What is a category killer? Provide an example and a description of a category killer
What will be an ideal response?
Student answers will vary. A category killer is a giant specialty store that carries a very deep assortment of a particular line. They feature stores the size of airplane hangars that carry a very deep assortment of a particular line. Category killers are found in a wide range of categories, including electronics, home-improvement products, books, baby gear, toys, linens and towels, party goods, sporting goods, and even pet supplies.
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At current prices and a 13 percent cost of capital, a project's NPV is $100,000. By what minimum amount must the initial cost of the project decrease (revenues will be unchanged) before you would prefer to wait two years before investing?
A) $21,685 B) $26,000 C) $29,380 D) $27,690
The states can finance deficits in their unemployment compensation programs with interest-free loans from the federal government
Indicate whether the statement is true or false