As a result of cutting out the middle man to reduce costs and prices, the number of channels through which consumer products can be sold has decreased in recent years.

Monthly cash receipts in the cash budget are typically made up of cash sales during the month and

collections from credit sales from prior months. Indicate whether the statement is true or false

The net present value (NPV) of project A is closest to ________

Consider the following two projects: Project Year 0 Cash Flow Year 1 Cash Flow Year 2 Cash Flow Year 3 Cash Flow Year 4 Cash Flow Discount Rate A -100 40 50 60 N/A 0.11 B -73 30 30 30 30 0.11 A) 20.5 B) 22.5 C) 25.6 D) 51.2