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Prepare a balance sheet for Mullens hardware for December 31 of last year. The company's assets are cash of $9,000, accounts receivable $39,000, and merchandise inventory $80,000. The liabilities are the account payable $18,000 and wages payable $9,000. The owner's capital is $101,000.
The expected rate of inflation is 5%. The plant can be depreciated straight-line over the five-year period and profits will be taxed at 25%. Assume all cash flows occur at the end of each year except where otherwise stated. What is the NPV of the ..
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Give a brief history and the development of each theory. Discuss why the principles are important for managers in the workplace. Compare and contrast each theory.
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