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Mario's Incorporated is in the process of selecting a production machine between two alternatives. Mario's cost of capital is 10%.
Instructions:
a. What is the annual rate of return for each machine? (Round to one decimal)
b. What is the payback period for each machine? (Round to two decimals)
c. What is the net present value for each machine? (Round to zero decimals)
Michelle ran her own accountancy business. During the year she was persuaded to change premises which she ran her business from, and which she rented.
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Pardee Company plans to sell 12,000 units during the month of August. If the company has 2,500 units on hand at the start of the month, and plans to have 2,000 units on hand at the end of the month, how many units must be produced during the month..
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List all the entries made by Spectacor in the final year of the lease.
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