Lamars discount rate is 12 if the discount rate and the

Assignment Help Accounting Basics

Reference no: EM13569016

Lamar Company invested in an eqipment in a project with 8 years life and required $240,000. At the end of the 8th year, the project will be determined and the group will have 0 salvage value

Sales $300,000

Valiable expense $180,000

Contribution Margin $120000

Marketing Expense $70,000

Depreciation $30,000

Net Operating Income $20,000

Lamars discount rate is 12%. If the discount rate and the present value of an annuity of $1 at 12% for 8 years is 4.968 what is the present value of the salvage value?

Reference no: EM13569016

Questions Cloud

Prepare any adjusting entries necessary on june 30 in order : 1.on january 1 2012 oakbasket company issued bonds with a face value of 800000. the bonds carry a stated interest of 7

There were no other changes in the amount of stock : the net income after income tax of choi inc. was 15 per common share in the latest year and 60 per common share for

Variable costing versus absorption costing the mavis : variable costing versus absorption costing. the mavis company uses an absorption-costing sys- tem based on standard

Is it possible for the inventory turnover to be too high : a company that grants terms of n45 on all sales has a yearly accounts receivable turnover based on monthly averages of

Lamars discount rate is 12 if the discount rate and the : lamar company invested in an eqipment in a project with 8 years life and required 240000. at the end of the 8th year

On june 30 the board of directors of sandals inc declares a : on june 30 the board of directors of sandals inc. declares a 5-for-1 stock split on its 27000 3 par common shares. the

Objective to analyze the financial report of nike obtain an : objective to analyze the financial report of nike obtain an annual report from a corporation that is interesting to

Bank a makes a usd 10 million five-year loan and wants to : bank a makes a usd 10 million five-year loan and wants to offset the credit exposure to the obligor. a five-year credit

What do the following data taken from a comparative : what do the following data taken from a comparative balance sheet indicate about the companys ability to borrow

User Account

All Pages