A display window can be best categorized as _____ space

Pandora, Inc. is considering a five-year project that has an initial outlay or cost of $70,000. The cash inflows from its project for years 1, 2, 3, 4 and 5 are all the same at $14,000. The borrowing costs are 10%. What is the IRR?

Should Pandora use the IRR method to evaluate this project? Explain. What will be an ideal response?

Prepare journal entries to record the following transactions regarding a fire insurance policy purchased by Chang Electronics. Chang's business operates on a calendar-year basis

a. April 1, 2013 - Chang arranges to buy fire insurance. He receives a bill for $10,000 for an insurance policy that covers the period April 1, 2013 through March 31, 2014 b. April 10 - Chang pays the insurance bill. c. December 31- Chang prepares financial statements for the year ended. December 31, 2013 . He prepares an adjusting entry regarding insurance.