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Danner Corporation reported net sales of $650,000, $720,000, and $780,000 in the years 2016, 2017, and 2018, respectively. If 2016 is the base year, what
Danner Corporation reported net sales of $650,000, $720,000, and $780,000 in the years 2016, 2017, and 2018, respectively. If 2016 is the base year, what percentage do 2018 sales represent of the base? Select one O a 108% O b 83% Oc. 120% O d. 20% An investment cost $70,000 initially. In the first year it returned cash flows of $30,000, in the second year it returned cash flows of $15,000, in the third year $10,000, in the fourth year 5,000 and in the fifth and sath year $12,000 per year. What is the cash payback period? Select one O a 541 years Ob 4.20 years Oc625 years d. 5.83 years
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