________ cash flow is the increase in cash generated by a new project above the current cash flow without the new project
A) Future
B) Current
C) Discounted
D) Incremental
Answer: D
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Which of the following is NOT a part of a consumer products manufacturer's external economic environment?
A. The existing channels of distribution in the industry B. The number of companies competing in that industry C. Society's beliefs about savings and spending D. Unemployment in the area where the manufacturing plant is located E. Nationwide inflation
A real estate agent sold a home for $275,000. Prior to closing, the agent's license was revoked on grounds of moral turpitude. With respect to his eligibility for the commission, which of the following statements is true?
A. He is eligible for the commission because he was duly licensed when the sale was made B. He is eligible for the commission because he is technically licensed until all appeals have been exhausted C. He is not eligible for a commission because he was not licensed at the time the commission was paid D. He is not eligible for a commission because a license revocation automatically nullifies any right to commission that are yet unpaid