Projects a and b are mutually exclusive and have normal cash flows. project a has an irr of 15% and b's irr is 20%. the company's cost of capital is 12%, and at that rate project a has the higher npv. which of the following statements is correct? a. assuming the timing pattern of the two projects' cash flows is the same, project b probably has a higher cost (and larger scale).b. assuming the two projects have the same scale, project b probably has a faster payback than project a. c. the crossover rate for the two projects must be 12%.d. since b has the higher irr, then it must also have the higher npv if the crossover rate is less than the cost of capital of 12%.e. the crossover rate for the two projects must be less than 12%.

For each of the following cases determine the ending balance in the inventory account. (hint: first, determine the total cost of inventory available for sale. next, subtract the cost of the inventory sold to arrive at the ending balance.)a. jill’s dress shop had a beginning balance in its inventory account of $40,000. during the accounting period jill’s purchased $75,000 of inventory, returned $5,000 of inventory, and obtained $750 of purchases discounts. jill’s incurred $1,000 of transportation-in cost and $600 of transportation-out cost. salaries of sales personnel amounted to $31,000. administrative expenses amounted to $35,600. cost of goods sold amounted to $82,300.b. ken’s bait shop had a beginning balance in its inventory account of $8,000. during the accounting period ken’s purchased $36,900 of inventory, obtained $1,200 of purchases allowances, and received $360 of purchases discounts. sales discounts amounted to $640. ken’s incurred $900 of transportation-in cost and $260 of transportation-out cost. selling and administrative cost amounted to $12,300. cost of goods sold amounted to $33,900.a& b. cost of goods avaliable for sale? ending inventory?