________ is liability without fault.
A. Res ipsa loquitur
B. Negligence per se
C. Proximate cause
D. Strict liability
Answer: D
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Which of the following statements is CORRECT?
A. Time lines cannot be constructed where some of the payments constitute an annuity but others are unequal and thus are not part of the annuity. B. A time line is not meaningful unless all cash flows occur annually. C. Time lines are not useful for visualizing complex problems prior to doing actual calculations. D. Time lines can be constructed to deal with situations where some of the cash flows occur annually but others occur quarterly. E. Time lines can only be constructed for annuities where the payments occur at the end of the periods, i.e., for ordinary annuities.
In CPFR, it is assumed that performance will be measured ____________?
a. Infrequently b. Regularly c. Neither infrequently nor regularly d. Performance measurement is not typically part of CPFR
Lasik Vision Inc. recently analyzed the project whose cash flows are shown below. However, before Lasik decided to accept or reject the project, the Federal Reserve took actions that changed interest rates and therefore the firm's WACC. The Fed's action did not affect the forecasted cash flows. By how much did the change in the WACC affect the project's forecasted NPV? Note that a project's projected NPV can be negative, in which case it should be rejected. Old WACC: 8.00% New WACC: 9.75% Year 0 1 2 3 Cash flows -$1,000 $410 $410 $410
A. -$30.55 B. -$34.12 C. -$32.50 D. -$28.60 E. -$29.25
Rough Rider Disposal Inc. is having a stock split. The current price is $57 per share, and you own 500 shares. The split is a one-and-one-half-shares-for-one share split. What is the expected per share price after the split?
What is your wealth before and after the split? Based on empirical evidence, does the market value of outstanding shares (new price times new quantity) tend to increase or decrease on average when stocks split into a greater number (but lower priced) shares, as in this problem? What will be an ideal response?