A firm is evaluating a proposal which has an initial investment of $50,000 and has cash flows of $15,000 per year for five years. The payback period of the project is ________

Razer-Edge makes machines for sharpening the blades used by butchers to slice meat. When Razer-Edge priced its Primary Sharpener, its salespeople were told that it would be sold for $1,700, but that there would be room for discounts and flexibility. The $1,700 price is which of the following prices for the Primary Sharpener?

a. functional b. base c. channel leader d. demand

Which of the following is an example of neutral or positive language you might use to convey bad news about rejecting an idea?

A) Unfortunately, we are unable to use your project idea as submitted. B) According to company policy, no other projects may be started this year. C) Our company is unable to move ahead on new projects at this time. D) The company is cutting costs by postponing any new projects until next year. E) Thank you for your interesting idea, although it is impossible to implement at this time.