A negative net present value indicates that the
a. project is acceptable.
b. wrong discount rate was used.
c. project's annual rate of return exceeds the discount rate.
d. present value of the cash inflows was less than the present value of the cash out flows.
Answer: d. present value of the cash inflows was less than the present value of the cash out flows.
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A type of group that has a constitution and bylaws and has been organized for purposes other than obtaining insurance is called a(n)
A) employer group B) employee group C) association or labor group D) multiple coalition
The records of Ashley Boutique showed Net Loss, $25,000; Depreciation Expense, $35,000; and decrease in Supplies on Hand, $8,000. The amount of Net Cash Flow from Operating Activities using the indirect method is:
A) $18,000. B) $2,000. C) ($18,000). D) ($2,000).