Disintermediation is the elimination of middle layers of distributors and suppliers

Flynn, Inc. is considering a four-year project that has an initial outlay or cost of $80,000. The future cash inflows from its project are $40,000, $40,000, $30,000, and $30,000 for years 1, 2, 3 and 4, respectively

Flynn uses the internal rate of return method to evaluate projects. What is the approximate IRR for this project? A) The IRR is less than 12%. B) The IRR is between 12% and 20%. C) The IRR is about 24.55%. D) The IRR is about 28.89%.

In one-to-many and many-to-one marketplaces, if all selling is done by one company, it is a buy-side market

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