The acquisition process begins with a purchase of goods or services

Assume General Motors has a weighted average cost of capital of 10%. GM is considering investing in a new plant that will save the company $30 million over each of the first two years, and then $15 million each year thereafter

If the investment is $150 million, what is the net present value (NPV) of the project? A) $18.2 million B) $20.8 million C) $23.4 million D) $26.0 million

________ involves a financial arrangement in which companies with products sold nationally share the costs of local advertising with local marketing intermediaries

A) Cooperative advertising B) Prospecting C) Canned sales pitch D) Specialty advertising E) Trade allowances