Habit can be best understood as:
a. a predisposed condition
b. a pattern of negative behaviors
c. a pattern of behavior carried out infrequently
d. a pattern of behavior carried out often and regularly
d. a pattern of behavior carried out often and regularly
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KAB Inc., a small retail store, had the following results for May. The budgets for June and July are also given. May(actual) June(budget) July(budget)Sales$42,000 $40,000 $45,000Less cost of goods sold 21,000 20,000 22,500Gross margin 21,000 20,000 22,500Less selling and administrative expenses 20,000 20,000 20,000Net operating income$ 1,000 $ 0 $ 2,500Sales are collected 80% in the month of the sale and the balance in the month following the sale. (There are no bad debts.) The goods that are sold are purchased in the month prior to sale. Suppliers of the goods are paid in the month following the sale. The "selling and administrative expenses" are paid in the month of the sale.The amount of cash collected during June should be:
A. $40,400 B. $40,000 C. $41,000 D. $32,000
Potential employers can perceive even slight exaggerations of your accomplishments as lies
Indicate whether the statement is true or false.
The internal rate of return is the discount rate that equates the present value of the project's free
cash flows with the project's initial cash outlay. Indicate whether the statement is true or false
Time value of money computations relate to the future value of lump-sum cash flows only
Indicate whether the statement is true or false.