Ford Motor Company is considering a cash investment in a joint venture with Hyundai in South Korea
Ford considers the number of years it will take the firm to recover the original cash investment from the project's earnings, which is called the ________.
A) internal rate of return
B) net present value
C) payback period
D) return on equity
C
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The credit terms offered to a customer by a business firm are 2/10, n/30, which means that
A. the customer must pay the bill within 10 days B. the customer can deduct a 2% discount if the bill is paid between the 10th and the 30th day from the invoice date C. the customer can deduct a 2% discount if the bill is paid within 10 days of the invoice date D. two sales returns can be made within 10 days of the invoice date and no returns thereafter
Small claims court is used to take legal action by a few individuals on behalf of all who have suffered the same alleged injustice.
a. true b. false