You are trying to decide between three mutually exclusive investment opportunities. The most appropriate tool for identifying the correct decision is:
A) NPV.
B) profitability index.
C) IRR.
D) incremental IRR.
A
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The bank statement reported an ending balance of $58,480 after deducting $880 in service charges and an addition of $18,000 for a note collected by the bank on the Cherokee Company's behalf. The company books reported an ending balance of $38,760, and determined that deposits in transit equal $22,400 and outstanding checks equal $25,000.
What is the adjusted cash balance? Select one: A. $22,400 B. $47,880 C. $55,880 D. $28,160
If a licensee meets the definition of a distressed home consultant for a particular transaction, the license should:
A. Offer to save the home phone from foreclosure B. enter Into a distressed home consultant agreement with the seller C. Arrange for the seller to lease back the home after the sale closes D. Make sure the closing date is within 20 days of a foreclosure sale