What is the position of the financial accounting standards


1. What is the position of the Financial Accounting Standards Board on the Black Shoals Model?

2. Project L costs $35,000, its expected cash inflows are $10,000 per year for 7 years, and its WACC is 10%. What is the project's NPV? Round your answer to the nearest cent. Do not round your intermediate calculations.

3. Are bank failures a sign of a relatively healthy industry?

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