A producer of electronic clocks, ClockRUs (CRU) wants to create an advertising campaign to stimulate their demand. Based on CRU s experience, if they spend $250,000 on newspapers and magazines now, their sales should increase by $180,000 in the first year, and $150,000 in the second year. However, with the changing interest rate, and profitability concern, CRU must have 9% rate of return. a. What is the Present Value of year 1 sales increase (cash flow in year 1)?
b. What is the Present Value of year 2 sales increase (cash flow in year 2)?
c. What is the cash flow now (what is CF(0))?
d. Based on the NPV analysis, would you advise CRU to do the advertising? Explain why?

the correct answer is:

it required the president to inform congress within forty-eight hours of any new troop commitment.

the war powers resolution (1973) is a federal law designed to limit the u.s. president’s ability to initiate or intensify military actions abroad without the approval of the congress.

it establishes that the president can send armed forces into action abroad only by declaration of war by congress, statutory authorization, or in case of a national emergency created by attack upon the united states, its territories or possessions, or its armed forces.

it requires the president to notify congress within 48 hours of sending armed forces to military action.

answer; (a) searching for information can be done quickly;