Problem related to salvage value

Assignment Help Accounting Basics

Reference no: EM13127870

Pare Long-Haul, Inc. is considering the purchase of a tractor-trailer that would cost $104,520, would have a useful life of 6 years, and would have no salvage value. The tractor-trailer would be used in the company's hauling business, resulting in additional net cash inflows of $24,000 per year. The internal rate of return on the investment in the tractor-trailer is closest to:

A. 10%

B. 8%

C. 13%

D. 11%

Reference no: EM13127870

Questions Cloud

How many grams of c6h12o6 must be added : how many grams of C6H12O6 must be added to 250g of water to lower the vapor pressure by 1.30mm Hg at 40C degrees? the vapor pressure of water at 40C degrees is 55.3mm Hg.

Objective function coefficients-constraint quantity values : Gilbert Moss and Angela Pasaic spent several summers during their college years working at archaeological sites in the Southwest.

Calculate the pressure of gas : 952 cm3 container of gas is exerting a pressure of 108 kpa while at a temperature of 48 degrees celsius. calculate the pressure of this same amount of gas in a 1236 cm3 at a temperature of 64 degrees celsius.

Confidence intervals for average daily maximum temperature : Compute 99% confidence intervals for the average daily maximum temperature in August for each of the three years in which you collected data. How do they compare?

Problem related to salvage value : Pare Long-Haul, Inc. is considering the purchase of a tractor-trailer that would cost $104,520, would have a useful life of 6 years, and would have no salvage value.

Product rule and then chain rule : Determine whether the statement is true or false. If it is true, explain why it is true. If false, give an example to show it is false.

What is its empirical formula : A substance has a molar mass of 60 g/mol with 40.0 percent carbon, 6.7 percent hydrogen, and 53.3 percent oxygen. What is its empirical formula?

Directional derivative of function : Find the directional derivative of the function at the given point in the direction of the vector v.

Multiple choice question on english : multiple choice question on english

User Account

All Pages