Homework Answers
| Year | Annual cost savings | PV factor of 1 | Present value |
| 1 | 7000 | 0.893 | 6251 |
| 2 | 5000 | 0.797 | 3985 |
| 3 | 3000 | 0.712 | 2136 |
| Total | 12372 |
| Present value of cash flows | 12372 |
| Add: Negative Net present value | 900 |
| Initial investment | 13272 |
| Option D $13272 is correct |
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--/10 Question 7 View Policies Current Attempt in Progress Marigold Co. purchased some equipment 3 years...
Blue Spruce Co. purchased some equipment 3 years ago. The company's required rate of return is...
Blue Spruce Co. purchased some equipment 3 years ago. The company's required rate of return is 12%, and the net present value of the project was $(1200). Annual cost savings were: $14000 for year 1; 12000 for year 2; and $10000 for year 3. The amount of the initial investment was Present Value PV of an Annuity Year of 1 at 12% of 1 at 12% 1 0.893 0.893 2 0.797 1.690 3 0.712 2.402 $30386. $27624. $30024. $27986.
--/10 Question 9 View Policies Current Attempt in Progress Sheridan, Inc. is considering purchasing equipment costing...
--/10 Question 9 View Policies Current Attempt in Progress Sheridan, Inc. is considering purchasing equipment costing $40000 with a 6-year useful life. The equipment will provide annual cost savings of $9730 and will be depreciated straight-line over its useful life with no salvage value. Sheridan requires a 10% rate of return. Period 6 Present Value of an Annuity of 1 8% 9% 10% 11% 12% 15% 4.623 4.486 4.355 4.231 4.111 3.784 What is the approximate internal rate of return...
--/10 Question 10 View Policies Current Attempt in Progress Marigold Company is considering buying equipment for...
--/10 Question 10 View Policies Current Attempt in Progress Marigold Company is considering buying equipment for $260000 with a useful life of 5 years and an estimated salvage value of $10000. If annual expected income is $28000, the denominator in computing the annual rate of return is $260000 $130000. $270000 $135000
A project has estimated annual cash flows of $90,000 for 3 years and is estimated to...
A project has estimated annual cash flows of $90,000 for 3 years and is estimated to cost $250,000. Assume a minimum acceptable rate of return of 10%. Present Value of $1 at Compound Interest Year 6% 10% 12% 1 0.943 0.909 0.893 2 0.890 0.826 0.797 3 0.840 0.751 0.712 4 0.792 0.683 0.636 5 0.747 0.621 0.567 Present Value of an Annuity of $1 at Compound Interest Year 6% 10% 12% 1 0.943 0.909 0.893 2 1.833 1.736 1.690...
Question 24 of 36 -11 < > View Policies Current Attempt in Progress In Marigold Company,...
Question 24 of 36 -11 < > View Policies Current Attempt in Progress In Marigold Company, the Cutting Department had beginning work in process of 6300 units, transferred out 23500 units, and had an ending work in process of 4000 units. How many units were started by Marigold during the month? 27500 23500 21200 17200 Save for Later Attempts: 0 of 1 used Submit Answer
Question 7 View Policies Current Attempt in Progress Concord Corporation purchased a depreciable asset for $566000....
Question 7 View Policies Current Attempt in Progress Concord Corporation purchased a depreciable asset for $566000. The estimated salvage value is $29000, and the estimatedus for depreciation. What is the depreciation expere on this set? e s 10000 hours. Casoned the set for 1100 hours in the current year. The activity method will be Question 16 View Policies Current Attempt in Progress during installation and installation costs of $665. What is the cost of Marigold Corp purchased equipment for $40000...
26 of 30 > -/1 C View Policies Current Attempt in Progress Out Which of the...
26 of 30 > -/1 C View Policies Current Attempt in Progress Out Which of the following tables would show the smallest factor for an interest rate of 12% for four periods? W O Present value of an ordinary annuity of 1 O Future value of an annuity due of 1 O Future value of an ordinary annuity of 1 O Present value of an annuity due of 1 E IN e Textbook and Media Qu SEE
Question 1 View Policies Current Attempt in Progress Marigold Enterprises owns the following assets at December...
