The following table gives the available projects (in $millions) for a firm. ABCDEFG
5.0 4.0 5.0 1.0 2.0 7.0 8.0 Initialinvestment 1.5 -0.5 1.0 0.5 0.5 1.0 1.0 NPV

The firm has only 20 million to invest. What is the maximum NPV that the company can obtain?

A. 3.5
B. 4.0
C. 4.5
D. 5.0
E. 5.5

Prior to its closing, income summary had total debits of $1,190,500 and total credits of $1,476,300. what purpose is served by the income summary account and what is the nature of the entries that resulted in the $1,190,500 and the $1,476,300? the income summary account is used to the accounts. the $1,190,500 represents the , and the $1,476,300 represents . the company had of $ .

Steele bicycle manufacturing company currently produces the handlebars used in manufacturing its bicycles, which are high-quality racing bikes with limited sales. steele produces and sells only 10,000 bikes each year. due to the low volume of activity, steele is unable to obtain the economies of scale that larger producers achieve. for example, steele could buy the handlebars for $31 each: they cost $34 each to make. the following is a detailed breakdown of current production costs: after seeing these figures, steele's president remarked that it would be foolish for the company to continue to produce the handlebars at $34 each when it can buy them for $31 each. calculate the total relevant cost. do you agree with the president's conclusion?

True or false: a fitted model with more predictors will necessarily have a lower training set error than a model with fewer predictors.