The Finance Manager works with the Human Resources Manager to set credit policies for targeted customers

_____ is the cost of reaching one member of the target market.

Fill in the blank(s) with the appropriate word(s).

The Net Present Value (or NPV) criteria for capital budgeting decisions assumes that expected

future cash flows are reinvested at ________, and the Internal Rate of Return (or IRR) criteria assumes that expected future cash flows are reinvested at ________. A) the internal rate of return; the internal rate of return B) the internal rate of return; the firm's discount rate C) the firm's discount rate; the internal rate of return D) Neither criteria assumes reinvestment of future cash flows.