Basics of capital budgeting you recently went to work for allied components company, a supplier of auto repair parts used in the after-market with products from daimler ag, ford, toyota, and other automakers. your boss, the chief financial officer (cfo), has just handed you the estimated cash flows for two proposed projects. project l involves adding a new item to the firm’s ignition system line; it would take some time to build up the market for this product, so the cash inflows would increase over time. project s involves an add-on to an existing line, and its cash flows would decrease over time. both projects have 3-year lives because allied is planning to introduce entirely new models after 3 years. here are the projects’ after-tax cash flows (in thousands of dollars): a timeline shows values for projects l and s over 3 years. the data from the timeline, presented in the format, project, 0, 1, 2, 3, are as follows. l, negative $100, $10, $60, $80. s, negative $100, $70, $50, $20. depreciation, salvage values, net operating working capital requirements, and tax effects are all included in these cash flows. the cfo also made subjective risk assessments of each project, and he concluded that both projects have risk characteristics that are similar to the firm’s average project. allied’s wacc is 10%. you must determine whether one or both of the projects should be accepted.

Journalize the following transactions that occurred in september 2015 for aquamarines. no explanations are needed. identify each accounts payable and accounts receivable with the vendor or customer name. sep. 3 purchased merchandise inventory on account from shallin wholesalers, $5,000. terms 1/15, n/eom, fob shipping point. 4 paid freight bill of $80 on september 3 purchase. 4 purchased merchandise inventory for cash of $1,700. 6 returned $500 of inventory from september 3 purchase. 8 sold merchandise inventory to hermosa company, $6,000, on account. terms 2/15, n/35. cost of goods, $2,640. 9 purchased merchandise inventory on account from thomas wholesalers, $8,000. terms 2/10, n/30, fob destination. 10 made payment to shallin wholesalers for goods purchased on september 3, less return and discount. 12 received payment from hermosa company, less discount. 13 after negotiations, received a $200 allowance from thomas wholesalers. 15 sold merchandise inventory to jordan company, $2,500, on account. terms 1/10, n/eom. cost of goods, $1,050. 22 made payment, less allowance, to thomas wholesalers for goods purchased on september 9. 23 jordan company returned $400 of the merchandise sold on september 15. cost of goods, $160. 25 sold merchandise inventory to smithsons for $1,100 on account that cost $400. terms of 2/10, n/30 were offered, fob shipping point. as a courtesy to smithsons, $75 of freight was added to the invoice for which cash was paid by aquamarines. 26 after negotiations, granted a $100 allowance to smithsons for merchandise purchased on september 25. 29 received payment from smithsons, less allowance and discount. 30 received payment from jordan company, less return.

Why is it vital to maintain a designer worksheet? a. it separates the designs chosen for the season from those rejected by the company. b. it keeps a record of all designs created by the designer for a season. c. it charts out the development of an entire line through the season and beyond. d. it tracks the development of a design along with costing and production details. done

Marta communications, inc. has provided incomplete financial statements for the month ended march 31. the controller has asked you to calculate the missing amounts in the incomplete financial statements. use the information included in the excel simulation and the excel functions described below to complete the task