Question 32 Project X has cash flows of -$50,000, $29,400, $27,200, and $24,500 for years 0 to 3, respectively. Project has an initial cost of $40,000 and an annual cash inflow of $20,000,$25,200, and $54,500 for years 0 to 3, respectively. These are mutually exclusive projects. What is the incremental IRR?

The summarized balance sheets of Pharoah Company and Sheridan Company as of December 31, 2025 are as follows: Assets Liabilities Capital stock Retained earnings Total equities Assets Liabilities Capital stock Retained earnings Total equities Pharoah Company Balance Sheet December 31, 2025 O $444000. O $297000. O $345000. O $350000. Sheridan Company Balance Sheet December 31, 2025 $2000000 $220000 1000000 780000 $2000000 $1480000 $330000 990000 160000 $1480000 If Pharoah Company acquired a 30% interest in Sheridan Company on December 31, 2025 for $350000 and the equity method of accounting for the investment was used, the amount of the debit to Equity Investments (Sheridan) to record the purchase would have been

part b is incorrect. Can you rework it?

Hello, Can you explain why would it not be option A