Which of the Following Statement Is True

question 48

Multiple Choice

Which of the following statement is true?

• A)One must know the discount rate to compute the NPV of a project but one can compute the IRR without referring to the discount rate.
• B)One must know the discount rate to compute the IRR of a project but one can compute the NPV without referring to the discount rate.
• C)Payback accounts for time value of money.
• D)There will always be one IRR regardless of cash flows.
• E)Return on equity is the ratio of total assets to total net income.

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Definitions:

Collectivist Cultures

Societies or cultures that prioritize the group over the individual, emphasizing interdependence, family ties, and social harmony.

Individualism

A social theory favoring freedom of action for individuals over collective or state control.

Cultural Intelligence

The capability to function effectively across various cultural contexts, understanding and adapting to cultural differences.

Cultural Distance

Cultural distance refers to the differences in cultural values, practices, and traditions between two countries or societies, impacting international business operations and interactions.