percentage is 10% in question no.4

Q No. 03 Marks - 03 The Shannon Corporation deals in textile products. Due to certain reasons the company was closed a nd records of same are out of access now except given below. Use the given information to make bal ance sheet for year 2019 d. Sales $750,000 e. Total asset turnover 2.5 times f. Cash to total assets 2.0 percent g. Accounts Receivable Turnover 10.0 times h. Inventory turnover 15.0 times i. Current Ratio 2.0 times j. Debt to total assets 45.0 percent SHANNON CORPORATION BALANCE SHEET , 2019 Assets Liabilities & Shareholder's Equity Cash Total Current Liabilities Accounts Receivable Long term Debt Inventory Total Debt Total Current assets Fixed Assets Net Worth Total Assets Total Liabilities & Equity Q No. 04 The P&G Pakistan is a big and mature company. Most of business graduates look to work in it. Compa ny periodically hires internees for period of 6 months on trial basis. Suppose you are selected as an inter nee. The Financial has given you following data to test your finance skills. (Marks 5) Year Project A Project B Project C 0 (170,000) (18,000) 20,000 IN 11,000 10,000 7,000 24,000 6,000 7,000 3 25,000 10,000 7,000 4 380,000 8,000 7,000 a. If you apply the IRR criterion, which project will you choose? [4] b. If you apply profitability index criterion, which investment would you choose? Why? [1]