The owner of a number of gas stations is considering installing coffee machines in his gas stations. It will cost $270,000 to install the coffee machines, and they are expected to boost cash flows by $120,536 per year for their five-year working life
What must the cost of capital be if this investment has a profitability index of 1?
A) 1.89%
B) 3.78%
C) 7.55%
D) 9.44%
Answer: B
Business
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Phillip has noticed that several newer members in his group have begun to ______ to the group norms. This could be because they want to obtain rewards and avoid punishment or imitate respectable group members. It could also be that they have internalized the norm.
-change -reject -challenge -conform
Business
Which of the following is an example of a nonprofit organization?
a. General Motors b. Canadian Brokers Association c. Canada Life, an insurance company d. Canadian Humane Society
Business