Which of the Following Was Not a Result of the Adoption

question 31

Multiple Choice

Which of the following was not a result of the adoption of mechanical calculators?

• A) Less demand for "superstars" who could rapidly compute sums by hand
• B) Higher productivity of bookkeepers
• C) Higher salaries of bookkeepers
• D) Proliferation of companies making calculators
• E) Feminization of bookkeeping

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Definitions:

IRR

The Internal Rate of Return (IRR) is a financial metric used to estimate the profitability of potential investments. It is the discount rate that makes the net present value of all cash flows from a particular project equal to zero.

Cash Flows

The complete aggregate of monetary circulation into and out of a company, crucially influencing its quick assets.

Net Present Value

It involves gauging the current value disparity between cash receipts and disbursements over a set time frame.

Shareholder Wealth

Shareholder wealth is the total value of an investment in a company, often measured by the market value of the shareholder's equity, which includes stock price appreciation and dividends.