Which of the following statements does not apply to a written contract governed by Article 2 of the UCC
a. the contract must involve the sale of goods of $5,000 or more.
b. the contract may involve the sale of personal property.
c. the requirements of the contract must be carried out by both parties in good faith.
d. the obligations of a merchant may be different from those of a non-merchant.
A
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Which of the following presents a statement of fact?
A) The bank will pay a higher interest rate next year. B) The banker likes to sleep in. C) The bank invests its assets wisely. D) The bank opened at 9:00 a.m. on Tuesday.
Transfer pricing may be used to
A. fund exports only. B. support debt equity. C. decrease IC taxes. D. move goods within a region.
An organization can be classified as
A) a functional structure. B) a departmental structure. C) a matrix structure. D) all of the above.
Carlyle Inc. is considering two mutually exclusive projects. Both require an initial investment of $14,200 at t = 0. Project S has an expected life of 2 years with after-tax cash inflows of $7,400 and $13,600 at the end of Years 1 and 2, respectively. In addition, Project S can be repeated at the end of Year 2 with no changes in its cash flows. Project L has an expected life of 4 years with after-tax cash inflows of $6,000 at the end of each of the next 4 years. Each project has a WACC of 9%. What is the equivalent annual annuity of the most profitable project? Do not round your intermediate calculations.
A. $2,294.25 B. $2,156.59 C. $1,358.20 D. $2,454.85 E. $1,616.90