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Answer them Please ASAP Steve Blanc Inc. has an investment opportunity with the following predicted cash flows: Year Cash Flow 0 $31,870 1 8,570 N
Answer them Please ASAP
Steve Blanc Inc. has an investment opportunity with the following predicted cash flows: Year Cash Flow 0 $31,870 1 8,570 N 10,370 3 14,960 4 16,410 11,540 5 The project's NPV is ____-, given a required return of 8.5%. $7,033.33 $29,980.00 $16,065.43 $14,231.42 $15,417.37 Last year, Grand Pix Inc. had the following information: sales were $21,530; depreciation was $1,290; interest expense was $1,040; costs was $16,480. The tax rate was 30%. The company's operating cash flow was $4,234 O $2,604 O $7,166 O $4,934 O $3,720 Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes $ 8,950 7,410 430 $ 1,110 90 $ 1,020 357 Net income $ 663 Cash Accounts rec. Inventory Total Net fixed assets Total assets Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2016 2017 $ 160 $ 190 Accounts payable 860 760 Long-term debt 1.600 1.590 Common stock $ 2,620 $ 2.540 Retained earnings 3.270 3.760 $ 5,890 $ 6.300 Total liab. & equity 2016 $ 1,090 1,030 3,200 570 2017 $ 1.210 1,230 3,040 820 $ 5,890 $ 6,300 What is the quick ratio for 2017? 1.94 times 2.10 times 1.31 times .79 times .76 timesStep by Step Solution
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