Red Hot Chili Peppers Co. had the following activity in its most recent year of operations. Classify the items as (1) operating - add to net income; (2) operating - deduct from net income; (3) investing; (4) financing; or (5) significant noncash investing and financing activities. Use the indirect method.

(a)Purchase of equipment.
(b)Redemption of bonds payable.
(c)Sale of building.
(d)Depreciation.
(e)Exchange of equipment for furniture.
(f)Issuance of capital stock.
(g)Amortization of intangible assets.
(h)Purchase of treasury stock.
(i)Issuance of bonds for land
(j)Payment of dividends.
(k)Increase in interest receivable on notes receivable.
(l)Pension expense exceeds amount funded.

Using the exxon data as an example what would be the market capitalization of penny's pickles if each share is selling for $175.35?

Cardinal company is considering a project that would require a $2,725,000 investment in equipment with a useful life of five years. at the end of five years, the project would terminate and the equipment would be sold for its salvage value of $400,000. the company’s discount rate is 14%. the project would provide net operating income each year as follows: sales $2,867,000 variable expenses 1,125,000 contribution margin 1,742,000 fixed expenses: advertising, salaries, and other fixed out-of-pocket costs $706,000 depreciation 465,000 total fixed expenses 1,171,000 net operating income $571,000 1. which item(s) in the income statement shown above will not affect cash flows? (you may select more than one answer. single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. any boxes left with a question mark will be automatically graded as incorrect.) (a)sales (b)variable expenses (c) advertising, salaries, and other fixed out-of-pocket costs expenses (d) depreciation expense 2. what are the project’s annual net cash inflows? 3.what is the present value of the project’s annual net cash inflows? (use the appropriate table to determine the discount factor(s) and final answer to the nearest dollar amount.) 4.what is the present value of the equipment’s salvage value at the end of five years? (use the appropriate table to determine the discount factor(s) and final answer to the nearest dollar amount.) 5.what is the project’s net present value? (use the appropriate table to determine the discount factor(s) and final answer to the nearest dollar amount.)

Your own record of all your transactions. a. check register b. account statement