Your required rate of return is greater than zero. How much is a payment of $3,000 to be received a year from today worth? a. Less than $3,000 today . Exactly $3,000 today C. Not enough information is provided to determine the answer. d. More than $3,000 today 17:0 Profit is equal to revenue minus total variable costs minus total fixed costs. 2 a. FALSE b. TRUE 17:01 Which of the following components are included in a mixed cost? a. A step cost and a semivariable cost b. A sunk cost and an opportunity cost C. A fixed cost and a variable cost d. A product cost and a period cost 17:03 Which of the following is an advantage of a decentralized organization? a. Allows for duplication of activities b. Enables managers to enhance goal incongruence C. Allows only top-level managers to make all decisions d. Provides excellent training for potential top-level executives 17:11