What is the NPV of a project that costs $100,000, provides $23,000 in cash flows annually for six years, requires a $5,000 increase in net working capital, and depreciates the asset straight line over six years while ignoring the half-year convention? The discount rate is 14%.

A(n) _____ corporation is one that is formed to perform some nongovernmental function

A) ?quasi B) ?public C) ?private D) ?close

If competitors from different countries are giving bribes to get contracts in developing countries, it is acceptable under U.S. law that a U.S. company can do the same if it can show competitive reasoning

Indicate whether the statement is true or false