For a project that has an initial cash outflow followed by cash inflows, the profitability index (PI) is equal to the present value of cash inflows divided by the cost of capital

Indicate whether the statement is true or false

FALSE

Business

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A broker and a seller signed a standard listing agreement. Which of the following would NOT be among the acts that the broker was appointed to perform under the terms of this listing?

A. Attempt to find a ready, willing and able buyer for the real property B. Sell, trade or convey title to the real property C. Place a "For Sale" sign on the property and market the property D. Prepare a data sheet with information about the property to give to prospective purchasers

Business

When developing scales for international research, the researcher must pay special attention to details that can make the measurement instrument specific to the country in which the instrument will be used

Which of the following should be of concern to the marketing researcher when developing scales for international research? A) Special attention should be devoted to determining equivalent verbal descriptors in different languages and cultures. B) Scale endpoints and the verbal descriptors should be employed in a manner that is consistent with the culture. C) It is critical to establish the equivalence of scales and measures used to obtain data from different countries. D) All of the above are correct.

Business