Mahjong, inc., has identified the following two mutually exclusive projects:

year cash flow (a) cash flow (b)
0 –$36,000 –$36,000
1 18,900 6,100
2 14,400 12,600
3 11,900 19,100
4 8,900 23,100

required: (a) what is the irr for project a? (b) what is the irr for project b? (c) if the required return is 8 percent, what is the npv for project a? (d) if the required return is 8 percent, what is the npv for project b? (e) at what discount rate would the company be indifferent between these two projects?

The role of the credit department includes: a. evaluating customers' credit applications to determine whether they meet the company's approval standards. b. approving all credit applications in order to avoid losing sales. c. collecting cash from customers. d. following unwritten approval standards for processing customers' credit applications.

An insurance company estimates the probability of an earthquake in the next year to be 0.0015. the average damage done to a house by an earthquake it estimates to be $90,000. if the company offers earthquake insurance for $150, what is company`s expected value of the policy? hint: think, is it profitable for the insurance company or not? will they gain (positive expected value) or lose (negative expected value)? if the expected value is negative, remember to show "-" sign. no "+" sign needed for the positive expected value

Leon and sara are arguing over when the best time is to degrease soup. leon says that it's easiest to degrease soup when it's boiling. sara says it's easiest to degrease soup when it's cold. who is correct? a. neither leon nor sara is correct. b. leon is correct. c. both leon and sara are correct. d. sara is correct. student b   incorrect which following answer correct?