User Account

All Pages

A company wishes to buy new equipment for 85000 the

Assignment Help Accounting Basics
Reference no: EM13583961

A company wishes to buy new equipment for $85,000. The equipment is expected to generate an additional $35,000 in cash inflows for four years. All cash flows occur at year-end. A bank will make an $85,000 loan to the company at a 10% interest rate so that the company can purchase the equipment. Use the table below to determine break-even time for this equipment.

year           Present Value of 1 at 10%

0                         1.0000

1                          0.9091

2                          0.8264

3                          0.7513

4                          0.6830

Reference no: EM13583961

Questions Cloud

Cnan and andy decide to form a new corporation ln corp : conan and andy decide to form a new corporation ln corp. conan contributes property with a basis of 10000 and a fair
Prepare a differential analysis as of october 1 2014 : on october 1 white way stores inc. is considering leasing a building and purchasing the necessary equipment to operate
The city orders a fire truck estimated to cost 140000 the : the city orders a fire truck estimated to cost 140000. the fire truck arrives with an invoice of 138000. a voucher is
Sales 290000 minus cost of goods sold 155000 equals gross : a condensed income statement by product line for celestial beverage inc. indicated the following for star cola for the
A company wishes to buy new equipment for 85000 the : a company wishes to buy new equipment for 85000. the equipment is expected to generate an additional 35000 in cash
Define stewardship and define sustainability then select : define stewardship and define sustainability. then select either the amazon rainforest deforestation is the issue or
A company is considering purchasing a machine for 21000 the : a company is considering purchasing a machine for 21000. the machine will generate an after-tax net income of 2000 per
What would the statement tell you about a firm with plenty : which of the 3 sections of the cash flow statement is most important from your perspective to investors? what would the
Compute the weighted everage number of common shares : on dec 31 2007 jamfest travel inc. had 450000 shares of no-par common stock issued and outstanding. all shares were

Reviews

Write a Review

Accounting Basics Questions & Answers

  Describe how you would change it to facilitate efficiency

Create a chart of accounts for a small business. If you are currently working in the accounting field, you may use the chart of accounts from your business as the basis of your work. Include your explanation of the structure.

  Most likely to use process costing

Which of the following would be most likely to use process costing? A. Superior Auto Body & Repair B. Crammond Custom Cabinets C. Sunshine Soft Drinks D. AJackson & Taylor Tax Service

  Adjustment on a bank reconciliation

A check correctly written and paid by the bank for $395 is incorrectly recorded on the company's books for $359. The appropriate adjustment on a bank reconciliation would be to?

  Information about partnership

Net Income for Levin-Tom partnership for 2012 was 125000. Levin and Tom have agreed to distribute partership net income according to the following plan.

  Al secured bonds having a face value of 200000 a life of

on june 30 2007 semiannual secured bonds having a face value of 200000 a life of 10 years and a coupon rate of 7 were

  Net present value of the investment of machine

The company's required rate of return is 13%. (Ignore income taxes.)What is the net present value of the investment of the machine?

  How should these expenses be reflected in yancey quarterly

On January 15, 2013, Yancey Company paid property taxes on its factory building for the calendar year 2013 in the amount of $840,000. In the first week of April 2013, Vancey made unanticipated major repairs to its plant equipment at a cost of $2,1..

  Which of the following is not the step in accounting

which of the following is not a step in the accounting process?

  What were the following amounts for 2013

Jackson Company reports the following information for the year ended December 31, 2013.

  How would you make decisions regarding large investments

how would you make decisions regarding large investments when there is so much uncertaintly about the future regarding

  Refinancing payment

Blocker, Inc. had $10,000 of notes coming due on January 10, 2011- how much of the $10,000 note should be shown as current?

  Foreign currency transactions and hedging foreign

Foreign Currency Transactions and Hedging Foreign Exchange Risk 433 EXCEL CASE-DETERMINE FOREIGN EXCHANGE GAINS AND LOSSES

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd