A project's Profitability Index is .85 and its investment value of $250,000. Given this information, determine its NPV.

		-$12,500
		-$5,000
		-$37,500
		$12,500

Your accountant suspects a mistake in the computation of the payables period, which has been reported at 54.75 days. Calculate the correct payables period, given the following: annual sales = $1,200,000, annual cost of goods sold = $700,000, average accounts payable = $105,000.

		179.58 days
		212.92 days
		31.94 days
		54.75 days