project should be:
A. accepted because the internal rate of return is positive.
B. accepted because the profitability index is greater than 1.
C. accepted because the profitability index is negative.
D. rejected because the internal rate of return is negative.
Shareholder A sold shares of Maplewood Cabinets stock to Shareholder B. The stock is
listed on the NYSE. This trade occurred in which one of the following?
A. primary, dealer market
B. secondary, dealer market
C. primary, auction market
D. secondary, auction market
E. secondary, OTC market
The contribution margin per unit is equal to the:
A. sales price per unit minus the total costs per unit.
B. variable cost per unit minus the fixed cost per unit.
C. sales price per unit minus the variable cost per unit.
D. pre-tax profit per unit.
E. aftertax profit per unit.
At the accounting break-even point, the:
A. payback period must equal the required payback period.
B. NPV is zero.
C. IRR is zero.
D. contribution margin per unit equals the fixed costs per unit.
E. contribution margin per unit is zero.