Sequential product development has the advantage of not only being a team-oriented approach, but also of being faster in bringing products to market

Margaret, a salesperson, earned a commission on the sale of one of her listings. At the closing, the seller refused to pay the commission. What remedy is available to Margaret?

a. she can hold up the closing of escrow b. she can file a complaint with the Real Estate Commissioner c. she can file a lis pendens on the property d. she can sue the seller in civil court

Project LMK requires an initial outlay of $400,000 and has a profitability index of 1.5. The project is

expected to generate equal annual cash flows over the next twelve years. The required return for this project is 20%. What is project LMK's net present value? A) $150,000 B) $600,000 C) $80,000 D) $120,000