Steve Case, founder of America Online, shows the high self-confidence typical of charismatic leaders.
a. true
b. false
a. true
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How have large retailers such as Walmart changed the dynamics of partnering with resellers?
What will be an ideal response?
Organizations will not invest in making a product or providing a service unless it will provide a minimum return
Indicate whether the statement is true or false
Poulsen Industries is analyzing an average-risk project, and the following data have been developed. Unit sales will be constant, but the sales price should increase with inflation. Fixed costs will also be constant, but variable costs should rise with inflation. The project should last for 3 years, it will be depreciated on a straight-line basis, and there will be no salvage value. No change in net operating working capital would be required. This is just one of many projects for the firm, so any losses on this project can be used to offset gains on other firm projects. The marketing manager does not think it is necessary to adjust for inflation since both the sales price and the variable costs will rise at the same rate, but the CFO thinks an inflation adjustment is required. What is
the difference in the expected NPV if the inflation adjustment is made versus if it is not made? Do not round the intermediate calculations and round the final answer to the nearest whole number. WACC10.0% Net investment cost (depreciable basis)$201,400 Units sold48,200 Average price per unit, Year 1$28.50 Fixed op. cost excl. depr. (constant)$153,000 Variable op. cost/unit, Year 1$20.40 Annual depreciation rate33.333% Expected inflation4.00% Tax rate40.0% ? A. $461,378 B. $433,696 C. $456,765 D. $410,627 E. $373,717
General obligation bonds have specific assets pledged as security or specific sources of revenue allocated for their repayment
Indicate whether the statement is true or false