nullA company is considering a new investment project, and has calculated that the present value of the cash inflows from the project are less than the present value of the cash outflows, ie there is a negative net present value (NPV). What does this negative NPV imply?
A. The time period used as the basis for assessing future cash flows in the NPV calculation should beincreased.
B. The investment should not be undertaken as it will lead to a fall in the share price of the company.
C. The investment should only be undertaken if the firm has no better use for the capital.
D. The firm should increase its cost of capital before making future investment decisions.
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Which of the following is the most appropriate for indicating long-term shareholder wealth?
A. Share price
B. Rate of return on capital
C. Earnings per share
D. Profit
Which THREE of the following are most likely to increase the price of the shares in XYZ plc?
A fall in interest rates
B. Increasing demand for some of XYZ's key products
C. News of better economic stability in XYZ's home country
D. Falling ROCE at XYZ plc
E. Increasing levels of borrowing at XYZ plc
“夙夜在公”体现了中华民族优良道德传统( )。
A. 注重整体利益,强调责任奉献
B. 推崇“仁爱”原则,注重以和为贵
C. 强调道德修养,重视道德践履
D. 提倡人伦价值,重视道德义务
社会主义道德的核心是( )。
A. 为人民服务
B. 集体主义原则
C. 弘扬民族精神
D. 宣传共产主义道德