1. Discuss how you think accounts receivable would impact a business you would like to open or work for in the future? Be sure to include in your discussion uncollectible accounts.
2. A preferred stock pays an annual dividend of $4.10. What is one share of this stock worth today if the rate of return is 9.68 percent?
3. You are considering a project that will provide annual cash inflows of $16,500, $25,700, and $18,000 at the end of each year for the next three years, respectively. What is the present value of these cash flows, given a discount rate of 12.5 percent?