Many proposals, especially those that are unsolicited, are unsuccessful because the audience decides to do nothing at all
Indicate whether the statement is true or false.
Answer: True
Explanation: Many proposals, especially those that are unsolicited, are unsuccessful not because the audience accepts a different proposal, but because the audience decides to do nothing at all. Help the audience understand why this problem deserves attention and how the benefit of fixing it will outweigh the proposed cost.
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Preparing the statement of cash flows involves all of the following except determining the
a. cash provided by operations. b. cash provided by or used in investing and financing activities. c. change in cash during the period. d. cash collections from customers during the period.
You would like to establish a trust fund that would provide annual scholarships of $100,000 forever. How much would you have to deposit today in one lump sum to achieve this goal if you can earn a guaranteed 4.5% rate of return?
a. 1,678,342 b. 1,800,000 c. 2,413,435 d. 1,620,975 e. 2,222,222