What is the purchase price

Assignment Help Accounting Basics
Reference no: EM133012494

Question - Postal Express is considering the purchase of a new sorting machine. The sales quote consists of quarterly payments of $37,200 for four years at 7.6 percent annual interest rate. What is the purchase price?

Reference no: EM133012494

Questions Cloud

Journalize the transactions for precious gems collection : Journalize the 2020 transactions for Precious Gems Collection. During its first year of? operations, Precious Gems Collection Inc. had sales of $900,000.
Prepare a trial balance for the turner cafe : Prepare a trial balance for the Turner Cafe'. The Turner Cafe' has a general ledger with only twelve accounts. It is the end of the month and Josie Turner.
Discuss two important decisions that can be facilitated : Question - Discuss two important decisions that can be facilitated by CVP analysis for a 500-bed hospital with a level-1 trauma center
Make separate entries to record the building and equipment : Ray Mound is considering building Ray's Roundup Motel, Make separate entries to record the building and equipment depreciation expense at the end of the year.
What is the purchase price : The sales quote consists of quarterly payments of $37,200 for four years at 7.6 percent annual interest rate. What is the purchase price
Prepare a statement of owner equity for the roadster motel : Prepare a statement of owner's equity for the Roadster Motel. The balance of the owner's equity account is $51,000, and the owner drawing account has a balance.
Calculate the initial investment in high-powered machine : Bryson Sciences is planning to purchase a? high-powered microscopy machine for $390,000. Calculate the initial investment in high-powered microscopy machine
Determine the cost of food used : Determine the cost of food used. Gene Washburn owns the GW Cafe' and needs assistance in determining both cost of food used and the cost of food sold for June.
calculate the NPV of the project at the end of the five year : If there is a 18% WDA for the above investment and the corporate Tax Rate is 20%, calculate the NPV of the project at the end of the 5th year

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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