1. What is the purpose of financial statement analysis and who would be the main users? Do you think it is important? about 300 word.
2. A project has projected cash flows of -$148,500, $32,800, $64,200, -$7,500 and $87,300 for years 0 to 4, respectively. Should this project be accepted based on the combination approach to the modified internal rate of return if both the discount rate and the reinvestment rate are 12.6 percent? Why or why not?
Yes; The MIRR is 8.81 percent.
Yes; The MIRR is 9.23 percent.
No; The MIRR is 8.81 percent.
No; The MIRR is 9.06 percent.
No; The MIRR is 9.23 percent.