On july 1, 2016, alpha company negotiated the purchase of a new piece of equipment with the seller zulu company. the equipment was list for $200,000. smooth talking alpha was able to negotiate the purchase price and acquired the equipment at $175,000. alpha company completed the purchase transaction on july 1. additionally, alpha was entitled to a 1% discount if it paid for the equipment within 10 days. after completing the purchase, bravo company, third party, offered alpha, $185,000 for this equipment. what amount should alpha company record the equipment purchase at if payment is made by july 11?

Lambert manufacturing has $100,000 to invest in either project a or project b. the following data are available on these projects (ignore income taxes.): project a project b cost of equipment needed now $100,000 $60,000 working capital investment needed now - $40,000 annual cash operating inflows $40,000 $35,000 salvage value of equipment in 6 years $10,000 - both projects will have a useful life of 6 years and the total cost approach to net present value analysis. at the end of 6 years, the working capital investment will be released for use elsewhere. lambert's required rate of return is 14%. the net present value of project b is: