Until the early 1970s environmental pollution was not subject to EPA regulation. Which entity was primarily responsible for pollution litigation?
a. the President
b. the Army Corps of Engineers c. the Federal Trade Commission d. the Congressional Committees e. none of the other choices
e
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Explain what community property is
What will be an ideal response?
James, the president of the trade union of his company, was removed from his post as the union members were discontented about the high-handedness he showed in leading the union. As president, James took important decisions without consulting anyone and acted on his whim. The information given in the scenario indicates that James is ideally a(n) _____.
A. free-rein leader B. laissez-faire leader C. autocratic leader D. bureaucratic leader
A type of mutual fund with particular appeal to investors who accept the efficient market hypothesis is
A) index fund. B) asset allocation fund. C) growth opportunities fund. D) emerging markets fund.
Lambert Manufacturing has $120,000 to invest in either Project A or Project B. The following data are available on these projects (Ignore income taxes.): Project AProject BCost of equipment needed now$120,000 $70,000 Working capital investment needed now - $50,000 Annual net operating cash inflows$50,000 $45,000 Salvage value of equipment in 6 years$15,000 - Refer to Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using the tables provided.Both projects have a useful life of 6 years. At the end of 6 years, the working capital investment will be released for use elsewhere. Lambert's discount rate is 14%.The net present value of Project B is closest to:
A. $127,805 B. $105,005 C. $77,805 D. $55,005