A round lot is

The primary objective of the matching principle is to:

a. Provide timely information to external decision-makers b. Provide full disclosure c. Recognize expenses in the same period as the related revenue d. all of the above

The ________ is the discount rate that equates the present value of the cash inflows with the initial investment

A) payback period B) net present value C) cost of capital D) internal rate of return