While methods like high-low slope, average slope, handshaking, and Box-Jenkins exist, one of the most popular techniques for summarizing the slope of a graph is _______
a. summarization
b. stratification
c. statistical regression.
d. arithmetic progression
c
FEEDBACK: a. Incorrect.
b. Incorrect.
c. Correct.
d. Incorrect.
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Apple, Inc. is considering Project A and Project B, which are two mutually exclusive projects with unequal lives
Project A is an eight-year project that has an initial outlay or cost of $140,000. Its future cash inflows for years 1 through 8 are the same at $36,500. Project B is a six-year project that has an initial outlay or cost of $160,000. Its future cash inflows for years 1 through 6 are the same at $48,000. Apple uses the equivalent annual annuity (EAA) method and has a discount rate of 13%. Which project(s), if any, will Apple accept? A) Apple will take Project B because it has a positive NPV and its EAA is greater than that for Project A. B) Apple rejects both projects because both have a negative NPV (and thus negative EAA). C) Apple accepts both projects because both have a positive NPV (and thus positive EAA). D) Apple accepts Project A because its EAA of about $7,975 is greater than Project B's EAA of about $6,440.
A firm's ________ is defined as its theory about how to gain competitive advantages
A) objective B) mission C) vision D) strategy