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!
Doug’s Custom Construction Company is considering three new projects, each requiring an equipment investment of $22,440. Each project will last for 3 years and produce the following net annual cash flows. Year AA BB CC 1 $7,140 $10,200 $13,260 2 9,180 10,200 12,240 3 12,240 10,200 11,220 Total $28,560 $30,600 $36,720 The equipment’s salvage value is zero, and Doug uses straight-line depreciation. Doug will not accept any project with a cash payback period over 2 years. Doug’s required rate of return is 12%. Click here to view PV table. Click here to view PV of Annuity table. (a) Compute each project’s payback period. (Round answers to 2 decimal places, e.g. 15.25.) AA years BB years CC years Which is the most desirable project? The most desirable project based on payback period is Which is the least desirable project? The least desirable project based on payback period is (b) Compute the net present value of each project. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45). Round final answers to the nearest whole dollar, e.g. 5,275. For calculation purposes, use 5 decimal places as displayed in the factor table provided.) AA BB CC Which is the most desirable project based on net present value? The most desirable project based on net present value is . Which is the least desirable project based on net present value? The least desirable project based on net present value is .
On January 1, 2014, Fishbone Corporation sold equipment to Lost Company that cost $250,000 and that had accumulated depreciation of $100,000 on the date of sale. Record the 1/1/14 transaction for Fishbone and all necessary entries from 2014-2016. Re..
What is the impact of this method of creating the profit-and-loss statement on management decision making - what is the impact of this method of creating the profit-and-loss statement on business performance
What is the normal spoilage rate?Prepare the journal entries to record the normal spoilage, assuming the following:The spoilage is related to a specific job.The spoilage is common to all jobs.The spoilage is considered to be abnormal spoilage.
Currently directors, not shareholders, have the right to manage corporate business. What might happen if shareholders won part of that role? What are your thoughts on the wisdom of letting shareholders have decision-making power in a corporation?
Associations- Describe how this organization is a resource for Accounting. List at least five associations that would be useful for Accounting along with the URL or other location of information you found about them.
In 2016, Long Construction Corporation began construction work under a three-year contract. The contract price is $2,100,000. Long recognizes revenue over time according to percentage of completion for financial reporting purposes. What was the cost ..
Do the following decisions have the same precedential value: (1) Tax Court regular decisions, (2) Tax Court memo decisions (3) decisions under the small cases procedure of the Tax Court? Why?
A pension fund manager is considering three mutual funds. The first is a stock fund, the second is a long-term government and corporate bond fund, and the third is a T-bill money market fund that yields a cure rate of 5.3%.
Illustrate what is the suggested share price? if the dividends are suspended for 2 years and then continue as before, will the preferred share price rise or fall?
why does the circuit dept. have incentive to overproduce.(2) If circuit department does not overproduce, what is the effect of the process improvement on the labor efficiency variance?
An asset impairment occurs when the asset's carrying amount exceeds the
The Caldwell Herald newspaper reported the following story - Frank Ormsby of Caldwell is the states newest millionaire. By choosing the six winning numbers on last weeks state lottery
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