Which of the following best describes the internal rate of return?
A) interest rate that makes the net present value of the investment equal to zero
B) discount rate that is used to evaluate funds borrowed from a lender for profitability
C) the ratio of average annual income to average amount invested
D) the rate at which the profitability of an investment increases
A
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It cost Acme Global $10,000 to hire five new Biofuels Processing Technicians. The cost per hire was ___________.
A. $10,000 B. $5,000 C. $2,000 D. $1,000 E. $2,500
The specialized part of corporate public relations that interacts with shareholders and the financial community is which of the following?
A. Accounting D. Public affairs B. Issues management E. Investor relations C. Advertising
The Prepaid Insurance account had a $1,450 balance at the end of January and a $1,000 balance at the end of February. Insurance expense for February was $600 . How much cash was paid for insurance during February?
a. $1,850 b. $150 c. $1,050 d. $600
A complainant can file his or her claim of discrimination with a state fair employment practices agency instead of the Equal Employment Opportunity Commission (EEOC)
Indicate whether the statement is true or false