Business, 25.11.2020 14:20 antcobra

Celestial Crane Cosmetics is analyzing a project that requires an initial investment of $2,750,000. The project’s expected cash flows are: Year Cash Flow
1 $350,000
2 -125,000
3 450,000
4 425,000

Celestial Crane Cosmetics's WACC is 9%, and the project has the same risk as the firm's average project.

1. Calculate this project's modified internal rate of return (MIRR). Choose from the options given below:

a. 23.25%
b. 17.19%
c. 24.26%
d. -18.52%

2. If Celestial Crane Cosmetics's managers select projects based on the MIRR criterion, they should _ _ _ _ _ this independent project.

Answers: 2

Show answers

Other questions on the subject: Business

Business, 21.06.2019 17:40, jjackson0010

Steffi is reviewing various licenses and their uses. match the licenses to their respective uses.

Answers: 3

continue

Business, 22.06.2019 08:50, terrancebest

Comprehensive illustrative problem: mira's store on february 1 20a4 mica delaman opened astore that sells school supplies her main customer are the students and teachers of happy students school that is situated in front of her store. mira wanted to know the financial position of mira's store. mira knew you were studying accounting. so she asked for . 1. to start her business mira's opened a checking account in the name of mira's store . the statement of account from the bank shows that the checking account has a balance of 31,535 of december 31,20a4

Answers: 2

continue

Business, 22.06.2019 11:00, 1129682

Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countries have no influence on the financial status of individuals. true or false

Answers: 1

continue

Business, 22.06.2019 15:20, alex12everett

Record the journal entry for the provision for uncollectible accounts under each of the following independent assumptions: a. the allowance for doubtful accounts before adjustment has a credit balance of $500. b. the allowance for doubtful accounts before adjustment has a debit balance of $250. c. assume that octoberʼs credit sales were $70,000. uncollectible accounts expense is estimated at 2% of sales. smith, gaylord n.. excel applications for accounting principles (p. 51). cengage textbook. kindle edition.

Answers: 1

continue

You know the right answer?

Celestial Crane Cosmetics is analyzing a project that requires an initial investment of $2,750,000....