If a firm imposes a capital constraint on investment projects, the appropriate decision criterion is to
select the set of projects that has the highest positive net present value subject to the capital
constraint.
Indicate whether the statement is true or false
TRUE
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Use the information presented below for Chambersburg Corp for 2017 and 2016 to answer the questions that follow. Chambersburg uses the straight-line depreciation method. 2017 2016 Property, plant, and equipment $ 250,000 $190,000 Accumulated depreciation 100,000 85,000 Depreciation expense 62,500 47,500 Net sales 1,000,000 900,000 Average Total assets 625,000 475,000 Refer to the information for
Chambersburg Corp Using the 2017 data, what is the average age of Chambersburg's property, plant, and equipment? a. 1.60 years b. 2.50 years c. 4.00 years d. 10.00 years
Sales revenues, net profits, return on sales, assets as a percentage of sales, and return on assets are measures of internal financial performance that provide a market-based view of performance
Indicate whether the statement is true or false
At the end of the accounting period, a physical inventory usually is not needed if a perpetual inventory system has been used
Indicate whether the statement is true or false
Why did press secretary Jerald ter Horst resign from his post with President Gerald Ford?
A) He did not believe that President Ford should have pardoned Richard Nixon. B) He was suffering from serious health problems. C) He could not stand with President Ford during impeachment hearings. D) He accepted a position with a high-profile lobbying firm.