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please need help solving this probelm. dont know where to start,
and have to show work....
Will someone help with this? I also need to show all work Use the following to...
Will someone help with this? I also need to show all
work
Use the following to answer question 5: Wilson Co. purchased land as a factory site for $900,000. Wilson paid $80,000 to tear down two buildings on the land. Salvage was sold for $5,400. Legal fees of $3,480 were paid for title investigation and making the purchase. Architect's fees were $31,200. Title insurance cost $2,400, and liability insurance during construction cost $2,600. Excavation cost $10,440. The contractor was paid...
Please show work Balance at Dec 2020 ($) Land Land Improvement Buildings Equipments Selected accounts included...
Please show work
Balance at Dec 2020 ($)
Land
Land Improvement
Buildings
Equipments
Selected accounts included in the property, plant, and equipment section of Lobo Corporation's balance sheet at December 31, 2019, had the following balances. Land Land improvements Buildings Equipment $300,000 140,000 1,100,000 960,000 During 2020, the following transactions occurred. 1. A tract of land was acquired for $150,000 as a potential future building site. 2. A plant facility consisting of land and building was acquired from Mendota Company...
Sandoval Gravel Company entered into each of the following transactions during 2018. Sandoval uses straight-line depreciation...
Sandoval Gravel Company entered into each of the following transactions during 2018. Sandoval uses straight-line depreciation on buildings and furniture, and the 200% declining balance method on equipment. Round all computations to the nearest dollar. A. On January 1, Sandoval paid $ 16,000 for a used John Deere 640R front end loader. The loader has a five-year useful life and a $2,500 estimated residual value. B. On April 1, Sandoval spent $20,000 on a used construction trailer complete with furniture....
Please help! I have been stuck on this problem for so long!! Thank you! 2. Kaeo...
Please help! I have been stuck on this problem for so long!!
Thank you!
2. Kaeo Koal Company, Inc. purchased a new mining machine at a total cost of $1,800,000 on the first day of its fiscal year. The firm estimates that the machine has a useful life of six years or 8,000,000 tons of coal and a residual value of $120,000 at the end of its useful life. The following schedule indicates the actual number of tons of coal...
need help on question 2. please show work Shrieves Company has been in the market for...
need help on question 2. please show work
Shrieves Company has been in the market for many years. Recently the company has decided to look seriously at a 5-year program and raise additional $15 million capital. Assume that you are the CFO of this company, and you need to decide the capital budgeting and evaluate the new program First, the company need estimate the optimal capital structure to minimize the total cost of raising new capital of the company. For...
13-15 please. i have answers i just need a breakdown of how to do the work...
13-15 please. i have answers i just need a breakdown of how to
do the work
13) Muscle Company is investing in a giant crane. It is expected to cost $6.5 million in initial investment, and it is expected to generate an end-of-year cash flow of $3.0 million each year for three years. Calculate the IRR. 13) A) 14.6 percent B) 22.1 percent C) 16.4 percent (D) 18.2 percent 14) If depreciation is $600,000 and the marginal tax rate is...
Show all work. Highlight final answer. DO NOT answer questions if you cannot answer them all....
Show all work. Highlight final answer. DO NOT answer
questions if you cannot answer them all.
15. Automated Manufacturers uses high-tech equipment to produce specialized aluminum products for its customers. Each one of these machines costs $1,480,000 to purchase plus an additional $52,000 a year to operate. The machines have a 6-year life after which they are worthless. What is the equivalent annual cost of one these machines if the required return is 16 percent? (a) -S453,657 (b) -$427,109 (c)...
This is all the information that has been provided to me to complete this question. Please help
This is all the information that has been provided to me to
complete this question. Please help
t Landscapes by Design purchased land with an office building, equipment shed, abandoned warehouse, pond with a foot bridge, parking lot and lighting for a lump-sum cost of $1,750,000. A downpayment of $495,000 was paid in cash with the balance on a long-term mortgage. The appraised values are as follows Land Pond and foot bridge Parking lot and ighting Office building Equipment shed...
This is all of the information I have for this problem. The Depr, and Acc Depr...
This is all of the information I have for
this problem. The Depr, and Acc Depr are a guess for the first
one
3 Existential Products started business in July 1, 2012 with the following purchases: Residual value Depr. Method 6 Land 7 Building 8 Parking Lot, Lighting & Fencing 9 Processing Equipment 10 Office Equipment Useful life $225,000 Indefinite $1,155,000 40 years $56,800 15 years $198,000 10 years $56,000 5 years $175,000 Straight Line $6,580 Double Declining Balance $19,800...
please show steps and work! thanks! P13-7 (similar to) Question Help (Related to Checkpoint 13.2 and...
please show steps and work! thanks!
