If the calculated NPV is negative, then which of the following must be true? The discount rate used is
a. Equal to the internal rate of return.
b. Too high.
c. Greater than the internal rate of return.
d. Too low.
e. Less than the internal rate of return.
c
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If financial leverage is used, a rise in EBIT will cause a lessor rise in net income
Indicate whether the statement is true or false
Which of the following correctly describes the accounting for advertising costs?
A) Advertising costs are product costs and are expensed as incurred. B) Advertising costs are period costs and are expensed as incurred. C) Advertising costs are product costs and are expensed when the manufactured product is sold. D) Advertising costs are period costs and are expensed when the manufactured product is sold.
The return on net worth ratio is based on a retailer's _____
a. net profit, fixed assets, and fixed liabilities b. net profit, current assets, and current liabilities c. net profit, net sales, total assets, and net worth d. net profit, total assets, net sales, and net liabilities
When talking from a sitting position, speakers should:
A. lean back in their chairs. B. toy with an object such as a paper clip. C. rest their arms and hands on their laps. D. rest their elbows on the desk in front of them.