Under what approach do organizations exhibit little environmental sensitivity, and simply obey laws, rules and regulations?

The lower-of-cost-or-market method is used for inventory despite being less conservative than valuing inventory at market value.

a. true b. false

The owner of a number of gas stations is considering installing coffee machines in his gas stations. It will cost $270,000 to install the coffee machines, and they are expected to boost cash flows by $120,536 per year for their five-year working life

What must the cost of capital be if this investment has a profitability index of 1? A) 1.89% B) 3.78% C) 7.55% D) 9.44%