Garage. inc, has identified the following two mutually exclusive projects:
year cash flow (a) cash flow (b)
0 -$29,000 -$29,000
1 14,700 4,450
2 12,600 9,950
3 9,350 15,500
4 5,250 17,100
a-1. what is the irr for each of these projects? (do not round intermediate calculations. enter your answers as a percent rounded to 2 decimal places, e.
a-2. using the irr decision rule, which project should the company accept?
a-3. is this decision necessarily correct?
b-1. if the required return is 11 percent, what is the npv for each of these projects? (do not round intermediate calculations and round your answers to 2 decimal places, e.
b-2. which project will the company choose if it applies the npv decision rule?
c. at what discount rate would the company be indifferent between these two projects? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places, e.

The following accounts appeared in recent financial statements of delta air lines. identify each account as either a balance sheet account or an income statement account. for each balance sheet account, identify it as an asset, a liability, or stockholders' equity. for each income statement account, identify it as a revenue or an expense. item financial statement type of account accounts payable balance sheet advanced payments for equipment balance sheet air traffic liability balance sheet aircraft fuel (expense) income statement aircraft maintenance (expense) income statement aircraft rent (expense) income statement cargo revenue income statement cash balance sheet contract carrier arrangements (expense) income statement flight equipment balance sheet frequent flyer (obligations) balance sheet fuel inventory balance sheet landing fees (expense) income statement parts and supplies inventories balance sheet passenger commissions (expense) income statement passenger revenue income statement prepaid expenses income statement taxes payable balance sheet

Why does an organization prepare a balance sheet? a. to reveal what the organization owns and owes at a point in time b. to reveal how well the company utilizes its cash c. to calculate retained earnings for a given accounting period d. to calculate gross profit for a given accounting period

Which of the following is not part of the mission statement of the department of homeland security? lead the unified national effort to secure america protect against and respond to threats and hazards to the nation ensure safe and secure borders coordinate intelligence operations against terrorists in other countries