You are analyzing a project with an initial cost of £130,000. the project is expected to return £20,000 the first year, £50,000 the second year, and £90,000 the third and final year. there is no salvage value. the current spot rate is £.8211. the nominal risk-free return is 5.0 percent in the u. k. and 6.5 percent in the u. s. the return relevant to the project is 15 percent in the u. s. assume that uncovered interest rate parity exists. what is the net present value of this project in u. s. dollars?

Which of these is an example of innovation?

Afirm wants to strengthen its financial position. which of the following actions would increase its current ratio? a. reduce the company's days' sales outstanding to the industry average and use the resulting cash savings to purchase plant and equipment.b. use cash to repurchase some of the company's own stock.c. borrow using short-term debt and use the proceeds to repay debt that has a maturity of more than one year.d. issue new stock, then use some of the proceeds to purchase additional inventory and hold the remainder as cash.e. use cash to increase inventory holdings.

Cherokee inc. is a merchandiser that provided the following information: amount number of units sold 20,000 selling price per unit $ 30 variable selling expense per unit $ 4 variable administrative expense per unit $ 2 total fixed selling expense $ 40,000 total fixed administrative expense $ 30,000 beginning merchandise inventory $ 24,000 ending merchandise inventory $ 44,000 merchandise purchases $ 180,000 required: 1. prepare a traditional income statement. 2. prepare a contribution format income statement.