Which of the following can be used to make a comparison of projects with unequal lives?
A) Replacement Chain Method
B) Equivalent Annual Annuity Approach
C) Profitability Index
D) Both a & b
E) All of the above
D
Business
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The Tarrago Company issues $517,000 of 11%, 10-year bonds at 104 on March 31, 2017
The bond pays interest on March 31 and September 30. Assume that the company uses the straight-line method for amortization. Calculate the net balance that will be reported for the bonds on the September 30, 2017 balance sheet. A) $517,000 B) $537,680 C) $536,646 D) $538,714
Business
Which of the following is a trade block created between Canada, Mexico, and the United States?
A) NAFTA B) SCCM C) CIS D) APEC
Business