Izzy Corporation reported the following in its 2016 financial statements (in millions): (in millions) Total assets Revenues Research and development expense Net income December 31, Year 2 $96,328 $50,479 $12,740 $8,769 December 31, Year 1 $86,240 $47,052 $12,128 $9,707 What is the common-size amount for Izzy Corporation's research and development expense for Year 2

Which of the following statements accurately describes how costs and benefits are calculated?

Afinancing project has an initial cash inflow of $42,000 and cash flows of −$15,600, −$22,200, and −$18,000 for years 1 to 3, respectively. the required rate of return is 13 percent. what is the internal rate of return? should the project be accepted?

About 20 years ago, sturdy light, inc., produced a sturdy, lightweight backpack in a market that was rapidly growing. sturdy light became a leader in this market. eventually, the backpack market reached the maturity stage and slowed down. however, by this time, sturdy light had developed a strong brand name and continued to steadily lead the market. which of the following describes this scenario? a. sturdy light was a star that developed into a cash cow. b. sturdy light was a question mark that developed into a star. c. sturdy light was a dog that developed into a question mark. d. sturdy light was a cash cow that developed into a star.