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Table 22-13 the Fortunate Residents of Anytown Have a Budget Surplus. the Surplus

question 7

Multiple Choice

Table 22-13
The fortunate residents of Anytown have a budget surplus. The mayor decided that it is only fair to have the residents vote on what to do with the surplus. The mayor has narrowed the options down to three possible projects: a playground, a library, or a swimming pool. The voters fall into three categories and have preferences as illustrated in the table.

-Refer to Table 22-13.Which of the following statements is correct regarding the results of pairwise voting in Anytown?

Identify opportunities for nonprofits to garner government support over for-profit entities.

Evaluate the impact of pay-for-success contracts and letter contracts on nonprofit management of government funding.

Understand the basic theories of emotion and their proponents.

Recognize the physiological and cognitive components involved in the experience of emotion.

Definitions:

Internal Rate of Return

A financial metric used to estimate the profitability of potential investments by calculating the rate of return at which the net present value of costs (cash outflows) equals the net present value of benefits (cash inflows).

Average Rate of Return

A financial ratio used to measure the profitability of an investment, calculated as the average annual profit divided by the initial investment cost.

Cash Payback Period

The time period required for the cash inflows from a capital investment project to cover the initial cash outlay.

Net Cash Inflow

The surplus of cash revenues over cash expenses in a given period, indicating the liquidity added to an entity.