Acompany is considering purchasing a machine for its manufacturing process. machine a has a cost of $10,000 and a net present value of $30,000. machine b has a cost of $12,000 and a net present value of $35,000. both machines have similar risks. assuming that the company has limited funds for investment, which machine should be purchased?

a. machine a
b. machine b

The following pertains to smoke, inc.’s investment in debt securities: on december 31, year 3, smoke reclassified a security acquired during the year for $70,000. it had a $50,000 fair value when it was reclassified from trading to available-for-sale. an available-for-sale security costing $75,000, written down to $30,000 in year 2 because of an other-than-temporary impairment of fair value, had a $60,000 fair value on december 31, year 3. what is the net effect of the above items on smoke’s net income for the year ended december 31, year 3?

You hold a diversified $100,000 portfolio consisting of 20 stocks with $5,000 invested in each. the portfolio's beta is 1.12. you plan to sell a stock with b = 0.90 and use the proceeds to buy a new stock with b = 1.50. what will the portfolio's new beta be? do not round your intermediate calculations.

Match the different financial task to their corresponding financial life cycle phases