Preston products is considering acquiring a manufacturing plant. the purchase price is $ 1,740,000. the owners believe the plant will generate net cash inflows of $ 290,000 annually. it will have to be replaced in five years. to be profitable, the investment's payback period must occur before the investment's replacement date. use the payback method to determine whether preston products should purchase this plant.

When an interest-bearing note comes due and is uncollectible, the journal entry includes debitingaccounts receivable and crediting notes receivable and interest revenue.accounts receivable and crediting interest revenue.notes receivable and crediting accounts receivable and interest revenue.notes receivable and crediting accounts receivable.

Why is investing in a mutual fund less risky than investing in a particular company’s stock?

Retirement investment advisors, inc., has just offered you an annual interest rate of 4.4 percent until you retire in 40 years. you believe that interest rates will increase over the next year and you would be offered 5 percent per year one year from today. if you plan to deposit $13,000 into the account either this year or next year, how much more will you have when you retire if you wait one year to make your deposit?