Answer:
Explanation:
manager
'Sell' the decision to operating managers; get their understanding and cooperation.
Yes but you would need to pay that money back
Answer:
The most reliable capital budgeting technique that should be used when comparing mutually exclusive alternative investments is net present value.
The correct answer is C
Explanation:
Net present value is the difference between present value of inflow and present value of outflow. NPV is superior to other investment appraisal techniques because of its value additivity. Whenever conflict arises between net present value and internal rate of return, the conflict is resolved in the favour of net present value.
B. to improve control of monetary policy and to increase the information available to investors
C. To ensure that financial intermediaries do not earn more than the normal rate of return and to improve control of monetary policy
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Answer:
D. Cathy should specialize in pies, and Lewis should specialize in cakes
Explanation:
For determining which statement is correct first we need to find out the
Cathy Opportunity cost for making a pie is
= 1 ÷ 1.5
= 0.66 cake
Now for making a cake is
= 1.5 ÷ 1
= 1.5 pies
Lewis opportunity cost for making a pie is
= 1.5 ÷ 2
= 0.75 cake
And for making a cake is
= 2 ÷ 1.5
= 1.33 pies
Therefore the option D is correct