Capitol city transfer company is considering building a new terminal that will require expenditures of $1 million immediately (at t = 0) and another $1 million at the end of year 1 (t = 1). it will then receive net cash flows of $0.5 million at the end of years 2-5, and it expects to sell the property and net $1 million at the end of year 6. all cash inflows and outflows are after taxes. the company's wacc is 12%, and it uses the mirr criterion for capital budgeting decisions. what is the project's mirr?

a. 11.5%
b. 11.9%
c. 11.4%
d. 12.0%
e. 11.7%

•broussard skateboard’s sales are expected to increase by 15% from $8 million in 2016 to $9.2 million in 2017. its assets totaled $5 million at the end of 2016. broussard is already at full capacity, so its assets must grow at the same rate as projected sales. at the end of 2016, current liabilities were $1.4 million, consisting of $450,000 of accounts payable, $500,000 of notes payable, and $450,000 of accruals. the after-tax profit margin is forecasted to be 6%, and the forecasted payout ratio is 40%. use the afn equation to forecast broussard’s additional funds needed for the coming year

Asavings account that pays interest every 3 months is said to have a interest period

Consider each of the following cases: case accounting break-even unit price unit variable cost fixed costs depreciation 1 127,400 $ 38 $ 25 $ 711,000 ? 2 124,000 ? 41 2,500,000 $ 900,000 3 5,753 117 ? 171,000 100,000 required: (a) find the depreciation for case 1. (do not round your intermediate calculations.) (b) find the unit price for case 2. (do not round your intermediate calculations.) (c) find the unit variable cost for case 3. (do not round your intermediate calculations.)