The number of combinations of size k from a particular set is ________ the number of permutations of size k
a. equal to
b. the same as
c. smaller than
d. larger than
c
You might also like to view...
Because they believe conflict should be avoided in favor of harmony, those with accommodative styles are generally which of the following?
A. effective B. assertive C. cooperative D. argumentative
Operating leverage refers to the existence of fixed operating costs
Indicate whether the statement is true or false
On July 1, Shady Creek Resort borrowed $250,000 cash by signing a 10-year, 8% installment note requiring equal payments each June 30 of $37,258. What amount of interest expense will be included in the first annual payment?
A. $17,258 B. $37,258 C. $25,000 D. $20,000 E. $232,742
Puckett Inc. risk-adjusts its WACC to account for project risk. It uses a risk-adjusted project cost of capital of 8% for below-average risk projects, 10% for average-risk projects, and 12% for above-average risk projects. Which of the following independent projects should Puckett accept, assuming that the company uses the NPV method when choosing projects?
A. Project B, which has below-average risk and an IRR = 8.5%. B. Project C, which has above-average risk and an IRR = 11%. C. Without information about the projects' NPVs we cannot determine which project(s) should be accepted. D. All of these projects should be accepted. E. Project A, which has average risk and an IRR = 9%.