The expected average rate of return for a proposed investment of $4,800,000 in a fixed asset, using straight line depreciation, with a useful life of 20 years, no residual value, and an expected total net income of $12,000,000 is:

A) 25%
B) 18%
C) 40%
D) 12.5%


A

Business

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If a project is expected to be completed in 68 days with a project variance of 21 days, what is the probability that the project will be completed within 70 days?

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Croggins Cane Company has a beginning balance in its inventory account of $15,000 and the ending balance is $10,000. Cost of goods sold is $80,000. According to the cost of goods sold model, what was the amount of inventory purchased during the year?

A) $55,000 B) $75,000 C) $70,000 D) $65,000

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Which of the following is an example of a behavioral interview question?

A) Who in your life has most inspired you and why? B) An irate customer is demanding her money back. How would you handle the situation? C) Tell me about a time when you solved a difficult problem. D) What is your greatest strength?

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