A project has a profitability index of 0.32 and the present…

A project has a profitability index of 0.32 and the present value of the net cash inflows generated by the project is $18,000. What is the required initial investment for this project? Round to the nearest whole dollar amount and do not enter a dollar sign or a decimal point (e.g., enter 89, not $89.00).

Acme Company makes all its inventory sales and inventory pur…

Acme Company makes all its inventory sales and inventory purchases on account, and all of Acme’s accounts payable relate to inventory purchases. During the current year, sales revenues are $790,500, cost of goods sold is $535,700, the accounts receivable balance decreases $36,000, the inventory balance increases $28,000, and the accounts payable balance decreases $19,450. What amount of cash did Acme pay to its suppliers of inventory during the year?