The first step in securing a future promotion in an organization is to:
A) Tell your boss you are interested in a promotion
B) Assist your boss with his or her duties
C) Begin behaving and dressing for your desired position
D) Update your résumé
A
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Books Brothers stock was priced at $15 per share two years ago. The stock sold for $13 last year and now it sells for $18. What was the total return for owning Books Brothers stock during the most recent year? Assume that no dividends were paid and round to the nearest percent.
A) 7.1%t B) 34.7% C) 28.1% D) 43.2%
Approximately how much was paid to invest in a project that has an NPV break-even level of sales of $5 million, cash flows determined by: .1 × sales - $300,000, a six-year life, and an 8 percent discount rate?
A) $2,311,450 B) $416,667 C) $1,016,678 D) $924,576