How many years will the payback period be

Assignment Help Accounting Basics
Reference no: EM132695558

Questions -

Q1. If the opening balance of cash for one month is $45,000, cash receipts are estimated to be $175,000 and cash payments are estimated as $96,000; what is the opening cash balance at the beginning of the next month?

Q2. If a firm had credit sales of $196,000 for March and collected its sales 55% in the month of sale and 30% in the month following the sale and 15% 2 months following the sale, how much of March sales would be collected in cash in May?

Q3. Earth-move Ltd, a building business, intends to purchase a new excavator machine for $550,000. The annual cash flows from the new machine are expected to be $110,000 per year. The machine has a ten-year useful life. How many years will the payback period be?

Reference no: EM132695558

Questions Cloud

Thinking about data analytics : When thinking about data analytics, how does transformational leadership assist with building good data structures?
Differences between internal auditor and external auditor : Describe 3 key differences between internal auditor and external auditor. List 5 areas of the computer system which might benefit from an IT audit
What will be the levered value of the equity : The current cost of equity is 12 percent and the tax rate is 35 percent. What will be the levered value of the equity
How much capital did the ipo raise for dolby laboratories : Assuming the shares are issued at the midpoint of the price range indicated, how much capital did the IPO raise for Dolby Laboratories
How many years will the payback period be : Earth-move Ltd, a building business, intends to purchase a new excavator machine for $550,000. How many years will the payback period be
What is the number of visitors that would be needed : Variable costs of running the park are $65 per visitor and fixed costs are $1,600,030 per annum. What is the number of visitors that would be needed
What is the break-even point in sales dollars : Hugo Pty Ltd sells designer suits. If sales price per suit is $600, the variable production costs are $170 per suit, what is break-even point in sales dollars
Describe group work in terms of time and place framework : Explain why it is useful to describe group work in terms of the time/place framework. Explain why most groupware is deployed today over the Web.
Discuss how business intelligence and data science : Discuss how business intelligence/data science/data analytics can be used "for good".

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