You are considering the following two mutually exclusive pro…

You are considering the following two mutually exclusive projects. The crossover rate between these two projects is ___ percent and Project ___ should be accepted if the required return is greaterthan the crossover rate. Year Project A Project B 0 −$ 33,000 −$ 33,000 1 21,000 13,160 2 13,000 11,000 3 13,000 24,500

Cloche’s Hats had sales for the year of $669,200 and cost of…

Cloche’s Hats had sales for the year of $669,200 and cost of goods sold equal to 67 percent of sales. The inventory at the beginning of the year was $118,600 and the end-of-year inventory was $133,700. What was the company’s inventory period? Assume 365 days in a year.