A company is evaluating an expansion. This capital investment will require a cash outflow today of $6,500,000. The firm estimates that the investment will pay out a cash flow of $900,000 per year for the next 12 years, and then nothing after. The risk adjusted discount rate required on this project is 8%, calculate the net present value of this investment.

Double corporation acquired all of the common stock of simple company for

The following data were taken from the records of clarkson company for the fiscal year ended june 30, 2017. raw materials inventory 7/1/16 $58,100 factory insurance $4,800 raw materials inventory 6/30/17 46,600 factory machinery depreciation 17,100 finished goods inventory 7/1/16 99,700 factory utilities 29,400 finished goods inventory 6/30/17 21,900 office utilities expense 9,350 work in process inventory 7/1/16 21,200 sales revenue 560,500 work in process inventory 6/30/17 29,400 sales discounts 4,700 direct labor 147,550 plant manager’s salary 63,400 indirect labor 25,360 factory property taxes 9,910 accounts receivable 28,000 factory repairs 2,500 raw materials purchases 97,300 cash 39,200 a) prepare a cost of goods manufactured schedule (assume all raw materials used were direct materials). b) prepare an income statement through gross profit c)prepare the current assets section of the balance sheet at june 30, 2014

Why do you think researchers chose to begin with cigarette smokers opposed to other types of addiction ?