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41 . The primary reason that company projects with positive net present values are considered acceptable is that : 42 . What is the net present value of a project with an initial cost of $ 36,900 and cash inflows of $ 13,400 , $ 21,600 , and $ 10,000 for Years 1 to 3 , respectively ? The discount rate is 13 percent . 43 . Flatte Restaurant is considering the purchase of a $ 10,800 soufflé maker . The soufflé maker has an economic life of five years and will be fully depreciated by the straight-line method . The machine will produce 2,400 soufflés per year , with each costing $ 2.80 to make and priced at $ 5.65 . Assume that the discount rate is 16 percent and the tax rate is 35 percent . What is the NPV of the project ? ( Do not round intermediate calculations and round your answer to 2 decimal places , e . g ., 32.16 .) Should the company make the purchase ? 44 . A project costing $ 6,200 initially should produce cash inflows of $ 2,860 a year for three years . After the three years , the project will be shut down and will be sold at the end of Year 4 for an 45 . Down Under Boomerang , Inc ., is considering a new three-year expansion project that requires an initial fixed asset investment of $ 2.73 million . The fixed asset will be depreciated straight-line to zero over its three-year tax life , after which it will be worthless . The project is
What is the project ’ s NPV ? ( Do not round intermediate calculations and round your answer to 2 decimal places , e . g ., 32.16 .) 1 . Financial managers should primarily strive to : 8 . You invested in long-term corporate bonds and earned 6.1 percent . During that same time period , large-company stocks returned 12.6 percent , long-term government bonds returned 5.7 percent , U . S . Treasury bills returned 4.2 percent , and inflation averaged 3.8 percent . What average risk premium did you earn ? 11 . Which one of the following accounts is included in stockholders ' equity ? 18 . Galaxy United , Inc . What is the days ' sales in receivables ? ( use 2009 values ) 19 . Marcie ' s Mercantile wants to maintain its current dividend policy , which is a payout ratio of 35 percent . The firm does not want to increase its equity financing but is willing to maintain its current debt-equity ratio . Given these requirements , the maximum rate at which Marcie ' s can grow is equal to : 20 . The maximum rate at which a firm can grow while maintaining a constant debt-equity ratio is best defined by its : 21 . The return on equity can be calculated as :