Rescission is the substitution of one party to a contract for a third party, who agrees to assume the contractual duties
Indicate whether the statement is true or false
F
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Orchid Incorporated recently recognized that some changes needed to be implemented. As a result, an entirely new training program has been developed and is ready for implementation. Continuing down the current path could be dangerous for the future of the company, but this drastic change will not be easy. The staff has had some trouble adjusting, but most agree that the industry has changed. The stage of change being undergone here is ______.
a. experimentation b. exploration c. acceptance d. commitment
What is the difference between the IRR and the MIRR?
What will be an ideal response?
Furis Corporation's cash and cash equivalents consist of cash and marketable securities. Last year the company's cash account decreased by $12,000 and its marketable securities account increased by $19,000. Net cash provided by (used in) operating activities was $18,000. Net cash provided by (used in) financing activities was $(12,000). Based on this information, the net cash provided by (used in) investing activities on the statement of cash flows was:
A. $(6,000) B. $1,000 C. $(12,000) D. $6,000
The holding-period return (HPR) for a stock is equal to
A. the real yield minus the inflation rate. B. the nominal yield minus the real yield. C. the capital gains yield minus the tax rate. D. the capital gains yield minus the dividend yield. E. the dividend yield plus the capital gains yield.