Which of the following statements is CORRECT?
A. A time line is not meaningful unless all cash flows occur annually.
B. Time lines are not useful for visualizing complex problems prior to doing actual calculations.
C. Time lines can be constructed to deal with situations where some of the cash flows occur annually but others occur quarterly.
D. Time lines can only be constructed for annuities where the payments occur at the end of the periods, i.e., for ordinary annuities.
E. Time lines cannot be constructed where some of the payments constitute an annuity but others are unequal and thus are not part of the annuity.
Answer: C
You might also like to view...
All of the following are primary events that typically lead to changes in book value of shareholders' equity except:
a. Investments by shareholders, usually net cash received by the company at equity issue date. b. Profitable operating and investing activities, with net income being a large component of this increase. c. Debtholders requiring firms to enter into debt covenants. d. Distributions to shareholders, usually in the form of periodic cash dividend payments to investors and sometimes in the form of share repurchases.
A company purchased $3300 worth of merchandise. Transportation costs were an additional $290. The company returned $230 worth of merchandise and then paid the invoice within the 3% cash discount period. The total cost of this merchandise is:
A. $3240.00. B. $3267.90. C. $3360.00. D. $3261.00. E. $3093.00.
Answer the following statements true (T) or false (F)
1. Unclear business goals, time pressure, and uncomfortable work environments are all factors correlated with workplace conflict. 2. Organizational conflict is NOT a natural part of the traditional organizational structure and should be eliminated immediately. 3. Decisions decrease in quality when conflicts are involved. 4. Increasingly, U.S. companies are creating programs for internal conflict resolution.
Matters related to foreign affairs are generally considered to be areas committed to the
agency's discretion. a. True b. False