Discounted cash flow methods typically ________
A) use simple interest calculations
B) assume that cash flows will be reinvested when received
C) focus on the payback period
D) comply with the requirements of GAAP
B
Business
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In June, Leslie wins a cash prize of $2,000. She plans to use this money to pay her tuition bill in September. Leslie puts this money in a savings account because her main priority is _____.
(A) Receiving the maximum amount of interest possible. (B) Liquidity, since she'll need to use the money in a short time. (C) Making a safe long-term investment. (D) Taking a risk in hopes that she'll get a high return.
Business
Article 2 of the UCC defines a merchant as a person who deals in the goods of the kind involved in the transaction
Indicate whether the statement is true or false
Business