2. Coyote Co. is considering two new projects, each requiring an equipment investment of $72,000. Each project will last for three years and produce the following annual net income. The equipment will have no salvage value at the end of its three-year life. Coyote Co. uses straight-line depreciation. Coyote requires a minimum rate of return of 12%. Present value data are as follows:InstructionsPage 11$ 6,000$ 9,00029,0009,0003 14,000 9,000$29,000$27,000Present Value of 1Present Value of an Annuity of 1Period12%Period 12%1.8931.8932.79721.6903.71232.402 (a) Compute the net present value of each project.(b) Which project should be selected? Why?

The retained earnings account has a credit balance of $24,650 before closing entries are made. if total revenues for the period are $77,700, total expenses are $56,900, and dividends are $13,050, what is the ending balance in the retained earnings account after all closing entries are made?

When paul o’neill joined alcoa as ceo, he set a , that there would be zero workplace accidents. a lot of people in the organization thought this was impossible given how dangerous some aluminum-manufacturing jobs are, but alcoa’s safety record improved tremendously. as the board of governors of the american red cross considers planning, one option is to make strategic plans and then direct managers to align tactical and operational plans accordingly. another option is to have planning specialists managers across the organization make their own plans. why might this organization’s executives opt for the latter approach? check all that apply. (a) the environment is a dynamic one, and department and frontline managers can come up with more responsive plans than can central leadership. (b)resources will be better coordinated across the organization in support of the overall strategy.(c) senior leadership will have more control over the organization’s direction. (d)when managers come up with their own plans, they are likely to be more committed to following through on them.

Which of the following would indicate an improvement in a company's financial position, holding other things constant? a. the inventory and total assets turnover ratios both decline.b. the debt ratio increases.c. the profit margin declines.d. the times-interest-earned ratio declines.e. the current and quick ratios both increase.