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Following is information on two alternative investments being considered by Jolee Company. The company requires a 10% return from its investments.
For each alternative project compute the
(a) Net present value,
(b) Profitability index.
If the company can only select one project, which should it choose?Explain.
Suppose your audit manager has hired you to train your peers on an audit team about fraudulent financial reporting plans. Discuss and explain any five fraudulent financial reporting plans to your peers.
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A company must decide between scrapping or reworking units that do not pass inspection.
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