According to the internal rate of return method, a firm should accept a project if the ________
A) internal rate of return is less than the cost of capital
B) internal rate of return exceeds the cost of capital
C) cost of capital exceeds the internal rate of return
D) internal rate of return exceeds the firm's cost of debt
E) internal rate of return exceeds the firm's cost of equity
B
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Rose, a new employee, learns her company provides a group insurance plan that she can enroll in. Her friend, Gary, suggests that Rose would save money if she chooses to purchase an individual insurance plan over the company's group insurance plan. Which statement weakens Gary's argument?
A. Employees get more for their money when they receive insurance as a group benefit. B. Rose will get more take-home pay if she opts for a group insurance plan. C. Rose will not be eligible for other benefits if she does not enroll in a group insurance plan. D. Individual plans are typically offered only to senior executives. E. Rates for group insurance are typically lower than those of individual policies.
On the income statement in the single-step form, the total of all expenses is deducted from the total of all revenues
Indicate whether the statement is true or false
Discriminatory contracts are invalid.
Answer the following statement true (T) or false (F)
An agent is necessarily liable if the principal is undisclosed
Indicate whether the statement is true or false