The initial estimates were that the project would cost

Assignment Help Accounting Basics

Reference no: EM13485952

Quillen Company is performing a post-audit of a project completed one year ago.

The initial estimates were that the project would cost $250,000, would have a useful life of 9 years, zero salvage value, and would result in net annual cash flows of $46,000 per year. Now that the investment has been in operation for 1 year, revised figures indicate that it actually cost $260,000, will have a useful life of 11 years, and will produce net annual cash flows of $39,000 per year. Evaluate the success of the project.

Reference no: EM13485952

Questions Cloud

Te standard deviation of the market return is 20 it the : the standard deviation of stock returns for stock a is 40. the standard deviation of the market return is 20. it the

A stock just paid a dividend of 1 the required rate of : a stock just paid a dividend of 1. the required rate of return is rs11 and the constant growth rate is 5. what is the

Scorpions other fixed costs not including the salespeoples : scorpion inc. is trying to decide whether to increase the commission based pay of its salespeople. currently each of

Mr spend has accumulated credit card loans of 15000 and is : mr. spend has accumulated credit card loans of 15000 and is finding it difficult to make payments. his local bank has

The initial estimates were that the project would cost : quillen company is performing a post-audit of a project completed one year ago.the initial estimates were that the

Drongo corporations 4-year bonds currently yield 84 percent : drongo corporations 4-year bonds currently yield 8.4 percent. the real risk-free rate of interest k is 2.7 percent and

What monthly repayments will be required with the new loan : the mortgage on your house is five years old. it required monthly payments of 1402 hadan original term of 30 years amp

Assume you are manager of a family restaurant franchise : assume you are manager of a family restaurant franchise that just opened in kansas citymo. how would you segment the

Crystal products allows customers to use bank credit cards : 1. crystal products allows customers to use bank credit cards to charge purchases. the bank used by crystal products

User Account

All Pages