Aproject will produce cash inflows of $3,100 a year for 3 years with a final cash inflow of $4,400 in year 4. the project's initial cost is $10,400. what is the net present value if the required rate of return is 16 percent?
a) -$311.02
b) -$1,007.66
c) $1,650.11
d) $2,188.98
e) $1,168.02

The following are line items from the horizontal analysis of an income statement:increase/ (decrease) increase/ (decrease) 2017 2016 amount percent fees earned $120,000 $100,000 $20,000 20% wages expense 50,000 40,000 10,000 25 supplies expense 2,000 1,700 300 15 which of the items is stated incorrectly? a. fees earned b. supplies expense c. none of these choices are correct. d. wages expense