What can you comment about the shape of the net present value (NPV) profile of a multiple IRR project?
What will be an ideal response?
Answer: A multiple IRR project will have a net present value (NPV) profile that cuts the discount rate axis as many times as there are IRRs because the point of intersections of the discount rate axis by the net present value (NPV) profile curve are the IRRs of the project.
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On October 1, 2019, Fashion Jewelers accepted a 4-month, 12% note for $7500 in settlement of an overdue account receivable. The accounting period ends on December 31. Calculate the accrued interest on the note at December 31, 2019. (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.)
A) $225 B) $300 C) $900 D) $450
The series of activities that add value to a company's products or services is called a value chain.
Answer the following statement true (T) or false (F)
Danner Fashions sells a line of women's dresses. Danner's performance report for November is shown below: (CMA adapted)The company uses a flexible budget to analyze its performance and to measure the effect on operating income of the various factors affecting the difference between budgeted and actual operating income. What additional information is needed for Danner to calculate the dollar impact of a change in market share on operating income for November? (CMA adapted)
A. Danner's actual market share and the actual total market size. B. Danner's budgeted market share, the budgeted total market size, and average market selling price. C. Danner's budgeted market share and the actual total market size. D. Danner's budgeted market share and the budgeted total market size.
The desire to seek approval from others, conform to their wishes and expectations, and avoid conflict and confrontations is referred to as the need for:
A. affiliation B. power C. achievement D. safety E. existence