Projects a and b have identical expected lives and identical initial cash outflows (costs). however, most of one project's cash flows come in the early years, while most of the other project's cash flows occur in the later years. the two npv profiles are given below: which of the following statements is correct? a. more of project b's cash flows occur in the later years. b. we must have information on the cost of capital in order to determine which project has the larger early cash flows. c. the npv profile graph is inconsistent with the statement made in the problem. d. the crossover rate, i. e., the rate at which projects a and b have the same npv, is greater than either project's irr. e. more of project a's cash flows occur in the later years

c

explanation:

c because the item on a bank statement is also referred to as an account statement. in addition, it provides the beginning balance, ending balance, statement date, transaction date for each transaction, payee, customer name and address, statement period, the account holder's account number, and the bank's customer service number

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.

fractionally backed paper money

fiat money

paper money

metallic money

answer; erp systems;