A voting trust permits a concentration of corporate control in one or more persons

Erin Chou is reviewing a profitable investment project that has a conventional cash flow pattern. If the cash flows for the project, initial outlay, and future after-tax cash flows all double, Chou would predict that the IRR would:

A. increase and the NPV would increase. B. stay the same and the NPV would increase. C. stay the same and the NPV would stay the same

A trial balance summarizes the ledger by listing all the accounts with their balances at a point in time

Indicate whether the statement is true or false