The crossover rate is the discount rate where both projects have the same ________
A) IRR
B) PI
C) NPV
D) length to completion
Answer: C
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The principal financial statements of a proprietorship are the income statement, statement of owner's equity, and the balance sheet
Indicate whether the statement is true or false
360 degree feedback typically includes assessment of the leader from all except:
a. self b. followers c. peers d. family members
Bloom and Plant organize a partnership on January 1. Bloom's initial investment consists of $800 cash, $1,700 equipment and a $500 note payable reflecting a bank loan for the new business. Plant's initial investment is cash of $2,000. These amounts are the values agreed on by both partners. The journal entry to record Plant's investment is:
A) Debit Cash $1,500; debit Note Payable $500; credit Plant, Capital $2,000. B) Debit Cash $2,000; credit Note Payable $500, credit Plant, Capital $1,500. C) Debit Bloom, Capital $2,000; credit Cash $2,000. D) Debit Cash $2,500; credit Note Payable $500; credit Plant, Capital $2,500. E) Debit Cash $2,000; credit Plant, Capital $2,000.
Savings in travel time and costs are advantages of remote conferences
Indicate whether the statement is true or false