Which of the following is true for museums, public schools, and YMCAs?
(A) They are completely supported by the government.
(B) They are supported by professional organizations.
(C) They are exempt from paying income taxes.
(D) They are promoted by trade associations.
Ans: (C) They are exempt from paying income taxes.
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Gamma Corporation is considering an investment of $518,000 in a land development project
The investment will yield cash inflows of $220,000 per year for five years. The company uses a discount rate of 9%. What is the net present value of the investment? Present value of an ordinary annuity of $1: 8% 9% 10% 1 0.926 0.917 0.909 2 1.783 1.759 1.736 3 2.577 2.531 2.487 4 3.312 3.24 3.17 5 3.993 3.89 3.791 A) $238,280 B) $337,800 C) $341,880 D) $220,000
The degree of standardization of a product has no influence on channel design and strategy
Indicate whether the statement is true or false