Case 7-2 RockCats Is a Double a Baseball Team That Has Created

question 3

Multiple Choice

Case 7-2
RockCats is a Double A baseball team that has created a Web site to provide people with information about them as well as game dates, practice pictures, and game clips

-Each team member has a picture and a video.To set it up so that either the video or the picture displays,they could use a(n) ____ if they knew their audience uses Internet Explorer.

• A) conditional comment
• B) optional source
• C) dynamic resource
• D) Flash source

Calculate and interpret the average accounting return (AAR) for project assessment.

Evaluate projects using the discounted payback rule.

Apply the concept of profitability index (PI) in project selection under capital rationing.

Understand the importance and process of capital budgeting in corporate finance.

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Definitions:

Credit Period

The time frame allowed by a creditor for a debtor to pay an outstanding bill or loan without incurring penalties or interest.

Cash Discount

An incentive offered by sellers to purchasers for paying an invoice promptly, usually defined as a percentage reduction in the invoice amount.

EOQ Model

Economic Order Quantity model; an inventory management method used to determine the optimum order quantity that minimizes the total inventory holding costs and ordering costs.

Shortage Costs

Costs that fall with increases in the level of investment in current assets.