Tlc corp is considering purchasing one of two new diagnostic machines. either machine would make it possible for the company to bid on jobs that it currently isn't equipped to do estimates regarding each machine are provided below. machine a machine boriginal cost 78,000 190,000estimated life 8yrs 8yrssavage value 0 0estimated nnual cash inflows 20,000 40,000estimated annual outflows 5,000 9,000calculate the net present value and the profitability index of each machine. assume a 9% discount rate. (round net present value to 0 decimal places )machine anet present value$profitiability indexmachine bnet present value$profitiability indexwhich machine should be purchased? machine a machine b

Exercise 4-9presented below is information related to martinez corp. for the year 2017.net sales $1,399,500 write-off of inventory due to obsolescence $80,440cost of goods sold 788,200 depreciation expense omitted by accident in 2016 43,600selling expenses 65,800 casualty loss 53,900administrative expenses 53,500 cash dividends declared 43,300dividend revenue 22,100 retained earnings at december 31, 2016 1,042,400interest revenue 7,420 effective tax rate of 34% on all items exercise 4-9 presented below is information relateexercise 4-9 presented below is information relate prepare a multiple-step income statement for 2017. assume that 61,500 shares of common stock are outstanding. (round earnings per share to 2 decimal places, e.g. 1.49.)prepare a separate retained earnings statement for 2017. (list items that increase retained earnings first.)