please assist! the Meat Mart has computed its fixed costs to be $.38 per pound given an
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please assist!
the Meat Mart has computed its fixed costs to be $.38 per pound given an average daily sales level of 500 pounds. It charges $5.59 a pound for top-grade ground beef. The variable cost per pound is $2.64. The tax rate is 34 percent. The accounting profit breakeven point is 211.5 pounds per day. What is the amount of the depreciation expense?
2- Project Q has an initial cost of $257,412 and projected cash flows of $123,300 in Year 1 and $180,300 in Year 2. Project R has an initial cost of $345,000 and projected cash flows of $184,500 in Year 1 and $230,600 in Year 2. The discount rate is 12.2 percent and the projects are independent. Which project(s), if either, should be accepted based on its profitability index value?
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