What was the andrews corporation common stock

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1. Suppose your firm is considering investing in a project with the cash flows shown below, that the required rate of return on projects of this risk class is 11 percent, and that the maximum allowable payback and discounted payback statistics for your company are 3.0 and 3.5 years, respectively. Time: 0 1 2 3 4 5 Cash flow –$238,000 $66,100 $84,300 $141,300 $122,300 $81,500 Use the payback decision rule to evaluate this project.

2. Midyear on July 31st, the Andrews Corporation's balance sheet reported: Total Liabilities of $82.529 million Cash of $10.050 million Total Assets of $224.741 million Retained Earnings of $83.363 million. What was the Andrews Corporation's common stock?

a. $68.899 million

b. $225.575 million

c. $235.625 million

d. $58.849 million

Reference no: EM131915017

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