A company reports in its financial statements that it uses the FIFO method of inventory costing. This is an example of the disclosure principle
Indicate whether the statement is true or false
TRUE
Business
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PariCorporation is planning a 20 year project with an initial investment of $10 million. The project will have $50,000 cash outflows per year in years 1-4; $300,000 cash inflows in years 5-15, and $15,000 cash inflows in years 16-20. Determine the projects rate of return.
A) -9.81% B) -5.51% C) -10.57% D) 10.92%
Business
How can a business become an "informer" when tweeting about the business?
A) Respond to customer tweets quickly B) Use hashtags to direct customers to other links C) Provide interesting and useful information about products and services D) Use RSS feeds E) Use metrics to track online conversations and respond to those conversations
Business