Comparing net present value and internal rate of return analysis:
A) always result in the same ranking of projects.
B) always result in the same accept/reject decision.
C) may give different accept/reject decisions.
D) is only necessary on mutually exclusive projects.
B
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Days' inventory on hand equals 365 divided by
a. inventory turnover. b. cost of goods sold. c. goods available for sale. d. average inventory.
On July 9, Mifflin Company receives an $8,500, 90-day, 8% note from customer Payton Summers as payment on account. Compute the amount due at maturity for the note and interest. (Use 360 days a year.)
A. $8,670 B. $8,628 C. $8,192 D. $8,500 E. $8,613
Supplemental disclosures required only when the statement of cash flows is prepared using the indirect method include
a. a schedule reconciling net income with net cash provided by (used in) operating activities. b. amounts paid for interest and taxes. c. amounts deducted for depreciation and amortization. d. significant noncash investing and financing activities.
Differences in attitudes, values, beliefs, and personality are all examples of
a. Surface-level diversity b. Bottom-level diversity c. Deep-level diversity d. Top-level diversity