A small company purchased now for $23,000 will lose $1,200 each year the first tour years. an additional $8,000 invested in the company during the fourth year will result in a profit of$5,500 each year from the fifth year through the fifteen year. At the end of 15 years, the company can be sold foe 33,000. a) determine the IRR .
b) Calculate FW if MARR=12%.
C) Calculate the ERR when the external reinvestment rate per period 12%.

Afirm wants to strengthen its financial position. which of the following actions would increase its current ratio? a. reduce the company's days' sales outstanding to the industry average and use the resulting cash savings to purchase plant and equipment.b. use cash to repurchase some of the company's own stock.c. borrow using short-term debt and use the proceeds to repay debt that has a maturity of more than one year.d. issue new stock, then use some of the proceeds to purchase additional inventory and hold the remainder as cash.e. use cash to increase inventory holdings.