The following data pertain to an investment project (Ignore income taxes.): Investment required$34,055 Annual savings $5,000 Life of the project 15yearsSee separate Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using the tables provided.The internal rate of return is closest to:
A. 8%
B. 12%
C. 14%
D. 10%
Answer: B
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In terms of the global marketplace, there are three primary types of companies: international firms, multinational firms, and ________ firms.
A. ethnocentric B. transnational C. multidomestic D. meganational E. multiethnic
The following transactions and events occurred during the year. Assuming that this company uses the indirect method to report cash provided by operating activities, indicate where each item would appear on its statement of cash flows by placing an x in the appropriate column.Statement of Cash Flows (Indirect Method)?????Noncash?OperatingInvestingFinancing?Investing &?ActivitiesActivitiesActivities?FinancingPaid cash for operating expenses?????Issued common stock for land?????Accounts receivable decreased in the year?????Recorded depreciation expense?????Income taxes payable increased during the year?????Sold equipment for cash, yielding a gain?????Paid cash for interest expense?????Purchased land by
for cash?????Purchased long-term investment in bonds?????Paid cash for retirement of note payable????? What will be an ideal response?
Answer the following statement(s) true (T) or false (F)
1. If a merger has no clear business purpose other than to eliminate the minority shareholders, it may be found invalid. 2. The triangle merger involves a parent corporation, a subsidiary of the parent corporation, and a target corporation. 3. The terms merger and consolidation are interchangeable. 4. The Hart-Scott-Rodino Antitrust Improvements Act of 1976 gives the Federal Trade Commission the authority to review certain merger and acquisition transactions prior to their closing. 5. There is no difference in the end results between an asset acquisition and a statutory merger.
Harlan does payroll for a local deli. During tax season, he worked 11 hours of overtime. If Harland earns $12.90 an hour and is paid time and one-half for overtime, how much did he earn for those hours?