What is the IRR of a project that costs $100,000 and provides cash inflows of $17,000 annually for six years?
A) 56.87 percent
B) 0.57 percent
C) 2.00 percent
D) 5.69 percent
Answer: B) 0.57 percent
Business
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Paolo dos Santos, a sales manager for Paronille Corporation, provides all of his salespeople with scheduled performance appraisals. This behavior indicates that he is attempting to incorporate the dimension of:
A) feedback B) structure C) empowerment D) consideration E) responsibility
Business
Explain the concept of joint venture as a business arrangement in brief
What will be an ideal response?
Business