Strange manufacturing company is purchasing a production facility at a cost of $21 million. the firm expects the project to generate annual cash flows of $7 million over the next five years. its cost of capital is 18 percent. what is the internal rate of return on this project? (a) 17%(b) 18%(c) 19%(d) 20%

Dakota products has a production budget as follows: may, 16,000 units; june, 19,000 units; and july, 24,000 units. each unit requires 3 pounds of raw material and 2 direct labor hours. dakota desires to keep an inventory of 10% of the next month’s requirements on hand. on may, 1 there were 4,800 pounds of raw material in inventory. direct labor hours required in may would be:

After hearing a knock at your front door, you are surprised to see the prize patrol from a large, well-known magazine subscription company. it has arrived with the good news that you are the big winner, having won $21 million. you have three options.(a) receive $1.05 million per year for the next 20 years.(b) have $8.25 million today.(c) have $2.25 million today and receive $750,000 for each of the next 20 years.your financial adviser tells you that it is reasonable to expect to earn 13 percent on investments.

An emerging methodology to integrate the effort of the development team and the operations team to improve the functionality and security of applications is known as