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NEW QUESTION: 1
What is a subject's work rate in watts if he pedals on a Monark cycle ergometer at 50 rpm at a resistance of 2.0 kiloponds?
A. 50W.
B. 200W.
C. 100W.
D. 300W.
Answer: C
NEW QUESTION: 2
For each of the following statements, select Yes if the statement is true. Otherwise, select No.
NOTE: Each correct selection is worth one point.
Answer:
Explanation:
NEW QUESTION: 3
Normal projects C and D are mutually exclusive. Project C has a higher net present value if the WACC is less than 12 percent, whereas Project D has a higher net present value if the WACC exceeds 12 percent.
Which of the following statements is most correct?
A. Project D has a higher internal rate of return.
B. Project D is probably larger in scale than Project C.
C. Project C probably has a faster payback.
D. None of the answers are correct.
E. All of the statements are correct.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
In this situation, D has a flatter NPV profile and a higher IRR. Project acceptance depends on what is the correct discount rate. If the discount rate is less than 12%, accept C If it is greater than 12%, accept D.
Projects that return their cash flows early (faster payback) and have lower initial investments tend to have higher IRRs.