Problem: Inventory Valuation

Company ABC uses the FIFO method for inventory valuation. They purchased $100$ units of a product at $$10$ each, then $200$ units at $$12$ each. If they sold $150$ units during the period, calculate the value of ending inventory using FIFO.

Problem: Net Present Value $($NPV$)$ Calculation

A project requires an initial investment of $$100,000$ and is expected to generate cash flows of $$30,000$ annually for $5$ years. If the discount rate is $10\%,$ calculate the net present value $($NPV$)$ of the project.

Problem: Accounts Receivable Turnover Ratio

Calculate the accounts receivable turnover ratio for a company with annual credit sales of $$500,000$ and an average accounts receivable balance of $$100,000.$

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