Explanation:
1a : the set of articles or physical resources serving to equip a person or thing: such as. (1) : the implements used in an operation or activity : apparatus sports equipment. (2) : all the fixed assets other than land and buildings of a business enterprise. (3) : the rolling stock of a railway.
Answer: D. If the NPV of a project is zero, then the IRR of the project will be equal to the discount rate for the project.
Explanation:
Net present value (NPV) refers to the difference that exist between the present value of the cash inflows and that of the cash outflows for a particular period of time.
The net present value is used in capital budgeting to determine if a projected investment or project will be profitable or not. For a project with normal cash flows, if the NPV of a project is zero, then the IRR of the project will be equal to the discount rate for the project.
Therefore, the correct option is D.
Answer:
D. Riley buys new windshield wipers for her car.
Explanation:
By definition unsought goods are those which are not purchased out of want or desire, but the purchases of which arise due to any of the following circumstances:
- danger - for example a fire extinguishers sought in the incident of a fire
- fear - for example the fear of crashing into another car (in this case)
- unexpected events - for example funeral services sought at the time of death
Answer:
True
Explanation:
The statement ' An investment has the option of daily compounding, monthly compounding, or annual compounding. The present value of this investment will be lowest when the investment is compounded daily ' is true.
Investment refers to the process of investing money to earn money.
Investment refers to purchasing goods that may not be used today but are consumed in the future to create wealth.
Answer:
b. Theory Y
Explanation:
In theory Y, the managers consider employees as ambitious, self-motivated and eager to accept greater responsibilities. They believe employees enjoy working and can exercise self-direction and self-control. In theory Y assumptions, employees are intelligent, creative and innovative and can contribute enormously towards solving the organization problems.
Kevin has adopted the theory Y management principles. He involves his juniors in the decision-making process, implying a participative management style. Kevin, as the supervisor, has demonstrated faith in the abilities of his subordinates. He has created an environment where workers have the freedom to use their talents to increase productivity in the company.
