What is the expected cash inflows for year three

Assignment Help Accounting Basics
Reference no: EM133188256

Question - North Caroline Hospital has purchased new office equipment for P134,650. The equipment is expected to last for three years and to provide cash inflows as follows:

Year 1 P 45,000

Year 2 60,000

Year 3 ?

Assuming that the equipment will yield exactly a 12% rate of return, what is the expected cash inflows for year 3?

Reference no: EM133188256

Questions Cloud

How should joan smith reply to the controller questions : Question - Joan Smith, CPA, receives a telephone call from her client, XYZ Company. How should Joan Smith reply to the controller questions
What are the ethical implications of symington actions : How do you feel Symington should have recorded these transactions? Why? What are the ethical implications of Symington actions
Discuss the challenges, risks, and accounting issues : Discuss the challenges, risks, and accounting issues surrounding business transactions where monies received from an international patron
What objectives of budgeting should or could take place : Megan: Cam, it looks like I'm going to spend much less than indicated on my July budget. What objectives of budgeting should or could take place
What is the expected cash inflows for year three : Assuming that the equipment will yield exactly a 12% rate of return, what is the expected cash inflows for year 3
Provide the closing entries : ABB company has the below information in its Income Statement at the end of the year 2021. Provide the closing entries
What will your monthly loan payment be : Question - A Bank offers you a $250,000, 3 years and 6 months term loan at 4.78 percent annual interest. What will your Monthly loan payment be
What was the dividend yield and the capital gains yield : Question - Calculating Yields - Suppose a stock had an initial price of $80 per share, What was the dividend yield and the capital gains yield
Calculate for the total manufacturing cost per unit : Question - BTS Products Company uses an automated process to manufacture its pet replica products. Calculate for the total manufacturing cost per unit

Reviews

Write a Review

Accounting Basics Questions & Answers

  Complete gain or loss on the sales of the equipment

A useful life of 5 years and a salvage value of $1000 is a depreciated using the straight line depreciation method. Complete gain or loss on the sales

  Record payment of the note and interest at maturity

Starbucks signed a 6% note and promised to repay the $440 million in 150 days. Record payment of the note and interest at maturity

  Compute what is the allowance for doubtful accounts

During the year, $412 of previously written off accounts were reinstated and accounts totaling $603 are written off.What is the allowance for doubtful accounts?

  Prepare a comparative balance sheet

Prepare a comparative balance sheet for 2012 and 2011, stating each asset as a percent of total assets and each liability and stockholders' equity item

  The manufacturing overhead budget at cutchin corporation is

the manufacturing overhead budget at cutchin corporation is based on budgeted direct labor-hours. the direct labor

  What is meant by the term relevant range

What is meant by the term relevant range? Present a chart that depicts the four steps that are necessary to develop the CVP chart

  Differenciate between financial and managerial accounting

Discuss the difference between financial and managerial accounting. Are there any regulations/rules that need to be followed under either method.

  What is the maturity value of the note on march

On Nov.1, Carter Company signed a 120-day, 10% note payable, with a face value of $9,000. What is the maturity value of the note on Mar. 1

  Amortization of bond discount or premium

A corporation issues for cash $15,000,000 of 8%, 30-year bonds, interest payable annually, at a time when the market rate of interest is 9%. The straight-line method is adopted for the amortization of bond discount or premium. Which of the followi..

  What accounting assumption

What accounting assumption, principle, or modifying convention does Target Corporation use in each of the situations below?

  Find what is the entry when the prepayment is received

JVS had car sales for 2 mill. Find What is the entry when the prepayment is received? What is the journal entry on December 31?

  Compute the total price and quantity materials variances

Neville Company's standard materials cost per unit of output is $10 (2 pounds × $5). Compute the total, price, and quantity materials variances

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