The most efficient guestroom floor configuration in terms of saleable gross floor area is:

The hurdle rate should be set so that it reflects the proper risk level for the project. If we have to choose between two projects with similar risk and therefore similar hurdle rates, we would select the project that ________

A) has a higher internal rate of return B) has a lower internal rate of return C) has a hurdle rate that is consistent with the payback period method D) has a hurdle rate that is consistent with the discounted payback period model

Which of the following creates a secured short-term loan with accounts receivable?

A) lines of credit B) commercial paper C) pledge of accounts receivable D) factoring of accounts receivable