Shoring Company Is Considering a Project with an Internal Rate

question 53

Multiple Choice

Shoring Company is considering a project with an internal rate of return of 14.5 percent.Shoring requires a minimum rate of return of 12 percent.The net present value of the project is

• A)negative.
• B)infinite.
• C)equal to zero.
• D)positive.
• E)none of these.

---

Definitions:

Multitouch

Refers to a technology that enables a device's screen to recognize the presence and location of more than one point of contact simultaneously.

Smartphone

A mobile phone that offers advanced features beyond making calls and sending text messages, including internet access and various applications.

Dick's Sporting Goods

An American sporting goods retail company that sells sports equipment, apparel, footwear, and accessories in stores and online.

Year-Round

Pertaining to something that occurs, is available, or is effective throughout the entire year.