Which of the following statements is CORRECT?
A. The IRR method can never be subject to the multiple IRR problem, while the MIRR method can be.
B. One reason some people prefer the MIRR to the regular IRR is that the MIRR is based on a generally more reasonable reinvestment rate assumption.
C. The higher the cost of capital, the shorter the discounted payback period.
D. The MIRR method assumes that cash flows are reinvested at the crossover rate.
E. The MIRR and NPV decision criteria can never conflict.
Answer: B
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Which of the following statements best represents the distinction between binding and nonbinding arbitration?
A. Unlike nonbinding arbitration, binding arbitration takes place at a court, in the presence of a judge. B. If the arbitration is nonbinding, the decision and award of the arbitrator can be appealed to the courts. C. A nonbinding arbitration takes place at a court, in the presence of the jury. D. A nonbinding arbitration implies that the arbitrator's decision must be reinforced by the courts.
Holley is starting a new business and is trying to forecast sales. She has owned two other businesses, one of which was in the same industry as this new venture. Discuss the implications for forecasting for the new business. What could she do to increase her forecasting success?
What will be an ideal response?
If a sole proprietorship business sustains a loss for the period, the closing entries will include a debit to the Capital account and a credit to the Income Summary account
Indicate whether the statement is true or false
What acquires raw materials and resources and distributes them to manufacturing as required?
A. Inbound logistics B. Cradle to grave C. Outbound logistics D. Logistics