Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
The Community College registrar's office is considering replacing some Canon copiers with faster copiers purchased from Kodak. The office's 4 Canon machines are expected to last 5 more years. They can each be sold immediately for $600; their resale value in 5 years will be zero. The total cost of the new Kodak equipment will be $111,000; the equipment will have a life of 5 years and a total disposal value at that time of $1,900. The 4 Canon operators are paid $7.90 an hour each. They work a 40-hour week and 50 weeks a year. The machines break down periodically, resulting in annual repair costs of $1,140 for each machine. Supplies cost $1,440 a year for each Canon copier. The Kodak system will require only 2 regular operators. Kodak has offered the college a maintenance contract that covers all machine breakdowns; the cost of the contract is $720 per year. Total cost for all supplies will be $290 per month. Questions 1 & 2
1. What is the annual recurring cash flow if Lansing keeps the Canon copiers?
2. What is the annual recurring cash flow if Lansing buys the Kodak copiers? Questions 3 & 4
3. Assuming a discount rate of 5%, what is the net present value if Lansing keeps the Canon copiers?
4. Assuming a discount rate of 5%, what is the net present value if Lansing buy the Kodak copiers?
marsden manufactures a cat food product called special export. marsden currently has 10000 bags of special export on
Prepare the journal entry for these transactions under the cost method of accounting for treasury stock.
On January 1, 2011, Nana Company paid $100,000 for 8,000 shares of Papa Company common stock. These securities were classified as trading securities.
morganton company makes one product and it provided the following information to help prepare the master budget for its
atlas steel company produces three grades of steel high good and regular grade. each of these products grades has high
1nbspnbspnbspnbspnbsp the following items were among those that were reported on dye co.s income statement for the year
Prepare journal entries for the above transactions.
Analyze: what annual per-share dividend was paid to common stockholders in 2010?
royal carpet cleaning provided 90000 of services during 2011 its first year of operations. all customers paid for the
Frogger Company uses a job order cost accounting system. On January 1, $15,000 of direct materials and $3,500 of indirect materials were requisitioned for production. Prepare the general journal entry to record this requisition.
assume that ibm leased equipment that was carried at a cost of 150000 to sharon swander company. the term of the lease
mike purchased a heavy-duty truck five year class recovery property for his delivery service on april 30 2008. the
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd