If different raters make different kinds of _____ errors, scores by these raters cannot be compared.

In a sole proprietorship, the owner is personally liable for the debts of the business

Indicate whether the statement is true or false

Advantage Milling Devices is preparing to buy a new machine for precision milling of special metal alloys. This device can earn $300 per hour, and can run 3,000 hours per year. The machine is expected to be this productive for four years

If the interest rate is 6%, what is the net present value of the annual cash flows? What is the net present value if the interest rate is not 6%, but 9%? Why does present value fall when interest rates rise?