Compute the cash payback period

Assignment Help Accounting Basics
Reference no: EM131624735

Question - Thorne Company is considering purchasing new equipment for $400,722. It is expected that the equipment will produce net annual cash flows of $46,060 over its 10-year useful life. Annual depreciation will be $40,072. Compute the cash payback period.

Reference no: EM131624735

Questions Cloud

Accountants wanted to start an accounting company : Suppose a group of accountants wanted to start an accounting company. What are the various organizational forms of business the accountants should consider?
Discuss the liability under the securities acts : Liability under the Securities Acts. Jones, CPA, audits a number of public -companies. During the past year, some deficiencies with respect to audits conducted.
Define ethical characteristic self evaluation : A character trait of a person who is open and truthful in his or her dealings with other people.It requires that people be faithful to their word
Discuss your initial reaction to the news of the outbreak : During outbreak of Ebola in West Africa in 2014, many U.S. healthcare workers and military members were exposed to the contagious disease.
Compute the cash payback period : Thorne Company is considering purchasing new equipment for $400,722. Compute the cash payback period
What information did you learn from reading the essay : What information did you learn from reading this essay? Does the essay meet the project requirements? What key features of the essay are missing?
Evaluating new golf practice equipment : Bridgton Golf Academy is evaluating new golf practice equipment. The "Dimple-Max" equipment costs $64,000, has a three-year life, and costs $7,500 per year.
Prepare general journal entries to record transactions : Prepare general journal entries to record the following transactions for the Harris Company
Describe the topic of your survey : Explain why the topic is important. How might the results of the study be used in your personal or professional life?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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