Fix-It-Quik, Inc, offers Denise a job as a plumber. No time for acceptance is specified in the offer. The offer will terminate
A) after a reasonable period
B) after a work week (five business days).
C) after a month (thirty calendar days).
D) never.
A
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Suppose the United States imposes trade sanctions (export quotas) on grain sold to the Russians. Assuming other nations do NOT increase grain exports to the Russians, all of the following would occur EXCEPT
a. grain prices would rise in Russia. b. consumer surplus would decrease for the Russians. c. grain prices would rise in the United States. d. export revenues would decrease for U.S. producers.
The deregulation of industries has actually lessened the demand for services marketing skills.
Answer the following statement true (T) or false (F)
Which of the following is NOT a part of the project management process?
A) Planning B) Initiating C) Executing D) Adjoining
You are evaluating a project for your company. You estimate the sales price to be $10 per unit and sales volume to be 3,000 units in year 1; 10,000 units in year 2; and 1,000 units in year 3. The project has a three-year life. Variable costs amount to $3 per unit and fixed costs are $25,000 per year. The project requires an initial investment of $50,000 in assets that will be depreciated straight-line to zero over the three-year project life. The actual market value of these assets at the end of year 3 is expected to be $10,000. NWC requirements at the beginning of each year will be approximately 25 percent of the projected sales during the coming year. The tax rate is 21 percent and the required return on the project is 15 percent. What is the operating cash flow for the project in year
2? A. $40,317 B. $18,700 C. $18,867 D. $39,050