All factors in a future value table must be greater than or equal to 1.000
Indicate whether the statement is true or false
T
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Sigma Inc. has 2,000 Type-A accounts, each requiring 35 calls per year, and 1,000 Type-B accounts, each requiring 15 calls per year. What is the sales force's workload?
A) 15,000 calls B) 35,000 calls C) 70,000 calls D) 85,000 calls E) 95,000 calls
A company is considering the purchase of a new piece of equipment for $90,000. Predicted annual cash inflows from this investment are $36,000 (year 1), $30,000 (year 2), $18,000 (year 3), $12,000 (year 4) and $6,000 (year 5). The payback period is:
A. 2.50 years. B. 3.00 years. C. 3.50 years. D. 4.50 years. E. 4.25 years.
Which of the following refers to a fairly homogeneous (similar) group of customers to whom a company wishes to appeal?
A. related market B. mix market C. typical market D. target market E. trial market
Fraudulent practices and other abuses of private pension funds led Congress to enact the ________
A) Federal Deposit Insurance Corporation Act B) Employee Retirement Income Security Act C) Federal Reserve Act D) Social Security Act