Nominal data has all the properties of interval data with the added benefit of having a true zero point
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FALSE
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Which of the following characteristics is not common to both tangible and intangible assets?
A) held for use and not for investment B) Have an expected life of more than one year C) derive value from the ability to generate revenue D) may have value only to a particular company
All of the following involve a temporary difference for purposes of income tax allocation except
A) ?interest on municipal bonds. B) ?gross profit on installment sales for tax purposes. C) ?MACRS depreciation for tax purposes and straight-line for accounting purposes. D) ?product warranty expenses.
Cooper Automotive is considering expanding, but to do so, they need to invest in new systems expected to cost $1,000,000. They estimate the salvage value to be $0 at the end of 10 years, so depreciation will be $100,000 per year. They estimate that profits will increase by $250,000 per year. Coop's cost of capital is 10%.Required: Compute the payback period, the accounting rate of return, the net present value, and the internal rate of return. Advise Coop on whether he should invest. Would your advice change if the increase in profits is only $175,000 per year?
What will be an ideal response?
The multiple correlation coefficient, R, can also be viewed as the simple correlation coefficient, r, between Y and ?
Indicate whether the statement is true or false