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Lake City Plastics currently produces plastic plates and silverware. The company is considering expanding its product offerings to include plastic serving trays. Which of the
Lake City Plastics currently produces plastic plates and silverware. The company is considering expanding its product offerings to include plastic serving trays. Which of the following are cash flows relevant to the new product? I. molds needed to form the serving trays II. projected increase in plate and silverware sales if the trays are produced III. a portion of the production manager's current annual salary of $75,000 IV. raw materials used in the production of the serving trays ALII, and IV only OB I, II and IV only OCI, II, II and IV DJI and IV only and IV only Which one of the following defines the internal rate of return for a project? O A. Discount rate that creates a zero cash flow from assets OB. The project's current market rate of return Rate of return required by the project's investors D. Discount rate which results in a net present value equal to the project's initial cost E. Discount rate which results in a zero net present value for the project Semi-strong form market efficiency states that the value of a security is based on: O A historical information only. B. all publicly available information plus any data that can be gathered from insider trading Call publicly available information. D. all public and private information E random information with no clear distinction as to the source of that information
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