Samuelson electronics has a required payback period of three years for all of its projects. currently, the firm is analyzing two independent projects. project a has an expected payback period of 2.9 years and a net present value of $4,200. project b has an expected payback period of 3.1 years with a net present value of $26,400. which project(s) should be accepted based on the payback decision rule?

a.) project a only

b.) project b only

c.) both a and b

d.) neither a nor b

e.) either, but not both projects

Which is part of the sales process? a. customer retention b. billing c. cost planning d. customer relations

6carla would like to buy a dress, a dresser for her bedroom, and a home theater system. she has one month's worth of living expenses in her emergency fund. carla decides to save for the home theater system. did carla make the right decision? why or why not? a. yes; her emergency fund is full and the other items will probably be less expensive. b. yes; she could save more for her emergency fund, but the home theater will be harder to save for. c. no; she should save more for her emergency fund because she has saved less than the recommended amount. d. no; she should have bought the dress and dresser first because she could afford them right away. reset next

What impact might an economic downturn have on a borrower’s fixed-rate mortgage? a. it might cause a borrower’s payments to go up. b. it might cause a borrower’s payments to go down. c. it has no impact because a fixed-rate mortgage cannot change. d. it has no impact because the economy does not affect interest rates.