Question 1 View Policies Current Attempt in Progress Marigold Enterprises owns the following assets at December 31, 2017. Cash in bank-savings account 63.500 Checking account balance 21,900 Cash on hand 8,880 Postdated checks 870 Cash refund due from IRS 35,700 Certificates of deposit (180-day) 90,670 What amount should be reported as cash? Cash to be reported $
Below is a table for the present value of $1 at compound interest. Year 6% 10%...
Below is a table for the present value of $1 at compound interest. Year 6% 10% 12% 1 0.943 0.909 0.893 2 0.890 0.826 0.797 3 0.840 0.751 0.712 4 0.792 0.683 0.636 5 0.747 0.621 0.567 Below is a table for the present value of an annuity of $1 at compound interest. Year 6% 10% 12% 1 0.943 0.909 0.893 2 1.833 1.736 1.690 3 2.673 2.487 2.402 4 3.465 3.170 3.037 5 4.212 3.791 3.605 Using the tables...
Question 3 --12 View Policies Current Attempt in Progress Marigold Inc. uses the perpetual inventory system...
Question 3 --12 View Policies Current Attempt in Progress Marigold Inc. uses the perpetual inventory system and the weighted average cost formula to value inventories. On August 1, there were 6000 units valued at $14400 in the beginning inventory. On August 10, 10000 units were purchased for $8 per unit. On August 15, 8000 units were sold for $11 per unit. The amount charged to cost of goods on August 15 was $30400. $47200 $64000 $34400 Save for Later Attempts:...
--/10 Question 9 View Policies Current Attempt in Progress Sheridan, Inc. is considering purchasing equipment costing $40000 with a 6-year useful life. The equipment will provide annual cost savings of $9730 and will be depreciated straight-line over its useful life with no salvage value. Sheridan requires a 10% rate of return. Period 6 Present Value of an Annuity of 1 8% 9% 10% 11% 12% 15% 4.623 4.486 4.355 4.231 4.111 3.784 What is the approximate internal rate of return...
--/10 Question 10 View Policies Current Attempt in Progress Marigold Company is considering buying equipment for $260000 with a useful life of 5 years and an estimated salvage value of $10000. If annual expected income is $28000, the denominator in computing the annual rate of return is $260000 $130000. $270000 $135000
Question 24 of 36 -11 < > View Policies Current Attempt in Progress In Marigold Company, the Cutting Department had beginning work in process of 6300 units, transferred out 23500 units, and had an ending work in process of 4000 units. How many units were started by Marigold during the month? 27500 23500 21200 17200 Save for Later Attempts: 0 of 1 used Submit Answer
Question 7 View Policies Current Attempt in Progress Concord Corporation purchased a depreciable asset for $566000. The estimated salvage value is $29000, and the estimatedus for depreciation. What is the depreciation expere on this set? e s 10000 hours. Casoned the set for 1100 hours in the current year. The activity method will be Question 16 View Policies Current Attempt in Progress during installation and installation costs of $665. What is the cost of Marigold Corp purchased equipment for $40000...
26 of 30 > -/1 C View Policies Current Attempt in Progress Out Which of the following tables would show the smallest factor for an interest rate of 12% for four periods? W O Present value of an ordinary annuity of 1 O Future value of an annuity due of 1 O Future value of an ordinary annuity of 1 O Present value of an annuity due of 1 E IN e Textbook and Media Qu SEE
Question 1 View Policies Current Attempt in Progress Marigold Enterprises owns the following assets at December 31, 2017. Cash in bank-savings account 63.500 Checking account balance 21,900 Cash on hand 8,880 Postdated checks 870 Cash refund due from IRS 35,700 Certificates of deposit (180-day) 90,670 What amount should be reported as cash? Cash to be reported $
Question 3 --12 View Policies Current Attempt in Progress Marigold Inc. uses the perpetual inventory system and the weighted average cost formula to value inventories. On August 1, there were 6000 units valued at $14400 in the beginning inventory. On August 10, 10000 units were purchased for $8 per unit. On August 15, 8000 units were sold for $11 per unit. The amount charged to cost of goods on August 15 was $30400. $47200 $64000 $34400 Save for Later Attempts:...
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