Emoticons should be added to email messages that contain bad news in order to "soften the blow" of the message
Indicate whether the statement is true or false.
Answer: FALSE
Explanation: Avoid emoticons for all types of external communication and for formal internal communication, and avoid those bright yellow graphical emoticons (and particularly animated emoticons) in all business communication.
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Featuring exclusive national brands that are not available at competing retailers is a way of generating consumer interest in a retailer
Indicate whether the statement is true or false
The Hannibal Homers minor league baseball club is considering an expansion of its stadium to increase capacity by 2,000 seats. Management estimates increased revenue from ticket and concession sales to be $600,000 per year for the next 5 years
The cost of expansion is $750,000, with an additional $50,000 in working capital. The working capital increase is permanent (will not be recovered after 5 years). Annual costs are expected to be $200,000 per year, the club's cost of capital is 14%, and its tax rate is 30%. If the stadium addition is depreciated in a straight line to a value of $0.00 over 5 years, what is the NPV of this project (rounded to the nearest dollar)? (Ignore any revenues or costs associated with a terminal value of the project after five years.) A) $165,751 B) $365,751 C) $315,751 D) $1,115,751