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Point 1: St. Johns River Shipyard's welding machine is 15 years old, fully depreciated, and has no salvage value. However, even though it is old, it is still functional as originally designed and can be used for quite a while longer. A new welder will cost $182,500 and have an estimated life of 8 years with no salvage value. The new welder will be much more efficient, however, and this enhanced efficiency will increase earnings before depreciation from $27,000 to $74,000 per year.
Point 2: The new machine will be depreciated over its 5-year MACRS recovery period, so the applicable depreciation rates are 20.00%, 32.00%, 19.20%, 11.52%, 11.52%, and 5.76%. The applicable corporate tax rate is 25%, and the project cost of capital is 12%.
Question 1: What is the NPV if the firm replaces the old welder with the new one?
Westmont Company acquires all outstanding preferred shares for $214,000 and 60 percent of the common stock for $1,253,280. The acquisition-date fair value of the non controlling interest in Cold water’s common stock was $835,520. What amount of conso..
MAA261 FINANCIAL ACCOUNTING ASSIGNMENT. Determine the amounts to be recorded in the balance sheet for the newly acquired land
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1.Review the opening feature of this chapter dealing with ash&dans and the entrepreneurial owners, Ashley Cook and Danielle Dankner.
Roxanne Carter Corporation reported the following for 2014: net sales $1,207,300; cost of goods sold $725,300; selling and administrative expenses $331,300; and an unrealized holding gain on available-for-sale securities $23,200. Prepare a statement ..
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dorough expects sales on jan 2012 total 200000 and to increase 10 percent per month in feb and march.all sales are on
Suppose that a project has an accounting rate of return = 50% and that the investment is $200,000. What is the average income earned by the project?
A company has net income of $3000000. It has 600,000 weighted-average common shares outstanding and a price-earnings ratio of 17. what is the market value per share of this company's stock?
State and explain ONE main accounting principle, rule, assumption or any other concept from the conceptual framework of accounting that would be used by an accountant to solve the following problems. The credit department of ABC Ltd believes that the..
Spontaneous unsecured financing has a specific interest cost associated with it that can be at a fixed or floating rate. As firms are unable to match cash in flows to outflows with certainty, most of them need current liabillities. Accounts payable a..
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