Answer:
$128,787.07
Explanation:
Initial investment = $2.32 million = $2,320,000
Depreciation = investment ÷ Useful life
= $2,320,000 ÷ 3
= $773,333.33
Operating cash flows from year 1 to year 3
= [ ( Sales - Costs - Depreciation ) × (1 - tax) ] + Depreciation
= [ ( $1,735,000 - $650,000 - $773,333.33 ) × (1 - 0.21) ] + $773,333.33
= 1019549.99 ≈ 1,019,550
Thus,
NPV = Present value of cash inflows - Present value of cash outflows
Also,
Initial investment = 
- 2,320,000
or
NPV = $128,787.07
The purchase amount that Icon Co. would record on April 2 would be: <u>c. $4,000</u>.
<h3>What is the purchase amount to be recorded?</h3>
The purchase amount that should be recorded on the date of purchase is the amount of the transaction. This does not take into account the return and discount which happened later.
This implies that Icon Co. will reduce the purchase amount on April 4 when half of the goods were returned with a contra entry. And discount will be based on the balance of $2,000 instead of $4,000.
<h3>Data and Calculations:</h3>
Purchase on April 2 = $4,000
Purchases Return on April 4 = $2,000
Thus, the purchase amount that Icon Co. would record on April 2 would be: <u>c. $4,000</u>.
Learn more about recording credit purchases at brainly.com/question/5651500
They take it back but they put their number in you house so when you get back you can call them and they will deliver the package
One of the reasons marketing is essential to the free market system is that It ensures that companies make a healthy profit.
<h3>What is free market?</h3>
A free market is a market structure where there is no interference from government but forces of demand and supply controls it.
With regards to the above, marketing ensures that products gets to the target audience to attract sales, thereby increase profits.
Learn more about free market here : brainly.com/question/13519121
#SPJ1
