In capital budgeting, the appropriate decision rule for an average-risk project is to accept if the ________ is greater than the WACC

A) NPV
B) IRR
C) cost of equity
D) cost of debt

Answer: B

Business

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Management's Report on Internal Control Over Financial Reporting:

A) Provides the auditor's opinion on the fairness of the financial statements. B) Contains personal certification of the financial statements by the company's executives. C) Contains a detailed description of compensation of the company's executives for the year. D) Provides a summary of significant accounting policies used to prepare financial statements.

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Typically, what are unsought products?

a. products that require little or no decision making by the buyer b. products that consumers purchase when they see them in a convenient location c. products that require only reminder advertising to be successful d. products that consumers don't know about or don't actively look for

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