P13-7 (similar to) Question Help (Related to Checkpoint 13.2 and Checkpoint 13.3) (Comprehensive risk analysis) Blinkeria is considering introducing a new line of hand scanners that can be used to copy material and then download it into a personal computer. These scanners are expected to sell for an average price of $104 each, and the company analysts performing the analysis expect that the firm can sell 104,000 units per year at this price for...
Will someone help with this? I also need to show all
work
Use the following to answer question 5: Wilson Co. purchased land as a factory site for $900,000. Wilson paid $80,000 to tear down two buildings on the land. Salvage was sold for $5,400. Legal fees of $3,480 were paid for title investigation and making the purchase. Architect's fees were $31,200. Title insurance cost $2,400, and liability insurance during construction cost $2,600. Excavation cost $10,440. The contractor was paid...
Please show work
Balance at Dec 2020 ($)
Land
Land Improvement
Buildings
Equipments
Selected accounts included in the property, plant, and equipment section of Lobo Corporation's balance sheet at December 31, 2019, had the following balances. Land Land improvements Buildings Equipment $300,000 140,000 1,100,000 960,000 During 2020, the following transactions occurred. 1. A tract of land was acquired for $150,000 as a potential future building site. 2. A plant facility consisting of land and building was acquired from Mendota Company...
Sandoval Gravel Company entered into each of the following transactions during 2018. Sandoval uses straight-line depreciation on buildings and furniture, and the 200% declining balance method on equipment. Round all computations to the nearest dollar. A. On January 1, Sandoval paid $ 16,000 for a used John Deere 640R front end loader. The loader has a five-year useful life and a $2,500 estimated residual value. B. On April 1, Sandoval spent $20,000 on a used construction trailer complete with furniture....
Please help! I have been stuck on this problem for so long!!
Thank you!
2. Kaeo Koal Company, Inc. purchased a new mining machine at a total cost of $1,800,000 on the first day of its fiscal year. The firm estimates that the machine has a useful life of six years or 8,000,000 tons of coal and a residual value of $120,000 at the end of its useful life. The following schedule indicates the actual number of tons of coal...
need help on question 2. please show work
Shrieves Company has been in the market for many years. Recently the company has decided to look seriously at a 5-year program and raise additional $15 million capital. Assume that you are the CFO of this company, and you need to decide the capital budgeting and evaluate the new program First, the company need estimate the optimal capital structure to minimize the total cost of raising new capital of the company. For...
13-15 please. i have answers i just need a breakdown of how to
do the work
13) Muscle Company is investing in a giant crane. It is expected to cost $6.5 million in initial investment, and it is expected to generate an end-of-year cash flow of $3.0 million each year for three years. Calculate the IRR. 13) A) 14.6 percent B) 22.1 percent C) 16.4 percent (D) 18.2 percent 14) If depreciation is $600,000 and the marginal tax rate is...
Show all work. Highlight final answer. DO NOT answer
questions if you cannot answer them all.
15. Automated Manufacturers uses high-tech equipment to produce specialized aluminum products for its customers. Each one of these machines costs $1,480,000 to purchase plus an additional $52,000 a year to operate. The machines have a 6-year life after which they are worthless. What is the equivalent annual cost of one these machines if the required return is 16 percent? (a) -S453,657 (b) -$427,109 (c)...
This is all the information that has been provided to me to
complete this question. Please help
t Landscapes by Design purchased land with an office building, equipment shed, abandoned warehouse, pond with a foot bridge, parking lot and lighting for a lump-sum cost of $1,750,000. A downpayment of $495,000 was paid in cash with the balance on a long-term mortgage. The appraised values are as follows Land Pond and foot bridge Parking lot and ighting Office building Equipment shed...
This is all of the information I have for
this problem. The Depr, and Acc Depr are a guess for the first
one
3 Existential Products started business in July 1, 2012 with the following purchases: Residual value Depr. Method 6 Land 7 Building 8 Parking Lot, Lighting & Fencing 9 Processing Equipment 10 Office Equipment Useful life $225,000 Indefinite $1,155,000 40 years $56,800 15 years $198,000 10 years $56,000 5 years $175,000 Straight Line $6,580 Double Declining Balance $19,800...
please show steps and work! thanks!
P13-7 (similar to) Question Help (Related to Checkpoint 13.2 and Checkpoint 13.3) (Comprehensive risk analysis) Blinkeria is considering introducing a new line of hand scanners that can be used to copy material and then download it into a personal computer. These scanners are expected to sell for an average price of $104 each, and the company analysts performing the analysis expect that the firm can sell 104,000 units per year at this price for...
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