Each component of managerial ethics involves a wide variety of decisions, all of which are likely to have an ethical component

Indicate whether the statement is true or false

True

Business

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When the grantor of a deed swears that he is conveying title of his own free will, his action is referred to as:

a. execution b. acknowledgement c. novation d. authentication

Business

Flynn, Inc. is considering a four-year project that has an initial outlay or cost of $80,000. The future cash inflows from its project are $40,000, $40,000, $30,000, and $30,000 for years 1, 2, 3 and 4, respectively

Flynn uses the internal rate of return method to evaluate projects. What is the approximate IRR for this project? A) The IRR is less than 12%. B) The IRR is between 12% and 20%. C) The IRR is about 24.55%. D) The IRR is about 28.89%.

Business