Langdon Company is considering purchasing a capital investment that is expected to provide annual cash inflows of $16,600 per year for 3 years. Assuming that Langdon's required rate of return is 9%, what is the present value of these cash inflows? Use Appendix Table 2. (Do not round intermediate calculations. Round your final answer to the nearest dollar.)
A. $45,688
B. $38,455
C. $41,916
D. $42,019
Answer: D
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What will be an ideal response?
Discount Mart Corporation contracts with companies in developing nations to produce goods, because the wage rates in those nations are significantly lower than those in the United States. Discount Mart takes steps to avoid bad publicity by monitoring its suppliers' workplaces to make sure that the employees are not mistreated. Discount Mart is
a. acting unethically in its pursuit of good publicity. b. acting unethically in its pursuit of profits. c. acting unethically by monitoring its suppliers. d. not acting unethically.
Contracting parties cannot opt out of the terms of the UETA.
Answer the following statement true (T) or false (F)