Chester Manufacturing is considering a project that will require an initial investment of $50,000 and is expected to generate future cash flows of $20,000 for years 1 through 3 and $10,000 for years 4 through 7. The project's payback period is:
A) 2.5 years.
B) 7 years.
C) 1.67 years.
D) 3.33 years.
A
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In response to increasing worldwide concerns about obesity, diabetes, and other food-related health issues, some of the world's largest food companies are developing new products
Nestlé and Groupe Danone SA have developed several health-foods which include all of the following except: A) Souvenaid. B) Activa. C) NutriChoice. D) Nutraceuticals. E) Medical Foods.
For a normal distribution, a positive value of z indicates that
A. all the observations must have had positive values. B. the area corresponding to the z is either positive or negative. C. the sample mean is smaller than the population mean. D. the sample mean is larger than the population mean.
Responsibilities of a corporation's boards of directors include all but which of the following?
A) authorize or approve the payment of dividends B) authorize or approve the selection, supervision, and removal of officers C) authorize or approve the adoption, appeal, or amendment of the corporate bylaws D) authorize or approve day-to-day corporate management decisions
________ is the concept that two or more people, working together in a coordinated way, can accomplish more than the sum of their independent efforts.
A. Due diligence B. Equity investment C. Synergy D. Duality