Net present value will be greater

A) as a fixed set of cash receipts occurs later rather than earlier.
B) as the total of the cash receipts, made in same time periods, is smaller.
C) for one end-of-year receipt of $1200 than for twelve monthly receipts of $100 each.
D) for a 4% discount rate than for a 6% discount rate.
E) All of the above are true.

The accounts receivable turnover is computed by dividing

A) total sales by average net accounts receivable.
B) net credit sales by average net accounts receivable.
C) total sales by ending net accounts receivable.
D) net credit sales by ending net accounts receivable.

Which of the following is not one of the four major policy tools the Fed has for controlling the growth in the supply of money and credit?

A) Reserve requirements
B) Check clearing
C) The discount rate
D) Open market operations

The real interest rate measures the change in dollar amounts.

The short run is:

A) less than a year.
B) three years.
C) however long it takes to produce the planned output.
D) a time period in which at least one input is fixed.
E) a time period in which at least one set of outputs has been decided upon.

In a sole proprietorship, the proprietor bears the burden of any liabilities incurred by the business enterprise.