A project requires an initial outlay of $100,000, and is expected to generate annual net cash inflows of $28,000 for the next 5 years. Determine the payback period for the project.
A) 0.28 years B) 1.4 years C) 3.57 years D) 17.86 years
It is important for any firm to determine its appropriate target cash balance:
A) In order to maximize its purchases of marketable securities. B) Because there is a trade-off between the benefit and cost of liquidity. C) Since most firms follow flexible policies of working capital management. D) Because of the float the firm gains when it writes cheques. E) Because of the fluctuation in interest rates on marketable securities.
A) promotional effectiveness against ethical advertising standards. B) the problem of price maximization against cost-efficiency. C) perceived customer benefits against the costs of their offerings. D) the desire to achieve against the need for a stable source of supply. E) the goal of efficiency against the price charged by competitors.
(Figure: Shifts in Demand and Supply IV) Use Figure: Shifts in Demand and Supply IV.The figure shows how supply and demand might shift in response to specific events.Suppose half of the people in San Diego move to Colorado Springs.Which panel BEST describes how this will affect the market for houses in Colorado Springs?