Given the following data (Ignore income taxes.): Cost of equipment$48,680 Annual cash inflows $10,000 Internal rate of return 10%Refer to Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using the tables provided.The life of the equipment must be:
A. 6 years
B. 5 years
C. 7 years
D. It is impossible to determine from the data given
Answer: C
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Jenna was excited to purchase a Bluetooth wireless speaker. She brought her purchase home and is now using it for the first time. What acronym represents where Jenna is at in the purchase process?
A. FMOT B. FOMO C. YOLO D. ZMOT E. SMOT
Microsoft Inc.'s dividends are expected to grow at a rate of 1% per year in perpetuity
If the appropriate rate of return on such investments is 11% and the price of a Microsoft share is $20.20, then what is the consensus market estimate of the next dividend? (Assume that next dividend will be paid in one year.) A) $2.02 B) $2.22 C) $2.12 D) $2.17 E) $2.24
If a court determines that a manager's corporate decision amounted to self-dealing,? A)?the business judgement rule will not apply
B)?the transaction being challenged will be automatically voided. C)?the manager is automatically personally liable to the corporation. D)?the manager will automatically be fired.
Which of the following statements is CORRECT?
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