Absolute
Explanation:
Pure risk is call absolute risk because it is a category that is beyond human control.
Answer:
b. environmental issues
c. global economy
Explanation:
Changes in the environment, such as pollution and global warming, affect operations and profitabiity.
The global economic crisis slows down organizational performance.
Answer:
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Explanation:
Retail businesses can include grocery, drug, department and convenient stores. Service related businesses such as beauty salons and rental places are also considered retail businesses.
Answer: <em>No, since the value of the cash flows over the first two years are less than the initial investment</em>
Explanation:
value of cash flows for the first two years = $48,000 (24,000x2)
Initial Investment = $50000
Because the additional $48,000 profit during the two year payback is not grater than the $50,000 purchase, they should not put the large neon sign up.
The first test case should fail. When all the test results are completed, you will save the test case results