What Do Your Textbook Authors Mean When They State That

question 32

Multiple Choice

What do your textbook authors mean when they state that the Internet alters our experience of time?

• A) We can buy recreational drugs online.
• B) We lose track of time as we surf the Internet.
• C) Electronic communication is almost immediate.
• D) We no longer notice the slight delay when opening up web pages.

---

Definitions:

NPV Projects

Projects that are evaluated based on their Net Present Value, which calculates the difference between the present value of cash inflows and outflows over a period of time.

Dividend Income

is money paid to shareholders out of a corporation's earnings in proportion to the number of shares held, usually on a regular basis.

Stock Repurchase

A transaction where a corporation repurchases its shares from the market, thereby decreasing the volume of shares that are publicly available.

Repurchase

A company's practice of reacquiring its shares from the market, which may lead to an appreciation in the value of the outstanding shares.