What is the approximate IRR for a project that costs $160,000 and provides cash inflows of $55,000 for 4 years?

Which of the following is included in the third part of the marketing strategy statement?

A) the planned value proposition B) distribution strategy C) the product's planned price D) marketing budget E) the planned long-run sales

Rawhide Outfitters had projected its sales for the first six months of 2012 to be as follows:

Jan. $50,000 April $180,000 Feb. $60,000 May $240,000 Mar. $100,000 June $240,000 Cost of goods sold is 60% of sales. Purchases are made and paid for two months prior to the sale. 40% of sales are collected in the month of the sale, 40% are collected in the month following the sale, and the remaining 20% in the second month following the sale. Total other cash expenses are $40,000/month. The company's cash balance as of March 1st, 2012 is projected to be $40,000, and the company wants to maintain a minimum cash balance of $15,000. Excess cash will be used to retire short-term borrowing (if any exists). Fielding has no short-term borrowing as of March 1st, 2012. Assume that the interest rate on short-term borrowing is 1% per month. How much short term financing is needed by March 30, 2012? A) $70,000 B) $15,000 C) $110,000 D) $85,000