Pare long-haul inc is considering the purchase of a

Assignment Help Accounting Basics
Reference no: EM13599762

Pare Long-Haul, Inc. is considering the purchase of a tractor-trailer that would cost $104,520, would have a useful life of 6 years, and would have no salvage value. The tractor-trailer would be used in the company's hauling business, resulting in additional net cash inflows of $24,000 per year. The internal rate of return on the investment in the tractor-trailer is closest to?

Reference no: EM13599762

Questions Cloud

Denny corporation is considering replacing a : denny corporation is considering replacing a technologically osdolete machine with a new state of the aret numerically
The management of malit corporation is investigating an : the management of malit corporation is investigating an investment in equipment that would have a useful life of 9
The cost of goods sold in a retail store totaled 650000 : the cost of goods sold in a retail store totaled 650000. fixed selling and administrative expenses totaled 115000 and
Picado inc is investigating an investment in equipment that : picado inc. is investigating an investment in equipment that would have a useful life of 8 years. the company uses a
Pare long-haul inc is considering the purchase of a : pare long-haul inc. is considering the purchase of a tractor-trailer that would cost 104520 would have a useful life of
You are a tax preparer and one of you clients comes to you : you are a tax preparer and one of you clients comes to you frustrated about why there are so many tax law changes. he
If total assets increased 150000 during the year and total : at the beginning of the year hernandez company had total assets of 800000 and total liabilities of 500000. answer the
The 2010 balance sheet of greystone inc showed current : the 2010 balance sheet of greystone inc. showed current assets of 3190 and current liabilities of 1480. the 2011
Evaluate the factors that help to determine that market : evaluate the factors that help to determine that market value of stock. consider the factors that are most relevant to

Reviews

Write a Review

Accounting Basics Questions & Answers

  The market prices of sammys stock were as follows january 1

on january 1 2012 sammy corp. granted an employee an option to purchase 9000 shares of sammys 5 par value common stock

  During february 400 units in process on february 1 were

homestyle soup co. uses a process cost system to record the costs of processing soup which requires the cooking and

  Definition of variable overhead efficiency variance

The part of the variable overhead budget variance due to the difference between actual hours required and standard hours allowed for work done is called the:

  Determine whether to replace an existing asset

A firm is trying to determine whether to replace an existing asset. The proposed asset has a purchase price of $50,000 and has installation costs of $3,000. The asset will be depreciated over its five year life using the straight-line method.

  A physical count on may 31 2010 shows 2000 units of part mo

zimmerman corp. had 1500 units of part m.o. on hand may 1 2010 costing 21 each. purchases of part m.o. during may were

  A manufacturing company that produces a single product has

a manufacturing company that produces a single product has provided the following data concerning its most recent month

  The most famous users of sampling methodologies

Statistical sampling techniques and methodologies are used in many facets of its mission by the U.S. Census Bureau (USCB) and is among the most famous users of sampling methodologies.

  Accounting problem for yates corporation

Yates Corporation began operations on January 2, 2010. It employs 15 people who work 8-hour days. Each employee earns 10 paid vacation days annually. Please prepare journal entries to record the transactions related to paid vacation days during 201..

  Assume that the marketing manager changes the sales mix of

basu company produces two types of sleds for playing in the snow basic sled and aerosled. the projected income for the

  Auditors found out that campbell was delaying payments to

auditors found out that campbell was delaying payments to creditors at year end and selling inventories as huge

  Using a 12 discount rate compute the net present value of

jessica nekton received 150000 from her mothers estate. she placed the funds into the hands of a broker who purchased

  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