The present value of a future stream of cash flows is what that stream

A) was worth in yesterday's dollars.
B) is worth in today's dollars.
C) will be worth in future dollars.
D) might be worth in future dollars.

Taxpayers can file a Form 1040EZ if they file using which of the following:

A) Married filing separately.
B) Head of household.
C) Married filing jointly.
D) Qualifying widow(er) .

An increase in product price will cause:

A) quantity demanded to decrease.
B) quantity supplied to decrease.
C) quantity demanded to increase.
D) the supply curve to shift to the left.

International Pooch is headquartered in Canada, but is considering the construction of a plant in Japan. If they use the foreign currency approach to calculating the NPV, they will:
1) Discount yen cash flows at the required return on yen investments;
2) Compute the NPV in yen;
3) Convert the yen NPV to a dollar NPV.

In Scenario 16-2, the detailed breakdown of information explaining exactly how each chocolate will be produced and the steps to be taken at each point in production is called which of the following?

A) routing
B) sequencing
C) dispatching
D) forward scheduling

The existence of economic profits in a perfectly competitive industry

A) will signal resources to flow into that industry.
B) gives the investors in that industry a return on investment that just covers opportunity costs.
C) indicates an inelastic demand for the industry's products.
D) indicates that economic resources are being used efficiently in that industry.