Ramon is enrolled in a formal degree program that is delivered entirely through the Internet. Which term best describes Ramon's degree program?

Refer to the table below, which shows the results of payback, net present value, and internal rate of return analysis of four projects. Which is preferred by the net present value criterion?

A) Project A
B) Project B
C) Project C
D) Project D

Under the perpetual inventory system which journal entry would indicate a purchase of merchandise?

A. Debit, Inventory and credit, Cash. B. Debit, Purchases and credit, Cash. C. Debit, Costs of Goods Sold and credit, Inventory. D. Debit, Inventory and credit, Cost of Goods Sold.