Answer the following statements true (T) or false (F)
Timeliness is an enhancing qualitative characteristic of information about economic phenomenon.
ANSWER: T
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A nonprofit organization depends on earned income as its only revenue source. According to Worth, this action is an example of a/an ______.
A. liability B. business risk C. spending limit D. equity concept
Use the information in Table 10.4. What is the minimum number of workers required if preference is given to the pair S-SU in case of a tie in the selection of off days?
A) fewer than eight workers B) eight workers C) nine workers D) greater than nine workers
The primary measure of monopoly power is a competitor's assessment of the acts of a firm under review
a. True b. False Indicate whether the statement is true or false
Highpoint, Inc., is considering investing in automated equipment with a ten-year useful life. Managers at Highpoint have estimated the cash flows associated with the tangible costs and benefits of automation, but have been unable to estimate the cash flows associated with the intangible benefits. Using the company's 12% required rate of return, the net present value of the cash flows associated with just the tangible costs and benefits is a negative $282,500. How large would the annual net cash inflows from the intangible benefits have to be to make this a financially acceptable investment? (Ignore income taxes.)Refer to Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using the tables provided.
A. $20,000 B. $50,000 C. $28,250 D. $35,000