A debt to equity ratio of 1.0 means that half of the company's assets are financed by creditors

Indicate whether the statement is true or false


True

Business

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Julie Collins recently invested in a project that promised an internal rate of return of 15 percent. If the project has an expected annual cash inflow of $12,000 for six years, with no salvage value, how much did Julie pay for the project? Present value tables or a financial calculator are required

a. $35,000 b. $45,414 c. $72,000 d. $31,708

Business

We can often summarize a group of observations with

a. facts. b. statistics. c. reasons. d. judgments.

Business

A better capitalized bank has more to lose when it fails and is less likely to take less risk

Indicate whether the statement is true or false

Business

All employers are covered under Title VII

Indicate whether the statement is true or false

Business