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发布时间:2024-07-25 07:56:31

[单选题]Samuelson Electronics has a required payback period of three years for all of its projects. Currently, the firm is analyzing two independent projects. Project A has an expected payback period of 2.9 years and a net present value of $4,200. Project B has an expected payback period of 3.1 years with a net present value of $26,400. Which project(s. should be accepted based on the payback decision rule?
A. Project A only
B. Project B only
C. Both A and B
D. Neither A nor B
E. Either, but not both projects
Difficulty: 1 Easy
Topic: Payback
Learning Objective: 09-02 Discuss the payback rule and some of its shortcomings.

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[单选题]A project has a required payback period of three years. Which one of the following statements is correct concerning the payback analysis of this project?
A. The cash flows in each of the three years must exceed one-third of the project's initial cost if the project is to be accepted.
B. The cash flow in Year 3 is ignored.
C. The project's cash flow in Year 3 is discounted by a factor of (1 + R.3.
D. The cash flow in Year 2 is valued just as highly as the cash flow in Year 1.
E. The project is acceptable whenever the payback period exceeds three years.
Difficulty: 1 Easy
Topic: Payback
Learning Objective: 09-02 Discuss the payback rule and some of its shortcomings.
[单选题]A project has a discounted payback period that is equal to the required payback period. Given this, the project:
A. will not be acceptable under the payback rule.
B. must have a profitability index that is equal to or greater than 1.0.
C. must have a zero net present value.
D. must have an internal rate of return equal to the required return.
E. will still be acceptable if the discount rate is increased.
Difficulty: 1 Easy
Topic: Discounted payback
Learning Objective: 09-03 Discuss the discounted payback rule and some of its shortcomings.
[单选题]10.According to the Stolper-Samuelson theorem, the imposition of a tariff by a nati on:
A.A.increases the real return of the nation's abundant factor
B.B.increases the real return of the nation's scarce factor
C.C.reduces the real return of the nation's scarce factor
D.D.any of the above is possible
[单选题]Applying the discounted payback decision rule to all projects may cause:
A. some positive net present value projects to be rejected.
B. the most liquid projects to be rejected in favor of the less liquid projects.
C. projects to be incorrectly accepted due to ignoring the time value of money.
D. a firm to become more long-term focused.
E. some projects to be accepted which would otherwise be rejected under the payback rule.
Difficulty: 1 Easy
Topic: Discounted payback
Learning Objective: 09-03 Discuss the discounted payback rule and some of its shortcomings.
[单选题]Why is payback often used as the sole method of analyzing a proposed small project?
A. Payback considers the time value of money.
B. All relevant cash flows are included in the payback analysis.
C. The benefits of payback analysis usually outweigh the costs of the analysis.
D. Payback is the most desirable of the various financial methods of analysis.
E. Payback is focused on the long-term impact of a project.
Difficulty: 1 Easy
Topic: Payback
Learning Objective: 09-02 Discuss the payback rule and some of its shortcomings.
[单选题]For safety, all passengers are required to review this card and follow these instructions when needed.
A.为了安全,请各位乘客反复阅读本卡片,务必按照各项规定执行。
B.为了保险起见,请各位乘客务必阅读本卡片,并参照相关内容认真执行。
C.为了保险起见,要求所有乘客在需要时都能看到这张卡片及以下这些内容。
D.为了安全,要求所有乘客仔细阅读本卡片各项内容,必要时照其执行。
[单选题]A large number of data points are required to get accurate results using the APM program
A.TRUE
B.FALSE
[单选题]Before ____ for the job, you will be required to take a language test.
A.apply
B.applying
C.applied
D.to apply
[单选题]“Required course”的正确汉语翻译为(_____)。
A.必修课
B. 选修课
C. 研读课
D. 理论课
[简答题] Financial innovation has provided more options to both investors and borrowers.
[判断题]词组“a required course”的汉语翻译是:选修课。
A.正确
B.错误
[判断题] The flat has a garden.
A.正确
B.错误
[判断题] Gubbio has particularly friendly people.
A.正确
B.错误
[判断题] Kobe has free sports facilities.
A.正确
B.错误
[判断题] Stranda has very good weather.
A.正确
B.错误
[单选题]Lucy has lost ( ) pen.
A. she
B. her
C. hers
D. herself

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