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Sunland Engineering Services is owned by François Sunland. Here is a listing of financial statement items for the business for the year ended December 31, 2021. Cash$1,200Accounts receivable1,680Supplies720Equipment7,440Accounts payable980Salaries payable548F. Sunland, capital January 1, 2021 7,800F. Sunland, drawings 5,280Service revenue17,828Rent expense5,760Salaries expense3,720Supplies expense944Utilities expense412 A) Prepare income statement B)Prepare a statement of owner's equity.  (List items that increase owner's equity first.) C)Prepare balance sheet.  (List Assets in order of liquidity.)
Answered in 19 minutes
Financial Accounting
Answer
Please refer below explanation for detailed answer.
 A Project has a cost of $65,000 and it's expected cash inflows are $12,000 per year for 9 years and the cost of capital is 10%. What is the project's IRR and MIRR?
Answered in 18 minutes
Finance
Answer
IRR=11.57%   MIRR=10.75%
 For a 5-year period, a stock had annual returns of 6.4 percent, -11.2 percent, 0.3 percent, 19.8 percent, and 13.4 percent. What is the arithmetic average return? Group of answer choices 5.74 percent 6.28 percent 7.18 percent 5.18 percent 7.09 percent
Answered in 14 minutes
Finance
Answer
Answer is 5.74 percent

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