I want answers as three short essay and separate each question with they own answer and references alone.
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Question 1
The controller at Ranyah Corporation analyzed a proposed equipment purchase for the firm and decided that the investment met all the firm’s criteria regarding payback, net present value, and internal rate of return. Notwithstanding the positive results, top management decided to reject purchase of the machine. Elaborate on why a firm might reject a project even though it satisfies all the capital budgeting analyses.
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Question 2
While it is not required, some firms are now including triple bottom line reporting in their annual report to shareholders. Define triple bottom line reporting and expand on its importance in management’s reports to shareholders.
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Question 3
Select one type of creditor or investor from the list below:
- vendor (supplier of goods or products)
- bank providing short-term financing
- bank providing long-term loan (10 years or more)
- bond investor
- investor in common stock
Discuss at least three specific financial ratios that creditors or investors would be most interested in when analyzing financial statements, and why.


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