Typically, a capital expenditure project will result in: a. a ...

[folubunmi]

Typically, a capital expenditure project will result in:
 a. a cash flow stream to the firm
 b. a cash outflow from the firm
 c. an initial (one-year) outflow followed by a series of cash inflows
 d. for long projects, an initial five-year outflow followed by a series of cash inflows

Question 2

Which firm is not dealing with adverse selection
 a. a manufacturer forgoes a usual 90 day probationary period for new employees
  b. a temporary clerical agency requires a typing test
  c. a manufacturer requires suppliers to be ISO 900 . certified
  d. Smokers get the worse life insurance rates as non-smokers

[krakiolit]

Answer to Question 1

c

Answer to Question 2

a