Financial statements should be prepared before any adjustments are made

The following information is provided by Dinovo Systems

Project A Project B Project C Project D Initial investment $438,000 $218,000 $560,000 $516,000 PV of cash inflows $582,000 $388,000 $800,000 $394,000 Payback period (years) 3.6 3.2 4.0 2.0 NPV of project $144,000 $170,000 $240,000 $122,000 Calculate the profitability index for Project B. Show your calculations and round to two decimal places. What will be an ideal response

The average demand for an item is 1000 per month. The mean absolute deviation of monthly

demand is 300 units. The MAD for yearly sales will be approximately: A) 3464 units. B) 3600 units. C) 12,000 units. D) 1040 units. E) none of the above