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- Amajority of employees in most businesses receive a weekly or monthly salary. a. True b. False
- All of the following actions can help you build a good record of creditworthiness except __ a. starting a checking and savings account, making regular deposits, and maintaining a balance b. maintaining a good attendance record and good grades in school C. changing jobs every one or two years d. charging small purchases and paying them on time
- 2. Which of the following is a capital appraisal method that considers the time value of money and is 'theoretically superior? (i) Accounting time of return (ii) Payback period (iii) Internal rate of return (IRR) (iv) Net present value (NPV)
- Use the information below to answer questions 11-12 HB & HH PIC has 10 million ordinary shares of 50p. These shares are currently valued on the London Stock Exchange for ￡1.85 per share. The directors have decided to make a one-for-five issue (i.e. one new share for every five shares held) at ￡1.65 per share. Question 11 What is theoretical ex-rights price? (i) ￡1.766 (ii) ￡1.926 (iii) ￡1.816 (iv) ￡1.923 ￡1.816 ￡1.766 ￡1.926 ￡1.923 4 pts
- 1. Which of the following is NOT an investment appraisal method? (i) Net present value (NPV) (ii) Payback period (PP) (iii) Accounting time of return (ATR) (iv) All of the above