Oxtron, Inc substantially performed its obligations under a service contract. Oxtron is entitled to receive
a. the full contract price.
b. substantially nothing.
c. the fair market value of its performance.
d. the full contract price minus the value of the defects.
d
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An MNC is considering establishing a two-year project in New Zealand with a $30 million initial investment. The firm's cost of capital is 12%. The required rate of return on this project is 18%. The project is expected to generate cash flows of NZ$12 million in Year 1 and NZ$30 million in Year 2, excluding the salvage value. Assume no taxes, and a stable exchange rate of $.60 per NZ$ over the next two years. All cash flows are remitted to the parent. What is the break-even salvage value?
a. about NZ$11 million. b. about NZ$15 million. c. about NZ$31 million. d. about NZ$37 million. e. about NZ$25 million.
Market share measures a firm's external performance relative to that of its competitors. Which of the following represents how a firm measures market share?
A. Multiplying the firm's sales by the industries total sales B. Dividing the firm's sales by the total market sales for the entire industry C. Subtracting your competitors sales from your total sales D. Subtracting the industries total sales from the firm's total sales