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Laura Corporation is considering the purchase of new equipment with a cost of $41,000. The expected cash inflow from the use of this equipment is $10,000 per year of the next five years. The required rate of return is 10 percent.
Calculate the Internal Rate of Return (6 points).
I need to know HOW to do this problem, and not just an answer...I already found the payback period to be 4.1 years and the NPV to be -3,092.13.
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The shareholders' equity of Green Corporation includes $200,000 of $1 par common stock and $400,000 of 6% cumulative preferred stock. The board of directors of Green declared cash dividends of $50,000 in 2011 after paying $20,000 cash dividends in..
Referring to the information in the question, provide four examples of accounting policy choices that ANZ may have made in determining profit that may have increased this year's profit.
Elston Company is authorized to issue 1,000,000 shares of $1 par value common stock. During 2002, its 1st year of operation the corporation has the following stock transactions:
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medtech inc. manufactures and sells diagnostic equipment used in the medical profession. its job costing system was
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