What is the payback period for this project

Assignment Help Managerial Accounting
Reference no: EM133417512

Question:

What is the future value of $1,200, placed in a saving account for four years if the account pays 6.00%, compounded quarterly? (Your answer should be correct to two decimal places.)

Your brother, who is 6 years old, just received a trust fund that will be worth $24,000 when he is 21 years old. If the fund earns 0.10 interest compounded annually, what is the value of the fund today? Round to two decimal places.

If you were to borrow $8,000 over five years at 0.11 compounded monthly, what would be your monthly payment? Round to two decimal places.

Use the following information to calculate your company's expected return.

State

Probability

Return

Boom

20%

0.17

Normal

60%

0.12

Recession

20%

-0.20

Round to two decimal places.

You have invested 30 percent of your portfolio in Jacob, Inc., 40 percent in Bella Co., and 30 percent in Edward Resources. What is the expected return of your portfolio if Jacob, Bella, and Edward have expected returns of 0.03, 0.18, and 0.12, respectfully?

Round to two decimal places.

A project has the following cash flows:

 0

 1

 2

 3

($500)

$120.00

$200

$250.00

What is the project's NPV if the interest rate is 6%?

Round to two decimal places.

Christopher Electronics bought new machinery for $5,120,000 million. This is expected to result in additional cash flows of $1,200,000 million over the next 7 years. What is the payback period for this project? Their acceptance period is five years.

 

Reference no: EM133417512

Questions Cloud

Why would time-driven abc applications be advantageous : Why would time-driven ABC (TABC) applications be advantageous in a move toward ABC application within a supply chain management framework for your chosen
What is the benefit or drawback of leasing the building for : What is the benefit or drawback of leasing the building for 10 years at $5,000 per year. It was estimated that the building is worth $32,000 and had a 30-year
What are the differences between financial accounting : What are the differences between financial accounting and the management accounting? How management accounting does helps make data driven management decisions?
Explain the reason there are items on the shelves : Explain the reason there are items on the shelves that do not sell, but are still there. Also, do convenience store companies receive any money from
What is the payback period for this project : What is the future value of $1,200, placed in a saving account for four years if the account pays 6.00%, compounded quarterly? (Your answer should be correct
How do the vision and mission statement on the company : How do the vision and mission statement on the company's website relate to its definition of sustainability, if at all? Who are the stakeholders?
Determine the percent difference between the given values : Determine the percent difference between the given values? We already know one number is 30% higher than budget. How much higher is the other?
What is the theoretical flow time for this process : What is the theoretical flow time for this process What is the capacity of the process in terms of houses per hour
Describe the main sources of revenue and major expenses : Provide the job posting information, such as company name and job title. What are the main responsibilities and the day-to-day responsibilities of the financial

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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