An advantage of a corporation is that it is subject to very few government regulations.

The reengineering of sales in the 1990s, especially the impact of sales force automation and the salesperson's educated use of technological tools in working with prospective customers in a highly efficient way is referred to as:

A) reverse engineering. B) virtual selling. C) direct marketing. D) mass marketing.

Assume that THSI's cost of capital for this project is 15%. The net present value (NPV) of this temporary housing project is closest to ________

Temporary Housing Services Incorporated (THSI) is considering a project that involves setting up a temporary housing facility in an area recently damaged by a hurricane. THSI will lease space in this facility to various agencies and groups providing relief services to the area. THSI estimates that this project will initially cost $5 million to set up and will generate $21 million in revenues during its first and only year in operation (paid in one year). Operating expenses are expected to total $8 million during this year and depreciation expense will be another $2 million. THSI will require no working capital for this investment. THSI's marginal tax rate is 35% A) $2,956,522 B) -$9.15 C) $5,913,044 D) -$2,956,522