Unlike the geocentric and polycentric mindsets, the ethnocentric mindset is not tied to a particular home or host nation

Leveraged buyouts are expected to _______ managerial efficiency and _______ the level of corporate debt.

A) reduce; reduce B) reduce; increase C) increase; increase D) increase; reduce

A capacity alternative has an initial cost of $50,000 and cash flow of $20,000 for each of the next four years. If the cost of capital is 5 percent, what is the approximate net present value of this investment?

A) $20,920 B) $26,160 C) $49,840 D) $70,920 E) $106,990