Valencia industries is considering purchasing a machine

Assignment Help Accounting Basics
Reference no: EM13593479

Valencia Industries is considering purchasing a machine that will produce plastic kitchenware. The machine would be used for five years, would cost $35,000, and would have a $5000 residual value. It is expected to increase annual net cash inflows by $8,800. Valprado uses the straight-line method of depreciation. Using the above facts and the present value factors below, determine the following.

a) Payback period (Round your answer to two places after the decimal.)

b) Accounting rate of return (Round your answer to one decimal place)

c) Net Present value of the investment based on a 12 percent minimum desired rate of return (Use parentheses to indicate a negative net present value. Round your answer to the nearest dollar.)

Reference no: EM13593479

Questions Cloud

The distance from the center of the central maximum to the : a diffraction pattern is produced on a screen 148 cm from a single slit using monochromatic light of wavelength 550
Assume that you will have a 10-year 10000 loan to repay to : assume that you will have a 10-year 10000 loan to repay to your parents when you graduate from college next month. the
The pipe radius is 280 cm at the higher point located at y : water moves through a constricted pipe in steady ideal flow. at the lower point the pressure is 1.70 105 pa and the
According to dr einstein the speed of light is 186000 miles : question according to dr. einstein the speed of light is 186000 miles per second. how far will a radio wave exhibiting
Valencia industries is considering purchasing a machine : valencia industries is considering purchasing a machine that will produce plastic kitchenware. the machine would be
If the transmission axis of the analyzer makes an angle of : light of intensity i0 and polarized parallel to the transmission axis of a polarizer is incident on an analyzer. if
Consider the function y cosx-30 at what degree on the x : question consider the function y cosx-30. at what degree on the x axis in the first period 0 - 360 degrees will the
Anita vasquez received 160000 from her mothers estate she : anita vasquez received 160000 from her mothers estate. she placed the funds into the hands of a broker who purchased
Amandas bicylce lock can be opened when 4 different levers : amandas bicylce lock can be opened when 4 different levers are placed opposite their correct digit. each lever can be

Reviews

Write a Review

Accounting Basics Questions & Answers

  Townson company had gross wages of 200000 during the week

townson company had gross wages of 200000 during the week ended december 10. the amount of wages subject to social

  When should surfing usa co record the sale

When should Surfing USA Co. record the sale and suppose that with his purchase order, Finley is required to make a down payment.

  What types of structural and functional changes

Write an essay (only one page)discussing Gregoire's views. What types of structural and functional changes in organizations may be necessary to help Gregoire overcome histraditional view?

  Net income after reconciliation

What is the net income after reconciliation for throughput costing, please include the steps.

  Budegeting and comparison shopping

You are looking into purchasing computer equipment for your at-home business, personal recruiting. Since you are just starting out, you have set an initial budget of 1500.00

  Compute accounting rate of return on investment

Mahtomedi Corporation is considering investing in specialized equipment costing $240,000. The equipment has a useful life of five years and a residual value of $20,000. Depreciation is calculated using the straight line method. The expected net ca..

  Matteson corporation acquired 30 percent of the outstanding

matteson corporation acquired 30 percent of the outstanding common stock of otoole company for 1267000. this

  Important characteristics of generally accepted accounting

Explain the important characteristics of Generally Accepted Accounting Principles or standards. Why are these characteristics of GAAP important?

  A group of retired college professors has decided to form a

a group of retired college professors has decided to form a small manufacturing company. the company will produce a

  In order to fund her retirement michele requires a

in order to fund her retirement michele requires a portfolio with an expected return of 0.11 per year over the next 30

  Calculate the net benefit of outsourcing the bookkeeping

There is a general practitioner whose offices are located in the South Falls Professional Building.

  Brewer company specializes in selling used cars during the

brewer company specializes in selling used cars. during the month the dealership sold 22 cars at an average price of

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