Rubbermaid Has Set a Minimum Rate of Return of 15

question 98

Multiple Choice

Rubbermaid has set a minimum rate of return of 15 percent on all its capital investments. Fifteen percent is Rubbermaid's ________.

• A) payback period
• B) hurdle rate
• C) internal rate of return
• D) return on investment

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Definitions:

Clitoris

A small, sensitive organ located at the top of the vulva, involved in female sexual pleasure.

Vagina

A muscular tube leading from the external genitals to the cervix of the uterus in women and most female mammals.

Residual

Pertaining to that which is left as a residue.

Bladder

A muscular sac in the pelvis, in which urine is stored before disposal by urination.