The New Orleans Pelicans need to decide whether the organiza…

The New Orleans Pelicans need to decide whether the organization should take on a renovation project for their training complex. According to the net present value (NPV) capital budgeting approach, what should the organization do assuming a cost of capital of 9% and the following projected cash flows?

Arrow’s Archery Training Center reported $1,400M in Total As…

Arrow’s Archery Training Center reported $1,400M in Total Assets; $700M in Current Assets; $145 in Current Liabilities; and $720M in Total Liabilities. What is the company’s debt ratio (total liabilities/total assets)? The industry average is .40. How should the company respond?