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A firm had the following financials last year: Sales Revenue =$3,060 Accounts receivable =$500 Interest expense =$126 Total operating expenses =$600 Accounts payable =$240 Cost
A firm had the following financials last year: Sales Revenue =$3,060 Accounts receivable =$500 Interest expense =$126 Total operating expenses =$600 Accounts payable =$240 Cost of goods sold =$1,800 Dividend on preferred stock =$18 Tax rate =40% Number of outstanding number of common shares =1,000 The E.P.S of the firm, rounded to four decimal places is a. $0.3024 b. $0.3204 c. $0.5125 d. $0.5335 A project has the following cash inflows $40,000;$60,500;$70,000; and $48,800 for years 1 through 4 , respectively. The initial cash outflow is $184,000. Which of the following four statements is correct concerning the project internal rate of return (IRR)? a. The IRR is between 10 and 14% b. The RRR18%
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