User Account

All Pages

What lump sum amount should the company invest now

Assignment Help Managerial Accounting
Reference no: EM13962151

Largo Freightlines plans to build a new garage in three years to have more space for repairing its trucks. The garage will cost $400,000. 

Required: 

What lump-sum amount should the company invest now to have the $400,000 available at the end of the three-year period?

Assume that the company can invest money at:

a. Eight percent. 
b. Twelve percent.  

Reference no: EM13962151

Questions Cloud

What did the manufacture do to try to fix this mistake : Shortage costs occur when customer demand cannot be met because of insufficient inventory. Discuss an instance where you have (as a consumer or an employee) experienced the effects of insufficient inventory. What did the manufacture do to try to fix ..
Which selection decision making model : Which selection decision making model is most appropriate for each of the following jobs: a. Elementary school teacher b. Secretary c. Manufacturing plant manager d. Accountant e. College professor For each job explain why you selected the decision m..
What is the electric field magnitude : If the electric field at x = 0 is E0?, what is the electric field magnitude at x = -2.0 m ? What is it at x = 3.0 m and x = 6.0 m ? Express your answer in terms of the variable p and the permittivity constant e0.
Model synthesis of organization : Consider the following statements: 1. Model synthesis of organization is based on the fact that all organizations must deal with uncertainty 2. Sources of uncertainty are external as well as internal
What lump sum amount should the company invest now : What lump-sum amount should the company invest now to have the $400,000 available at the end of the three-year period?
Produce new addition to their product line : Decision Tree Problem Expando, Inc. is considering the possibility of building an additional factory that would produce a new addition to their product line. The company is currently considering three alternatives: build small plant, build large plan..
What is the number of shares held as treasury stock : Prepare journal entries for the four events (use straight-line amortization) - What was the par value of the common stock and what is the number of shares held as treasury stock?
What are the different levels of diversification firms : What are the different levels of diversification firms can pursue by using different corporate level strategies and what are the advantages to diversifying their operations?
Responsive-risk-hedging and agile supply chains : What are characteristics of efficient, responsive, risk-hedging, and agile supply chains? Can a supply chain be both efficient and responsive? Risk-hedging and agile? Why or why not?

Reviews

Write a Review

Managerial Accounting Questions & Answers

  How the cost of supervision behaves in total

Prepare a table that shows how the cost of supervision behaves in total and on a per-unit basis as production increases from 0 to 250,000 units per year, using 50,000-unit increments.

  Developing unit costs using normal costing

The Coastal Landscaping and Snow Removal company employs normal costing to assign overhead costs to firm's various jobs. Labor is charged to jobs at $25 per hour and for upcoming winter session, overhead is estimated at $200,000 for $10,000 hours ..

  How much depreciation should celty airline record

If the plane travels 54,000,000 miles the first year, how much depreciation should Celty Airline record under the units-of-production method?

  Problems changing from budget

What are some of the potential problems which might be encountered in changing from a budget to a cost estimation movie making system?

  Calculate the cost per equivalent unit for each

Calculate the cost per equivalent unit for each of the three cost items and in total. Calculate the cost of items completed in May and the cost of ending Work in Process.

  If linda were to focus on the contribution margin per unit

If Linda were to focus on the contribution margin per unit (rather than the contribution margin ratio), what would be a likely unit of service?

  Schedule of cost of goods manufactured

Preparation of a schedule of costo goods Manufactured and cost goods sold. The following cost and inventory data for the just completed year are taken from the accounting records of eccfles company:

  What might be a cause for the labor efficiency variance

What trends can you spot regarding the variances over the past three months? What might be a cause for the labor rate variance? What might be a cause for the labor efficiency variance?

  Percent coupon bonds outstanding

Debt: 3,000 7.5 percent coupon bonds outstanding, $1,000 par value, 17 years to maturity, selling for 105 percent of par; the bonds make semiannual payments.

  Find the cost per equivalent unit for conversion costs

There were 13,000 units in the ending work-in-process inventory of the Welding Department that were 60% complete with respect to conversion costs. A total of $575,360 in conversion costs were incurred in the department during the month.

  Explain why operating income is different in parts e and f

Assume that the firm adds another product to its product line and that the new product sells for $20 per unit, has variable costs of $14 per unit, and causes fixed expenses in total to increase to $63,000 per month. Calculate the firm's operating inc..

  Cmr refrigeration makes a compressor part

CMR Refrigeration makes a compressor part that it sells for $35 each. The cost of producing 30,000 parts in the prior year is as follows:

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd