Being that we are interested in investments, we read the financial page of the newspaper

In the latest year, Photon, Inc. reported $276,000 in net income. The firm maintains a debt ratio of 30% and has total assets of $3,000,000. What is Photon's return on equity?

A) 13.1% B) 14.6% C) 22.5% D) 18.7%

How many discount rates produce a zero NPV for this project?

Wilson Flannery is concerned that this project has multiple IRRs. Year 0 1 2 3 Cash flows ?50 100 0 ?50 a. One, a discount rate of 0 percent. b. Two, discount rates of 0 percent and 32 percent. c. Two, discount rates of 0 percent and 62 percent.