Question # $1$

Net Income: $$700$ Depreciation Expense: $$300$ Decrease in current assets excluding cash: $$200$ Increase in current liabilities excluding notes payable: $$300$ Increase in net property, plan, and equipment for $$500$ increase in long term liabilities: $$1000$ Dividends paid $$150$ What is the firms cash flow from operating activities based on the data above?

Question # $2$

A Project$$s capital budget includes the following information: Initial Outlay: $$(5,000)$ Year $1$: $$3000$ Year $2$: $$3500$ Year $3$: $$3200$ Year $4$: $$2800$ Year $5$: $2500$ Asummed a $20\%$ discount rate for the project. Which percentage correctly identifies the projects internal rate of return to determine the relevant cash flows for a capital budgeting analysis.