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NEW QUESTION: 1
What is the Net Present Value of this series of annual cash flows using an interest rate of 15% per year:
Year 0: <$10,000>, Year 1: $5,000, Year 2: $5,000, Year 3: $7,500? (Note that the <> are used to indicate a negative number).
A. $2,981.21
B. $3,224.98
C. $3,104.37
D. $3,059.92
E. $5,077.49
Answer: D
Explanation:
Explanation/Reference:
Explanation:
On the BAII Plus, press CF 2nd CLRWork 10000 +/- ENTER DownArrow 5000 ENTER DownArrow DownArrow 5000 ENTER DownArrow DownArrow 7500 ENTER DownArrow DownArrow 2nd Quit. Then press NPV 15 ENTER DownArrow CPT. On the HP12C, press these keys: 10000 CHS BlueShift CFo
5000 BlueShift CFj 5000 BlueShift CFj 7500 BlueShift CFj Then press 15 i, YellowShift NPV. The
"DownArrow" represents the downward-pointing arrow on the top row of the BAII Plus keyboard.
NEW QUESTION: 2
Which of the following is an example of a preventative control in an accounts payable system?
A. The system only allows payments to vendors who are included in the system's master vendor list.
B. Backups of the system and its data are performed on a nightly basis and tested periodically.
C. The system produces daily payment summary reports that staff use to compare against invoice totals.
D. Policies and procedures are clearly communicated to all members of the accounts payable department.
Answer: A
NEW QUESTION: 3
In most cases, an improvement team facilitator will NOT normally:
A. Be familiar with problem solving techniques.
B. Summarize key ideas generated by the group.
C. Function as the group leader.
D. Provide feedback to the group.
Answer: C