Answer: a. More of Project A's cash flows occur in the later years.
Explanation:
When a project has its cashflows occurring in later years, the NPV will be less because the discount rate would have a greater period to discount it in as opposed to cashflows that occur more recently which would receive less discounting from the discount rate.
As a result of Project A having more distant cashflows, the discount rate discounted its cash flows more which is why higher rates led to its NPV being zero because those higher rates got to discount it over a longer period.
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If the value of beach-front property in beach city decreases, initially the people of beach city will likely spend less, causing incomes in beach city to decrease.
Property is anything to which a person or entity has a legal right. A property can be an Understanding Land tangible item, such as a house, car, or appliance, or an intangible item that promises future value, such as a stock or bond.
Property defines the theoretical and legal ownership of resources and how they are used. These resources are both tangible and intangible and can be owned by individuals, businesses, and governments.
Learn more about the property at
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Answer: Compliance programs are set up to ensure employees follow the laws and company rules and to make sure there is documentation showing what should be follow in case someone acts like they were unaware. By setting these programs in place, employees have no reason not to follow the directions as they are easily written in writing for them.