Tait (2019) argues that many educators regard standardised tests as a significant problem for four primary reasons. Which of the following is NOT considered a reason for these concerns?单项选择题
A
Standardised tests measure how well students manage stress and anxiety rather than their academic performance.
B
School test results should not be made available for public scrutiny.
C
Testing leads to a less varied curriculum and decreased individualisation as schools tend to teach topics that are on the test.
D
School test performance is used inappropriately to rank schools and teacher performance.
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Pedersen Industries wants to initiate a new project. To facilitate the project, an increase in cash of $20,000 will be required and the firm needs to build up $15,000 in inventory. The firm is expecting revenues of $500,000 per year and cost of goods sold (COGS) of $400,000. Pedersen Industries is expecting that Accounts Receivables (AR) will account for 5% of annual sales and Accounts Payables (AP) will account for 10% of COGS. All these changes will occur in year t=1. What is the incremental cash flow effect from the change in Net Working Capital (NWC) in year 1?
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