A weak entity that has a 1:1 identifying relationship with its owner, must have a partial key
Indicate whether the statement is true or false
FALSE
Business
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The following details are provided by a manufacturing company
Product line Investment $1,100,000 Useful life 12 years Estimated annual net cash inflows for first year $400,000 Estimated annual net cash inflows for second year $390,000 Estimated annual net cash inflows for next ten years $380,000 Residual value $70,000 Depreciation method Straight-line Required rate of return 14% Calculate the payback period for the investment. (Round your answer to two decimal places.) A) 2.75 years B) 2.82 years C) 2.55 years D) 2.77 years
Business
A debt ratio is aimed at determining if you have adequate liquidity to meet emergencies
Indicate whether this statement is true or false.
Business