The following details are provided by Ferrous Foundry Company $5,000,000 15% Initial investment Discount rate Yearly cash inflows 1 2 3 4 $1,250,000 $1,350,000 $2.418,000 $1,164,000 PV of $1 1 2 3 4 13% 0.885 0.783 0.693 0.613 14% 0.877 0.769 0.675 0.592 15% 0.87 0.756 0.658 0.572 What is the NPV of the project? HO A. $(590,850) O B. $590,000 O C. $(635,048) O D. $615,455 All LI Culinary Enterprises manufactures cookware sets and sells the sets to department stores. Culinary expects to sell 2,000 cookware sets for $210 each in April and 3,800 cookware sets for $225 each in May Sales are 20% cash and 80% on account. Compute the total budgeted sales for May A. $420.000 B. $171,000 C. $855,000 D. $684,000