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!
Question - Coal India Ltd (CIL) has just received an order from Tata Power Ltd for supplying coal for its electric generation for the next four years. CIL does not have enough excess capacity at its existing mines to guarantee the contract. The company is considering opening a new mine on 500 acres of land purchased 5 years ago for Rs.5.0 million. However, CIL could receive Rs.5.5 million on an after tax basis if it sold the land today. CIL will need to purchase necessary equipments at Rs. 50.0 million and it will be depreciated on a five year straight line schedule. The contract runs for only four years.CIL feels that the equipment can be sold for 40% of its purchase price at the end of fourth year. The contract calls for the delivery of 500,000 tons of coal per year @ Rs. 82.0 per ton. CIL feels that coal production will be 620,000 tons, 680,000 tons, 730,000 tons, and 590,000 tons respectively over the next four years. The excess production will be sold in the spot market at an average price of Rs.76.0 per ton. Operating expenses are Rs. 40.0 per ton for four years and the company will require a net working capital investment of Rs.15.0 million every year. The net working capital will be built up in the year prior to the sales and at the end it is sold. CIL faces a 35.0% tax rate and has a 12.0% required return on new mine projects. Calculate the NPV, IRR, PI, and Payback Period for the project and comment of the financial viability. Should CIL accept the order and go ahead with the new mine project?
The partnership pays her only $50,000 for the land. How much loss does Heather realize and recognize
This information will be released to the media shortly. What is the current crisis stage according to Augustine (2000) for QFI
Assume that you own 140 shares of $14 par value common stock of a company. What will probably happen to par value per share of stock
Prepare a statement of cash flows (indirect method) for The Fashion Retailers, inc. for the year ended December 31, 20X8. Calculate the following cash flow ratios for 20X8: Operating cash flow ratio
This is only a written report that should be submitted on and no presentation is required for this assignment. In a case analysis, students' role is like a consultant and they might bring innovative solutions to the challenges facing by the case.
accounting help begin inventory 36400 sales 241000 first purchase 80420 sales 601000 second purchase 75440 sales 551000
After it appreciates in value to $10,000, he gives it to Joan. Joan turns around and sells the stock for $12,000. How much gain does Joan have to recognize
umanzor corporation uses activity-based costing to assign overhead costs to products. overhead costs have already been
imagine you have passed your cpa exam and are now employed by a fortuneacircreg 500 company. your boss tells you that
Prepare the journal entry to record the exchange in the hooks of Colton Corporation assuming that exchange has commercial substance
who charged the $700 sales price on her Visa credit card. Visa charges Cadence Retailers a 2 percent credit card fee
What depreciation rate will result in the same book values, for both the declining-balance and straight-line methods at the end of 15 years
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