On a purely theoretical basis, IRR is the better approach to capital budgeting than NPV because IRR implicitly assumes that any intermediate cash inflows generated by an investment are reinvested at the firm's cost of capital

In order to be enforceable, a contract for the sale of real estate must:

A: Be in writing; B: Include an arbitration clause; C: State how the buyers are to take title; D: All of the above.

Revenue enhancement synergies are also sometimes referred to as ________

A) soft synergies B) economic synergies C) hard synergies D) engineering synergies