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You are a project manager for Swirling Seas Cruises food division. You're considering two different projects regarding food services on the cruise lines. The initial cost of Project Fish'n for Chips will be $800,000 with expected cash inflows of $300,000 per quarter. Project Picnic's payback period is six months. Which project should you recommend? A. Project Fish'n for Chips because its payback period is two months shorter than Project Picnic’s B. Project Fish'n for Chips because the costs on Project Picnic are unknown C. Project Picnic because Project Fish'n for Chips' payback period is four months longer than Project Picnic’s D. Project Picnic because Project Fish'n for Chips' payback period is two months longer than Project Picnic's
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I faced a case : One person "P" registered for a plot amounted to almost Rs 400000 to a real state company, XYZ. But XYZ is unable to provide the plot even after 2 years. So they are returning back the money along with the interest. Interst amount is almost Rs 66000. XYZ company is deducting the TDS from the interest. Are this company is doing right by deducting the TDS from the interest income? The profile of person Case 1 : P is a student and don't have any income. Case 2 : P is earning more than 10000 pm if interest income is included.
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