Consider the following three projects. all three have an initial investment of $1,000,000.
data table:
net cash inflows
project l
project m
project n
year
annual
accumulated
annual
accumulated
annual
accumulated
1
$125,000
$125,000
$175,000
$175,000
$500,000
$500,000
2
125,000
250,000
275,000
450,000
500,000
1,000,000
3
125,000
375,000
550,000
1,000,000
4
125,000
500,000
650,000
1,650,000
5
125,000
625,000
750,000
2,400,000
6
125,000
750,000
7
125,000
875,000
8
125,000
1,000,000
requirements
1. determine the payback period of each project. rank the projects from most desirable to least desirable based on payback.
2. are there other factors that should be considered in addition to the payback period? "

Prepare the operating activities section—indirect method.(lo 4), apthe income statement of paxson company is presented here.paxson companyincome statementfor the year ended november 30, 2014sales revenue $7,600,000cost of goods sold beginning inventory$1,900,000 purchases4,400,000goods available for sale6,300,000 ending inventory1,600,000total cost of goods sold 4,700,000gross profit 2,900,000operating expenses selling expenses450,000 administrative expenses700,0001,150,000net income $1,750,000additional information: prepare the operating activities section—indirect 1. accounts receivable decreased $380,000 during the year, and inventory decreased $300,000.2. prepaid expenses increased $150,000 during the year.3. accounts payable to suppliers of merchandise decreased $350,000 during the year.4. accrued expenses payable decreased $100,000 during the year.5. administrative expenses include depreciation expense of $110,000.instructionsprepare the operating activities section of the statement of cash flows for the year ended november 30, 2014, for paxson company, using the indirect method.net cash provided $1,940,000