Assume that you will receive $3,000 a year in years 1 through 5, $4,000 a year in years 6 through 8, and $5,000 in year 9 with all cash flows to be received at the ends of the years. If the WACC is 15%, then what is the present value of these cash flows if no cash is exchanged at present time? Select one: a. $6,968 b. $11,247 c. $11,714 d. $16,018 e. $19,669

Manipulation manufacturing's (amm) standards anticipate that there will be 5 pounds of raw material used for every unit of finished goods produced. amm began the month of maymay with 8,000 pounds of raw material, purchased 25,500 pounds for $ 15,300 and ended the month with 7,400 pounds on hand. the company produced 4,9004,900 units of finished goods. the company estimates standard costs at $ 1.10 per pound. the materials price and efficiency variances for the month of maymay were: