The new CEO of a high-tech incubator company wants to entice venture capitalists by promising a growth rate of 40% per year for at least 3 years. Therefore, the company’s MARR was set at 40%. If this ROR was actually realized, but the CEO did not account for the observed 8% per year inflation rate, what was the real growth rate?
What will be an ideal response?
0.40 = i + 0.08 + (i)(0.08)
1.08i = 0.32
i = 0.296 (29.6% per year)
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PVC will begin to soften at _____.
a. 100°F (38°C) b. 125°F (52°C) c. 150°F (66°C) d. 212°F (100°C)
?Why are the GMA and FCA welding processes used?
A. ?They both use the same filler metal. B. ?They can rapidly produce high-quality welds. C. ?FCA welding is the preferred process because it is better and faster than GMA welding. D. ?Because once you are certified to make GMA welds, you are automatically certified to make FCA welds too.
Methanol is also called ________
A) Methyl alcohol B) Methyl hydrate C) Wood alcohol D) All of the above
Answer the following statements true (T) or false (F)
1. The U.S. is highly sensitive to increasing interest rates.
2. The U.S. farm sector is characterized by a large number of large, highly capitalized farming
operations.
3. A major change in farm program policy forthcoming in the 2014 farm bill involves greater
reliance on property insurance as a means of providing a safety net to farmers.
4. Given the graph below, the total demand curve suggests that an absence of export demand
would increase domestic consumer surplus.
5. Given the graph below, the gain in producer surplus as a result of the addition of export demand is equal to area 2 plus area 3 which are gained from domestic and international consumers.
