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1. 2. 3. How many of the following statements are true? Present values are not useful in a capital investment analysis. An annuity is a

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How many of the following statements are true? Present values are not useful in a capital investment analysis. An annuity is a series of unequal payments The value of a dollar gets lower over time. All cash flows are considered in a cash payback analysis 1 4 2 3 The Wright Corporation manufactures lawn mowers. In a recent budget performance report, there was a favorable total variance related to metal. How many of the following could help explain the variance? An automated laser cutter for metal was installed at the factory. Labor union contract negotiations led to decreased wages for all factory workers. The factory manager started purchasing metal from a lower cost supplier The selling price of the mowers was increased. N 0 4 O 3 1 Which account is most closely related to equipment? unearned revenue revenue accumulated depreciation supplies accounts receivable

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