If a firm generates a rate of return on __________________________________________________ equal to the discount rate used by the investor then it does not matter if an analyst uses cash flows to the investor or cash flows to the firm
Fill in the blank(s) with correct word
reinvested free cash flow
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Which of the following is NOT an inventory costing method?
A) specific identification B) lower of cost or market C) last-in, first-out D) first-in, first-out
Maintaining consistent high product quality
a. is both required for and a by-product of the just-in-time environment. b. is difficult to obtain in a just-in-time environment because of the severe time constraints imposed by the just-in-time environment. c. requires quality control inspectors at each step of the production process. d. is too expensive to obtain in a just-in-time environment.
A major advantage of dealer brands is that the intermediary usually earns a better margin than the intermediary would earn with manufacturer brands.
Answer the following statement true (T) or false (F)
Which of the following statements about methods for estimating loss reserves for property and casualty insurers is (are) true?
I. The judgment method involves the use of a statutory formula to estimate the loss reserve. II. The average value method is used when the number of claims is large and the claims are settled quickly. A) I only B) II only C) both I and II D) neither I nor II