Mountain Frost is considering a new project with an initial cost of $247,000. The equipment will be depreciated on a straight-line basis to a zero book value over the four-year life of the project. The projected net income for each year is $24,300,$21,300, $27,400, and $18,700, respectively. What is the average accounting return?

A project that costs $22,500 today will generate cash flows of $4,700 per year for seven years. What is the project’s payback period?

Some people say that technology can change culture. Neil Postman worries that television:

Our firm is investing in its production capacity. The expansion will require a $760,000 investment in new property, plant, and equipment. The expansion will increase sales, which will necessitate an investment of $20,000 and $45,000 in new inventory and accounts receivable, respectively. Expanded sales will require more materials from our suppliers, which will increase our accounts payable by $40,000. What is the investment’s initial cost?

What is the price of a $1,000-bond that has a yield to maturity of 12.5 percent if it matures in 13 years and pays an 10 percent, semiannual coupon?

African American women were granted the right to vote in

In 2018, the plurality of survey respondents identified as:

Among the niches that the new radio fills are all of the following EXCEPT:

A member of the Goldman Sachs board of directors might also serve on the board of directors of another financial corporation, such as Lehman Brothers. This pattern would illustrate the operation of

Jeff has a bag of peanut M and M’s with 6 green, 5 red, 4 brown, 6 blue, 4 yellow, and 6 orange. What is the probability he will reach into the bag and randomly select a red or green M and M? Express your answer as a simplified fraction.  Be sure to type  your answer in the box below for credit.