Answer:
$1.78 million
Explanation:
Firm’s projected free cash flow for the year 20X1:
= cash flow from operating activities - capital investment - Common stock dividend - preferred stock dividend
= $12 million - $9.5 million - $0.40 million - $0.32 million
= $1.78 million
Therefore, the firm’s projected free cash flow for the year 20X1 is $1.78 million.
Answer:
Option C. The highest NPV is always the best option.
Explanation:
The reason is that IRR assumes that the reinvestment rate is also at IRR which is not a realistic assumption. The Net Present Value resolves this as it assumes that the reinvestment rate is cost of capital and hence is more better than IRR to appraise the project.
The decision rule in the Net present value method is that the project which has higher positive Net present value is regarded as best project among two mutually exclusive projects.
Answer:
job requirements or qualifications
Explanation:
Job requirements or qualifications refers to the set of skills, abilities, work experience, educational background, hobbies, etc., that the company considers are necessary for a candidate to possess in order for him/her to successfully perform the tasks related to the job opening.
In this case, Patagonia uses personal hobbies and lifestyle as part of their requirements for applying for a job, other companies might focus more on leadership skills, education, experience, but it depends on the type of product or service that the company sells.
Answer: Statement that “There is no need to evaluate mutual fund investments because investment companies hire the best professional managers they can to manage their funds “ is FALSE
A mutual fund is a pool of stocks, bonds or other funds where an investor purchase his shares. He gets one to meet his investment goals so evaluating a mutual fund's performance is needed and must involve thorough research to lessen risk.
Professional fund managers do make mistakes, so it is a must that investors continually evaluate their mutual fund investments.
