National courts are obligated to follow EU law and decisions

Indicate whether the statement is true or false


True

Business

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Ipswich Corporation is considering an investment opportunity with the expected net cash inflows of $300,000 for four years

The residual value of the investment, at the end of four years, would be $70,000. The company uses a discount rate of 14%, and the initial investment is $290,000. Calculate the NPV of the investment. Present value of an ordinary annuity of $1: 12% 13% 14% 15% 1 0.893 0.885 0.877 0.87 2 1.69 1.668 1.647 1.626 3 2.402 2.361 2.322 2.283 4 3.037 2.974 2.914 2.855 5 3.605 3.517 3.433 3.352 Present value of $1: 12% 13% 14% 15% 1 0.893 0.885 0.877 0.87 2 0.797 0.783 0.769 0.756 3 0.712 0.693 0.675 0.658 4 0.636 0.613 0.592 0.572 5 0.567 0.543 0.519 0.497 What will be an ideal response

Business

The Colorado Jet Boat Company had a cash balance of $3 million at the beginning of 2010. During

2010, Sales were $8 million and expenses were $7 million. Therefore, A) the cash balance at the end of 2010 must be less than $11 million. B) the cash balance at the end of 2010 must be greater than $3 million. C) the cash balance at the end of 2010 is $4 million. D) the cash balance at the end of 2010 cannot be determined from the information given.

Business

Chaz works for Bridge Builders, Inc While working on a Bridge Builders project, Chaz is injured. Under state workers' compensation laws, Chaz will be compensated only if his injury was A) incidental

B) material. C) accidental. D) intentional.

Business

Article I, Section 1 of the U.S. Constitution:

a. provides that all power to make laws for state governments shall be held by state governors b. provides that all power to make laws for the federal government shall be held by the Supreme Court c. provides that all power to make laws for the federal government shall be held by the Vice President d. provides that all power to make laws for state governments shall be held by senators e. provides that all power to make laws for state governments shall be held by state governors

Business