When computing an investment's internal rate of return using a financial calculator or spreadsheet such as Excel, which of the following should be entered as a negative number?

A) the number of time periods
B) dividend or interest payments
C) the price at which the investment is sold
D) the initial cost of the investment

Answer: D

Business

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A company that uses the perpetual inventory system purchased inventory for $900,000 on account with terms of 4/7, n/20. Which of the following correctly records the payment made 15 days after the date of invoice?

A) Cash 900,000 Accounts Payable 900,000 B) Accounts Payable 900,000 Merchandise Inventory 900,000 C) Accounts Payable 900,000 Cash 900,000 D) Accounts Payable 900,000 Merchandise Inventory 36,000 Cash 864,000

Business

Why is the variance of a portfolio of internationally diversified stocks likely to be lower than the variance of a portfolio of U.S. stocks?

What will be an ideal response?

Business