Noah Has Strung Together a Necklace of a Dozen Colorful

question 69

Multiple Choice

Noah has strung together a necklace of a dozen colorful beads as a birthday present for his mother.Which of the following is most likely to be TRUE with regard to Noah?

• A)Noah is between two and three years of age.
• B)Noah is in the placement stage described by Kellogg.
• C)Noah's ability to string beads is typical of children between four and five years of age.
• D)Noah's ability to string beads is typical of children in the shape stage of Kellogg's four stages of children's drawings.

---

Definitions:

Fixed Assets

Long-term tangible assets that are used in the operations of a business and are not intended for sale, such as buildings, machinery, and equipment.

Net Present Value

A method used in capital budgeting to assess the profitability of an investment or project, calculating the difference between the present value of cash inflows and outflows.

Present Value

The current worth of a future sum of money or stream of cash flows given a specified rate of return, taking into account the time value of money.

Average Rate of Return

A financial ratio that represents the expected annual earnings of an investment as a percentage of its initial cost.