What is the net present value of this capital budgeting

Assignment Help Financial Accounting
Reference no: EM132969100

Question - The Zenden Corporation is evaluating the purchase of a machine. The new machine would cost $225,000 and be depreciated for tax purposes by the straight-line method over a 7-year life to a salvage value of $15,000. In each year of the machine's life, Zenden Corp. would save $60,000. At the end of its life, the machine could be sold for its accounting salvage value of $15,000. Zenden's tax rate (federal plus state) is 35%, and it has a 12% WACC. What is the net present value of this capital budgeting project Gudjohnsen Incorporated is considering an investment that costs $62,500 and returns net cash flows of $12,000 per year for ten years. Its expected salvage value of $4,500 after the tenth year will equal the book value. Gudjohnsen has a debt ratio of 30%, a cost of debt of 6.5% and a cost of equity of 14%.

Required -

a) What is the investment's WACC?

b) Should Gudjohnsen accept the investment?

Reference no: EM132969100

Questions Cloud

Compute Hardaway earnings per share for the year : On July 21, 2021, Hardaway issued a 25% stock dividend on its common stock. Compute Hardaway earnings per share for the year
Describe current e-commerce efforts : Select a business that you are familiar with. Create a paper presentation to convince executives of that company to implement or expand their e-commerce strateg
Current covid-19 pandemic on international finance : Please discuss the impact of the current COVID-19 pandemic on international finance and exchange rate movements over the last seven or eight months.
What is the p-value for testing the significance : Jorge would like to predict the profit for 2020 based on the 2019 profit of nine stores he manages. The data are provided below (in $10000)
What is the net present value of this capital budgeting : What is the net present value of this capital budgeting project Gudjohnsen Incorporated is considering an investment that costs $62,500
Business ethics-strategies and concepts 8th edition : This chapter cites a number of factors that cause companies to engage in price-fixing. Identify the specific factors that you think were present in the ADM case
Discuss considerations involving use of hardware devices : A worldwide pandemic is prompting governments, businesses and other organizations to determine whether employees should telework. Your task is to:
What is the dollar-weighted rate of return on the investment : Using a financial calculator, Excel formulas, or simple logic reasoning, what is the dollar-weighted rate of return on the investment
Describe general service characteristics of motor carriers : Describe the general service characteristics of motor carriers and explain how these service characteristics have contributed to the growth of the motor carrier

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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