On the Internet, price can easily be adjusted to meet changes in the marketplace. This is called ________

Hubris is the arrogance of attributing the company's success to employees' own superior qualities

Indicate whether the statement is true or false.

Forge Company wants to purchase a new cutting machine for its sewing plant. The investment is expected to generate annual cash inflows of $120,000. The required rate of return is 10% and the current machine is expected to last for four years

What is the maximum dollar amount the company would be willing to spend for the machine, assuming its life is also four years? Income taxes are not considered. A) $273,500 B) $460,800 C) $355,950 D) $380,280