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!
Hawkeye Cleaners has been considering the purchase of an industrial dry-cleaning machine. The existing machine is operable for three more years and will have a zero disposal price. If the machine is disposed now, it may be sold for $60,000. The new machine will cost $200,000 and an additional cash investment in working capital of $60,000 will be required. The new machine will reduce the average amount of time required to wash clothing and will decrease labor costs. The investment is expected to net $50,000 in additional cash inflows during the year of acquisition and $150,000 each additional year of use. The new machine has a three-year life, and zero disposal value. These cash flows will generally occur throughout the year and are recognized at the end of each year. Income taxes are not considered in this problem. The working capital investment will not be recovered at the end of the asset's life.
What is the net present value of the investment, assuming the required rate of return is 24%?
Would the company want to purchase the new machine?
Enter the trial balance on a ten-column work sheet and complete the work sheet. Add accounts as needed.
lenats contribution income statement utilizing variable costing appears below lenat company income statement for the
1. suppose a firm faces a current tax rate of35 but expects to fall to 20 in the future employees on average face a
lancaster lumber supply sold 19200 worth of treated wood to singletary home builders on account on march 25 of this
1. the following information is available for completed job no. 402 direct materials 80000 direct labor 120000
pet palace provides two types of services to dog owners grooming and training. all company personnel can perform each
lake co. receives nonrefundable advance payments with special orders for containers constructed to customer
weiss company sold merchandise for which it received total cash payments of 642000. a 7 sales tax was included in the
Calculate the direct-material price and quantity variances, and the direct-labo r rate and efficiency variances. Indicate whether each variance is favorable or unfavorable.
The payroll register of Lowry Landscaping Co. indicates $1,260 of social security withheld and $315 of Medicare tax withheld on total salaries of $21,000 for the period. Federal withholding for theperiod totaled $3,822. Provide the journal entry f..
The trust fund income of $ 1,800 ($ 3,000 $ 700 $ 500) was distributed as provided in the trust agreement: two thirds to Bay Town and one third to Valley City.
bonnie and clyde are the only two shareholders in getaway corporation. bonnie owns 60 shares with a basis of 6000 and
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