Assume that you are a vending machine dealer. you plan to purchase a vending machine for $200,000. one year later, you are expected to sell it back and receive $224,000 as cash. what is the irr (internal rate of return) on this investment? be sure to apply the definition of irr and show your work.

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in order to buy the vending machine, you plan on borrowing $80,000 from bank at 5% of interest rate and raise $120,000 from investors at 10% of cost of equity, are you going to accept this project? why? (tax rate is 30%). show your work.

Colorado rocky cookie company offers credit terms to its customers. at the end of 2018, accounts receivable totaled $715,000. the allowance method is used to account for uncollectible accounts. the allowance for uncollectible accounts had a credit balance of $50,000 at the beginning of 2018 and $30,000 in receivables were written off during the year as uncollectible. also, $3,000 in cash was received in december from a customer whose account previously had been written off. the company estimates bad debts by applying a percentage of 15% to accounts receivable at the end of the year. 1. prepare journal entries to record the write-off of receivables, the collection of $3,000 for previously written off receivables, and the year-end adjusting entry for bad debt expense.2. how would accounts receivable be shown in the 2018 year-end balance sheet?