The DuPont formula allows a firm to break down its return into the net profit margin, which measures the firm's profitability on sales, and its total asset turnover, which indicates how efficiently the firm has used its assets to generate sales

If the employee breaches the contract, the employer can recover the costs to hire a new employee

Indicate whether the statement is true or false

Washington Industries Inc. is considering a project that has an initial after-tax outlay or after-tax cost of $350,000. The respective future cash inflows from its five-year project for years 1 through 5 are $75,000 each year

Washington expects an additional cash flow of $50,000 in the fifth year. The firm uses the IRR method and has a hurdle rate of 10%. Will Washington accept the project? A) Washington accepts the project because it has an IRR greater than 10%. B) Washington rejects the project because it has an IRR less than 10%. C) Washington accepts the project because it has an IRR greater than 5%. D) There is not enough information to answer this question.