The payback period of a project that costs $1,000 initially and promises after-tax cash inflows of $2,000 each year for the next three years is 0.5 years

Indicate whether the statement is true or false


TRUE

Business

You might also like to view...

A job-shop specialist ________

A) sells only in a certain locality, region, or area of the world B) customizes its products for individual customers C) operates at the low- or high-quality ends of the market D) offers one or more services not available from other firms E) specializes in serving only one channel of distribution

Business

What is the abridged American Marketing Association definition of marketing according to the textbook? How does this differ from your previous notion of marketing before beginning this course?

What will be an ideal response?

Business

Marsh, Inc. provides the following information:



Calculate the sales volume variance.
A) 30,500 F
B) 30,500 U
C) $76,000 U
D) $106,500 F

Business

Payment over a stop-payment order gives rise to liability:

a. when the drawee has received written notice of the stop-payment order four business days prior to the payment. b. when the drawee has been notified in writing within eight months regardless of whether the drawer suffered a loss. c. when the drawee has been notified of an elapse of the previous stop-payment order. d. when the drawee has been notified orally within fourteen days and the drawer suffers a loss by payment of the check.

Business