Explain your budget to the county council

Assignment Help Accounting Basics
Reference no: EM132030122

Problem - Analyze the following scenario: River County is planning several capital acquisitions for the coming year. These include the purchase of two new garbage trucks at $150,000 each, one new bulldozer at $240,000, three new riding lawn mowers at $16,000 each, and construction of an activity center in the part for $650,000. The expected lifetime of the various capital items is 10 years for the garbage trucks, 8 years for the bulldozer, 5 years for the lawn mowers, and 40 years for the activity center. Prepare a capital budget for the items to be acquired, showing their estimated lifetimes, and their per unit and total costs.

Clearly label the calculations for the required components of the capital budget using Excel. Use formulas to show the interrelationships and format the cells to insert a comma if there is more than three numbers and round to the nearest whole number. Explain your budget to the county council.

Submit to your instructor your two-to-three page Word document (not including the title and reference pages) and your Excel worksheet. Your paper should be formatted according to APA style as outlined in the approved APA style guide, and you must cite at least two scholarly sources in addition to the textbook.

Reference no: EM132030122

Questions Cloud

List and discuss the internal controls : List and discuss the internal controls that could be implemented to prevent or detect each problem
Raw peppers or traditional pickled cucumbers : What were the advantages and disadvantages of picking pickled peppers over raw peppers or traditional pickled cucumbers?
Advantages and disadvantages of picking pickled peppers : What were the advantages and disadvantages of picking pickled peppers over raw peppers or traditional pickled cucumbers?
Hemisphere winter temperatures and summer temperatures : Explain how the Northern Hemisphere winter temperatures and summer temperatures would each change in 10,500 years, just due to precession.
Explain your budget to the county council : Clearly label the calculations for the required components of the capital budget using Excel. Explain your budget to the county council
What is your best strategy for effective practice : How might technology aid the practice phase of your speech presentation? What is your best strategy for effective practice?
Why does the speaker believe her life would be happier : Why does the speaker believe her life would be happier if she were male? Is she correct? Explain.
Characters and the setting from descriptions : What information can you glean about the characters and the setting from these descriptions?
Roots of antisemitism compared to african slavery : The Roots of Antisemitism compared to African Slavery. They are asking me for comparison, differences and examples.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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