Creighton inc has invested 2165800 on equipment the firm

Assignment Help Accounting Basics
Reference no: EM13601746

Creighton, Inc., has invested $2,165,800 on equipment. The firm uses payback period criteria of not accepting any project that takes more than four years to recover costs. The company anticipates cash flows of $424,386, $512,178, $561,755, $764,997, $816,500, and $825,375 over the next six years. What is the payback period, and does this investment meet the firm's payback criteria?

Reference no: EM13601746

Questions Cloud

What is the mc of producing the additional engine what is : firm a makes and sells motorcycle. the total cost of each cycle is the sum of the cost of frames assembly and engine.
The heater surface is exposed to air that is also at : a cartridge electrical heater is shaped as a cylinder of length l 200 mm and outer diameter d 20 mm. under normal
Question spring stretches by 00186 m when a 324-kg object : question spring stretches by 0.0186 m when a 3.24-kg object is suspended from its end. how much mass should be attached
Smith and jones each own tracts of land because of the : smith and jones each own tracts of land. because of the location of their current operations each would prefer to have
Creighton inc has invested 2165800 on equipment the firm : creighton inc. has invested 2165800 on equipment. the firm uses payback period criteria of not accepting any project
The inner and outer surface temperatures of a glass window : the inner and outer surface temperatures of a glass window 5 mm thick are 15degc and 5degc. what is the heat loss
Aquaman stock has exhibited a standard deviation in stock : aquaman stock has exhibited a standard deviation in stock returns of 0.7 whereas green lantern stock has exhibited a
If 615 l of oxygen at 18c and an absolute pressure of 245 : if 61.5 l of oxygen at 18c and an absolute pressure of 2.45 atm are compressed to 48.8l and at the same time the
Equipment acquired on january 3 2007 at a cost of 504000 : equipment acquired on january 3 2007 at a cost of 504000 has an estimated useful life of 12 years has an estimated

Reviews

Write a Review

Accounting Basics Questions & Answers

  What entries would be made to record income tax expenses

Htech Corp. started its operation in 2010 and has a $550,000 net operating loss when the tax rate is 35%. In 2011, the company has $680,000 taxable income and the tax rate is revised to 40% in early 2011.

  Using alternate valuation date

Ted died on May 3. At the time of his death, he owned a beach house valued at $250,000. On June 10, the beach house was completely destroyed by a hurricane and there was no insurance coverage. If the executor elects to use the alternate valuation ..

  On 4 2011 watts co purchased 40000 shares 40 of the common

on 4 2011 watts co. purchased 40000 shares 40 of the common stock of adams corp. paying 800000. there was no goodwill

  Compare the primary auditor objectives in auditing

compare the primary auditor objectives in auditing historical financial statements to auditing internal controls over

  Should the company accept or reject the offer

Calculate the combined total net income if the company accepts the offer to sell additional units at the reduced price of $13 per unit (Normal value? Additional value? Combined value?)

  Determine tonya adjusted gross income

Tonya had the following items for last year: Determine Tonya's adjusted gross income for the current year?

  What comparable businesses pay their presidents

She did not take any salary from the business for its first two years of operations. She is now receiving a salary that is 150 percent of what comparable businesses pay their presidents.

  Texas had a herd of cattle including heifers and steers

texas had a herd of cattle including heifers and steers that have not yet been weaned. texas does not anticipate

  Explain adjusted trial balance debit column

Presented below is the format of the worksheet presented in the chapter.

  Insurance policy-utility function

What is the highest price that you would be willing to pay for an insurance policy that fully insures you in the event that your house burns down?

  Sanilac county has a lease on a lawn mower for 2500 per

sanilac county has a lease on a lawn mower for 2500 per month and .02 per minute of operation. operating costs for fuel

  Which of the following is reported as an operating activity

which of the following is reported as an operating activity in the statement of cash flows? the payment of

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd