User Account

All Pages

Find what the machine net present value is

Assignment Help Managerial Accounting
Reference no: EM132691868

Corn Doggy, Inc. produces and sells corn dogs. The corn dogs are dipped by hand. Austin Beagle, production manager, is considering purchasing a machine that will make the corn dogs. Austin has shopped for machines and found that the machine he wants will cost $215,000. In addition, Austin estimates that the new machine will increase the company's annual net cash inflows by $33,000. The machine will have a 12-year useful life and no salvage value.

Problem 1: Using a discount rate of 10%, the machine's net present value is:

Select one:

a. $27,837
b. None of the above
c. $0
d. $9,852

Reference no: EM132691868

Questions Cloud

Find what the average accounting rate of return or aar is : Find What the average accounting rate of return (AAR) is? The initial investment will have a useful life of 4 years and no salvage value.
Map a complete workflow for a clinical process : Map a complete workflow for a clinical process. Choose from the following list to create a visual workflow chart that includes five or more steps
Evaluate the history of cryptography : Evaluate the history of cryptography from its origins. Analyze how cryptography was used and describe how it grew within history.
Compute the present value of the loan receivable on December : Interest on the loan is payable at 9% each December 31. Compute the present value of the loan receivable on December 31, 2019
Find what the machine net present value is : Using a discount rate of 10%, the machine's net present value is? Austin estimates that the new machine will increase the company's annual net cash inflows.
Calculate the correct solution to the problem : You are required to show the following 3 steps for each problem (sample questions and solutions are provided for guidance):
Discuss about the substance abuse interventions : Substance use is another common problem among many adolescents. An important consideration is severity of use-mild, moderate, or severe-which helps clinicians.
Vulnerability refers to known weakness of asset : A vulnerability refers to a known weakness of an asset (resource) that can be exploited by one or more attackers.
Establish many-to-many relationship between two entities : Writing entity and database context classes before generating a new database is called, To establish a many-to-many relationship between two entities,

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Determine the amount of overhead lowden company

Determine the amount of overhead Lowden Company should record in the current period - What is the ending Raw Materials Inventory balance for March?

  Limitations of management accounting

What is (i) the scope and (ii) what are the limitations of management accounting in Managerial Accounting? Explain.

  Prepare a cash budget for february and march

Budgeting is an important management tool if implemented properly. Identity positive results when budgets are properly used.

  Differentiate the two types of management accounting

In answer timing and other factors that differentiate the two types of management accounting, and also explain the advantages and disadvantages of each type

  What is the operating income of exceptional events for month

The total fixed costs for the month amount to $3,400. What is the operating income of Exceptional Events for the month of June?

  Find the number of units it would have to manufacture

If Paradise Corporation plans to sell 495,000 units during next year, the number of units it would have to manufacture during the year would be

  Find adjusting entry required in connection with the note is

Find adjusting entry required in connection with the note is. On November 1, 2020, Halton Corp. purchased equipment by signing a 6-month, 4% note for $180,000.

  What is the company interest coverage ratio

Assuming that Ferez's corporate tax rate is 30%, what is the company's interest coverage ratio? In 2020, Ferez Inc. (Ferez) earned a gross profit of 40%

  Calculate expected profit and rate of return on investment

Calculate the expected profit and rate of return on investment for each division and for the company as a whole in the coming year, if Division B purchases its motors from Division A, and sells its entire output to retailers.

  How much did cash change

What is the amount of cash outflows from operating activities? What is the amount of cash inflows from operating activities? How much did cash change

  Prepare a profit forecast for the next year

Prepare a profit forecast for the next year in contribution margin statement format, on the basis of the sales forecast and cost estimates.

  Find some cost items for a commercial bank

Find below some cost items for a commercial bank. Identify the type of costs. Bank is the organization. You have to identify the SKU

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