Discounted payback period for cash flows

Assignment Help Accounting Basics
Reference no: EM13124491

An investment project has annual cash inflows of $7,900, $8,800, $7,700, and $8,000, and a discount rate of 10 percent.

Required:

What is the discounted payback period for these cash flows if the initial cost is $23,518? (Do not round your intermediate calculations.)

Multiple Choice

4.35 years

3.6 years

3.78 years

3.42 years

3.35 years

Reference no: EM13124491

Questions Cloud

Elucidate to the management of fred : Elucidate to the management of Fred how to determine whether a writeoff is permitted.
Suppose green has been using the straight-line method : Suppose Green has been using the straight-line method and switches to the sum-of-the-years'-digits method. Ignoring income taxes, what journal entry(s) should Dolley record relating to the machine for 2011?
Suppose green has been using the straight-line method : Suppose Green has been using the straight-line method and switches to the sum-of-the-years'-digits method. Ignoring income taxes, what journal entry(s) should Dolley record relating to the machine for 2011?
Elucidate to the management of fred : Elucidate to the management of Fred how to determine whether a writeoff is permitted.
Discounted payback period for cash flows : What is the discounted payback period for these cash flows if the initial cost is $23,518? (Do not round your intermediate calculations.)
Scottish writer : For this essay I would like you to choose a Scottish writer and describe what was innovative or unusual or especially perceptive about his/her work, either in the context of Scottish literature or of literature in general.
Determine the selling price of the bonds : At the time of issuance, the market interest rate for similar financial instruments is 10%. Instructions: As the controller of the company, determine the selling price of the bonds.
Identify at least two different accounting careers : Identify at least two different accounting careers that you would like to pursue. What excites you about these careers?
Explain change if the government decides : Explain how does the answer to requirement change if the government decides to depreciate this asset over a 10-year period using straight-line depreciation?

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is bens basis in the real estate after beths death

Beth, who died in January 2012, was survived by her husband, Ben. Beth's federal gross estate was equal to $6,000,000 on the date of her death.

  Financial statement analysis

ACCT212 Project 2: Financial Statement Analysis-YUM! Brands, Inc.  Description: Using the financial statements for YUM! Brands, Inc. located in Appendix A of your Textbook, you will calculate Vertical and Horizontal Analysis and the Financial Ratios ..

  Determine the total deduction for the stolen items

Jacob is an employee and used the computer 100% of the time in his employment. Although his homeowners insurance policy paid Jacob $7,000 for the stolen computer, Jacobs employer did not reimburse Jacob for any of the remainder of his loses. Jacob..

  Identify which segments are significant enough

Identify which segments are significant enough to warrant disclosure in accordance with FASB No. 131, "Reporting Disaggregated Information about a Business Enterprise," by applying the following quantitative tests:

  Determining the completion of accounting cycle

What are the steps in completing the accounting cycle? How do the different steps affect the financial statements? What is the effect on the financial statements of missing a step when completing the accounting cycle?

  Accounting cycle for merchandising company

Determine whether or not the measurement of net income for a merchandising company conceptually is the same for a service company.

  Computing preferred stock rate of return

Analogue Technology has preferred stock outstanding that pays $9 annual dividend. It has a price of $76. What is the required rate of return (yield) on the preferred stock?

  Discuss allowance method and direct write-off method

Discuss the allowance method and the direct write-off method of accounting for bad debts. When is the expense for uncollected accounts receivable recognized under each method? Respond to at least two of your classmates' postings.

  Agi and deduction

Alan, who is a security officer, is shot while on the job. As a result, Alan suffers from a leg injury and must spend most of his time in a wheelchair until his recovery. Alan's physician recommends that he install a whirlpool bath in his home for..

  Journal entries to record payroll and employer expense

Robin Bradley received a paycheck from her employer in the amount of $776.35. The paycheck stub indicated that in calculating her $776.35 net pay, $139.75 had been withheld for federal income tax, $34.25 for state income tax and $74.65 had been wi..

  Journal entries associated with changes due to error

Prepare journal entries associated with changes due to errors. How do they relate to the practice of accounting and its uses in business?

  Bonds-yield capital gain and loss

Suppose you have a bond, with a par value of $1000, that pays interest twice a year at the rate of 12%. You paid $853.29 when you purchased this bond

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