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!
Madrano's Wholesale Fruit Company located in? McAllen, Texas is considering the purchase of a new fleet of tractors to be used in the delivery of fruits and vegetables grown in the Rio Grande Valley of Texas. If it goes through with the? purchase, it will spend ?$400,000 on eight rigs. The new trucks will be kept for 5 ?years, during which time they will be depreciated toward a ?$40,000 salvage value using? straight-line depreciation. The rigs are expected to have a market value in 5 years equal to their salvage value. The new tractors will be used to replace the? company's older fleet of eight trucks which are fully depreciated but can be sold for an estimated ?$20,000 ?(because the tractors have a current book value of? zero, the selling price is fully taxable at the? firm's 30 percent tax? rate). The existing tractor fleet is expected to be useable for 5 more years after which time they will have no salvage value. The existing fleet of tractors uses ?$200,000 per year in diesel? fuel, whereas the? new, more efficient fleet will use only ?$150,000. In? addition, the new fleet will be covered under? warranty, so the maintenance costs per year are expected to be only ?$12,000 compared to ?$35000 for the existing fleet.
a. The differential operating cash flow savings per year during years 1 through 4 for the new fleet are ??
The terminal cash flow of the new fleet is ??
b. The initial cash outlay required to replace the existing fleet with the newer tractors is ??
n July, Lee Realty sold 10 homes at the following prices: $140,000; $166,000; $80,000; $98,000; $185,000; $150,000; $108,000; $114,000; $142,000; and $250,000. Calculate the mean and median.
Biz Wiz, Inc. must purchase a laser cutter to make turbine blades they just designed. They can purcahse a high power cutter that would allow them to cut thicker
How could legislation impact on operations within your organisation in relation to innovation, project management
For what reasons should the percentage of completion method be used over the completed contract method whenever possible?
Calculate earnings per share (EPS) under each of the three economic scenarios before any debt is issued.
If Persian can issue stock at $125 per share, how many shares of common stock must be issued so that it has $600 million after flotation costs to use for its planned growth?
What is the purpose of budgeting? What is the most important part of the operating budget? And Why?
CFL's have become more popular in recent years but do they make financial sense? Suppose a typical 60 watt light bulb cost $0.44 and last for 1,000 hours. A 15 watt CFL which provides the same light costs $3.35 and lasts 12,000 hours. A kilowatt hour..
What is the organization's current business model?
Differentiate between organic matter and inorganic matter
Horizon, Inc. has sales of $250,000, costs of $150,000, depreciation expense of $30,000, and interest paid of $10,000. The tax rate is 40 percent. How much net profit after taxes did Horizon, Inc. earn for the period?
What will the account be worth in 20 years if the rate of return remains 8 percent throughout the period? B) If the money is in a taxable account instead, what will the account be worth (same conditions as before)?
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