Which of the following was passed to prevent racial discrimination in "inns, public conveyances on land or water, theaters and other places of public amusement"?

A. The Civil Rights Act of 1875
B. Executive Order 11246
C. The Civil Rights Act of 1866
D. Executive Order 10925

Answer: A. The Civil Rights Act of 1875

Business

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Adjudication investigates, declares, and enforces liabilities under laws supposed

already to exist. a. True b. False

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Company K is considering two mutually exclusive projects. The cash flows of the projects are as follows:

Year Project A Project B 0 -$2,000,000 -$2,000,000 1 500,000 2 500,000 3 500,000 4 500,000 5 500,000 6 500,000 7 500,000 5,650,000 a. Compute the NPV and IRR for the above two projects, assuming a 13% required rate of return. b. Discuss the ranking conflict. c. What decision should be made regarding these two projects?

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