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!
37] Vextra Corporation is considering the purchase of new equipment costing $39,000. The projected annual cash inflow is $11,800, to be received at the end of each year. The machine has a useful life of 4 years and no salvage value. Vextra requires a 12% return on its investments. The present value of an annuity of $1 for different periods follows:
Periods
12 Percent
1
0.8929
2
1.6901
3
2.4018
4
3.0373
What is the net present value of the machine (rounded to the nearest whole dollar)?
$(35,840).
$(3,900).
$39,000.
$5,840.
$(3,160).
atlas steel company produces three grades of steel high good and regular grade. each of these products grades has high
this income statement reflects sales of 100000 mice. direct materials cost 5.00 per mouse direct labor was 1.00 per
At the beginning of 2011, Metatec Inc. acquired Ellison Technology Corporation for $600 million. In addition to cash, receivables, and inventory, the following assets and their fair values were also acquired:
jenn co.s net credit sales for the year just ended were 10 million its ending accounts receivable balance was 2 million
woodwick company issues 10 five year bonds on dec 31 2012 with a par value of 200000 and semiannual interest payments.
the diamond freight company has been offered a seven-year contract to haul munitions for the government. because this
on april 18 2011 tara wilson purchased 30 shares of abc stock for 210 and on september 29 2011 she purchased 90
the bondstreet company sells medical supplies to hospitals clinics and doctors offices. harris amp carnahan uses an erp
maui blends inc. produces and sells organically grown coffee. on july 1 2012 maui blends inc. issued 2800000 of 7-year
Prepare the December 31, 2013, shareholders equity section (assume 2013 net income was $270,000)
Phyllis believes that the firm should use straight-line depreciation for a capital project because it results in higher net income during the early years of the project's life.
on may 11 sydney co. accepts delivery of 25000 of merchandise it purchases for resale from troy corporation. with the
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