Like the Sherman Act, Section 3 of the Clayton Act applies only to practices involving commodities, not to those that involve services, intangibles, or land

Which of the following is NOT a reason sales training programs fail?

A. Too much emphasis on the currant fad B. Use of "off the shelf" programs C. Training managers first D. Excessive time demands on the salespeople to practice the skill E. Lack of reinforcement of the training

The cash flows for two projects, A and B, are shown in the table, below. Notice that Project A has a life of 5 years and Project B has a 3 year life

Calculate the NPV of each project and calculate which should be adopted using the equivalent annual annuity approach. Assume that the cost of capital is 10%. Project CFs Project CFs Time A B 0 -100 -150 1 20 75 2 25 60 3 30 50 4 30 5 40 NPV 6.7097 5.3343 A) Project A is better. B) Project B is better. C) The two projects are the same.