If a firm has unlimited funds to invest in capital assets, all ...

[nummyann]

If a firm has unlimited funds to invest in capital assets, all independent projects that meet its minimum investment criteria should be implemented.
 
  Indicate whether the statement is true or false

Question 2

Calculate the combined future value at the end of year 3 of 1,000 received at the end of year 1, 3,000 received at the end of year 2, and 5,000 received at the end of year 3, all sums deposited at 5 percent.
 
  What will be an ideal response?

[sarah_brady415]

Answer to Question 1

TRUE

Answer to Question 2

FV = 1000(1.05 )2 + 3000(1.05 ) + 5000 = 9,252

[nummyann]

Excellent

Thanks for the timely response, appreciate it