Revenue    7,000 Utilities Expense 500    Prepaid Insurance 1,400    Supplies 1,500    Common Stock    14,900 Totals$25,900 $25,900 Using the information in the table, calculate the total assets reported on the balance sheet for the period.

A. $25,900. B. $23,400. C. $22,500. D. $25,400. E. $24,900.

Business

The budgetary unit of an organization which is led by a manager who has both the authority over and responsibility for the unit's performance is known as a:

A) control center B) budgetary area C) responsibility center D) managerial department

Business

________ cover was damaged, making the book less valuable to collectors

a. Its b. It's

Business

Plato believed one cannot make ethical decisions without first developing virtue

Indicate whether the statement is true or false

Business