Sunshine Inc. tightened its credit policy, resulting in a $10 change in net present value (NPV) on a daily basis. If Sunshine's expected return is 8%, then the change in the value of the firm is_____. (Note: Assume 360 days in a year)?
A. $20,000?
B. ?$5,000
C. ?$34,000
D. ?$45,000
E. ?$60,000
Answer: D
You might also like to view...
In regards to the accounts payable department, which statement is not true?
a. the purchase requisition shows that the transaction was authorized b. the purchase order proves that the purchase was required c. the receiving report provides evidence of the physical receipt of the goods d. the supplier's invoice indicates the financial value of the transaction
The bond indenture may provide that funds for the payment of bonds at maturity be accumulated over the life of the issue. The amounts set aside are kept separate from other assets in a special fund called a(n)
A) enterprise fund B) sinking fund C) special assessments fund D) general fund
Identify the verb in the sentence. Did the ship leave on time?
Because demand and supply characteristics change, the supply chain strategy must change over the product life cycle if a company is to continue achieving strategic fit
Indicate whether the statement is true or false.