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Quillen Company is performing a post-audit of a project completed one year ago. The initial estimates were that the project would cost $241,582, would have a useful life of 9 years, zero salvage value, and would result in net annual cash flows of $46,200 per year. Now that the investment has been in operation for 1 year, revised figures indicate that it actually cost $250,521, will have a useful life of 11 years, and will produce net annual cash flows of $39,491 per year. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Evaluate the success of the project. Assume a discount rate of 11%. (If the net present value is negative, use either a negative sign preceding the number eg -45 or parentheses eg (45). Round present value answers to 0 decimal places, e.g. 125.) Original estimate net present value $Entry field with incorrect answer Revised estimate net present value $Entry field with incorrect answer The project Entry field with correct answer a success.
Advise Mr. Perry on purchase he is considering. How should note payable and the equipment be valued?
using the library internet and any other materials locate and read articles on project management methodologies. many
1.Review the opening feature of this chapter dealing with ash&dans and the entrepreneurial owners, Ashley Cook and Danielle Dankner.
The request should specify all the details of Brent's and Den's plan that will motivate the bank to grant the loan. Include a budgeted income statement for the first six months of the copy centre's operation.
Having trouble setting up journal entries, I know accounts recievable would be increasing and sales discounts would be be credited? Would much appreciate some help.
As part of your financial planning, you wish to purchase a new car exactly 6 years from today. The car you wish to purchase costs $11000 today, and your research indicates that its price will increase by 2% to 4% per year over the next 6 years. Estim..
Build a spreadsheet:Construct an Excel spreadsheet to solve the preceding requirement. Show how the solution will change if the following information changes: actual output was 13,350 cases, and actual variable overhead was $609,000.
Using the information in the table below, determine how much of the supplies variance is due to a change in volume.
A corporation uses a FIFO perpetual inventory system. What was the amount of the ending inventory for the month of August?
Cost of office furniture acquired and placed in service and Depreciation on assets purchased prior to 2012: 28,000
Which of the following cost items should be classified as a prevention cost on a cost of quality report? What is the amount of overallocated or underallocated overhead for the year?
If it is impracticable to determine the cumulative effect of applying a change in accounting principle to any prior period, the new accounting principle shall be applied as if the change was made prospectively as of the earliest date practicable.
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