An acceptable project should have a net present value greater than or equal to zero and a
profitability index greater than or equal to one.
Indicate whether the statement is true or false
TRUE
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A group of workers who meet on a regular basis to discuss ways of improving the quality of work is referred to as a ________.
A. task force B. self-managed team C. quality control circle D. committee
On March 1, 2018, Mandy Services issued a 3% long-term notes payable for $15,000. It is payable over a 3-year term in $5000 principal installments on March 1 of each year, beginning March 1, 2019. Each yearly installment will include both principal repayment of $5000 and interest payment for the preceding one-year period. What is the amount of total cash payment that Mandy will make on March 1, 2019?
A) $5000 B) $5450 C) $15,000 D) $5225
Credit terms of 2/10, n/30 imply that the seller offers the purchaser a 2% cash discount if the amount is paid within 10 days of the invoice date. Otherwise, the full amount is due in 30 days.
Answer the following statement true (T) or false (F)
Orlando is a limited partner in Port of Call Exports, a limited partnership. By participating in the firm's management, Orlando is liable for its obligations A) in proportion to the number of partners in the firm
B) to no extent. C) to the extent of his capital contribution to the firm. D) to the full extent.