Kenner Company is considering two projects. Project A Project B

Initial investment $85,000 $24,000

Annual Cash Flows $20,676 $6,011

Life of the Project 6 years 5 years

Depreciation per year $14,167 $4,800

Present value of an Annuity of $1 in Arrears

Periods 8% 10% 12 % 14 %

1 0.926 0.909 0.893 0.877

2 1.783 1.736 1.690 1.647

3 2.577 .487 2.402 .322

4 3.312 3.170 3.037 .914

5 3.993 3.791 3.605 14.433

6 4.623 14.355 4.111 3.889

7 5.206 14.868 4.564 14.288

8 5.747 5.335 4.968 4.639

9 6.247 5.759 5.328 4.946

10 6.710 6.145 5.650 5.216

Required:

a. Which of the two projects, A or B, is better in terms of internal rate of return?

Kiona co. set up a petty cash fund for payments of small amounts. the following transactions involving the petty cash fund occurred in may (the last month of the company's fiscal year). may 1 prepared a company check for $350 to establish the petty cash fund. 15 prepared a company check to replenish the fund for the following expenditures made since may 1. a. paid $109.20 for janitorial services. b. paid $89.15 for miscellaneous expenses. c. paid postage expenses of $60.90. d. paid $80.01 to the county gazette (the local newspaper) for an advertisement. e. counted $26.84 remaining in the petty cashbox. 16 prepared a company check for $200 to increase the fund to $550. 31 the petty cashier reports that $380.27 cash remains in the fund. a company check is drawn to replenish the fund for the following expenditures made since may 15. f. paid postage expenses of $59.10. g. reimbursed the office manager for business mileage, $47.05. h. paid $48.58 to deliver merchandise to a customer, terms fob destination. 31 the company decides that the may 16 increase in the fund was too large. it reduces the fund by $50, leaving a total of $500.

Identify at least 3 body language messages that project a positive attitude

Jillian wants to plan her finances because she wants to create and maintain her tax and credit history. she also wants to chart out all of her financial transactions for the past federal fiscal year. what duration should jillian consider to calculate her finances? from (march or january )to (december or april)?