Friendly Notes with No Direct Business Purpose,such as Those Conveying

question 110

Multiple Choice

Friendly notes with no direct business purpose,such as those conveying congratulations or thanks,are called ________ messages.

• A)salutary
• B)recognition
• C)goodwill
• D)condolence
• E)persuasive

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Definitions:

Required Return

The minimum rate of return on an investment that is necessary for it to be considered a viable option, taking into account its risk level.

IRR

In capital budgeting, the Internal Rate of Return serves as a tool for estimating the potential returns on investment projects.

Investment

The allocation of resources, usually money, into assets or projects expected to generate future returns or profit.

Profitability Index

A calculation that measures the relative profitability of an investment by dividing the present value of future cash flows by the initial investment cost.