User Account

All Pages

Find the initial cost of the machinery

Assignment Help Accounting Basics
Reference no: EM132829047

Question - Matina Corporation bought a piece of machinery. Selected data is presented below:

Useful life 6 years

Yearly net cash inflow P45,000

Salvage value - 0 -

Internal rate of return 18%

Cost of capital 14%

Required - Find the initial cost of the machinery?

a. P157,392.

b. P174,992.

c. P165,812.

d. impossible to determine from the information given.

Reference no: EM132829047

Questions Cloud

Methods of data collection in transit system : What were the traditional methods of data collection in the transit system?
Record issuance of the bonds on June : Record issuance of the bonds on June 30, 2016, the payment of interest on December 31, 2016, and the semi-annual interest payment on June 30, 2017
What actions can a bank pursue to protect its exposure : (a) What actions can a bank pursue to protect its exposure if it had financed Adorna Properties to purchase the disputed property.
What is deontology theory and principles : What did you absorb about the Types of Ethics? Mention and explain two examples where you can apply them. What is Deontology Theory and its principles?
Find the initial cost of the machinery : Matina Corporation bought a piece of machinery. Selected data is presented below: Useful life 6 years. Find the initial cost of the machinery
Discuss the advantages of sap : What is SAP? Discuss the advantages of SAP? Discuss different modules used in SAP Go to job advertisement sites such as careerbuilder.com
Satellite communication solutions : Some businesses have no alternative but to use satellite communication solutions.
How did indra nooyi bring transformations to pepsico : However, Noovi still isn't satisfied. She credits each of her past accomplishments as stepping stones that led her to her current success, expecting the achieve
How much is the warranty expense during the period : During 2020, Gerbs sales amounted to P3,000,000 and paid warranty costs amounting to P245,000. How much is the warranty expense during the period

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

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