with complete description and manual formula (not excel). thanks Question 2 A company purchases a piece...
with complete description and manual formula (not excel). thanks
Question 2 A company purchases a piece of manufacturing equipment for rental purposes. The expected income is $4,500 the first year and therefore. Its useful life is 9 years. Expenses are estimated to be $500 annually. If the purchase price is $34,000 and there is a salvage value of $3,500, what is the prospective rate of return of these investment alternatives? a. IRR = 8.9% b. IRR = 5.9% c. IRR = 1.9% d. IRR = 2.9%
Homework Answers
Add Answer to:
with complete description and manual formula (not excel).
thanks
Question 2 A company purchases a piece...
with brief description Question 1 A company purchases a piece of manufacturing equipment for rental purposes. The expected annual income is $7,100. Its useful life is four (4) years. Expenses are esti...
with brief description Question 1 A company purchases a piece of manufacturing equipment for rental purposes. The expected annual income is $7,100. Its useful life is four (4) years. Expenses are estimated to be $1,600 annually. If the purchase price is $20,000, what is the prospective rate of return of this investment alternative if is going to last 4 years? a. IRR = 4.08% b. IRR = 6.08% c. IRR = 5.08% d. IRR = 3.08%
Question 4 25 points Save Ans A company purchases a piece of manufacturing equipment for rental...
Question 4 25 points Save Ans A company purchases a piece of manufacturing equipment for rental purposes. The expected income is $3600 the first year and increase $100 every year thereafter. Its useful life is 8 years. Expenses are estimated to be $600 annually. If the purchase price is $24,000 and there is a salvage value of $4,500. The prospective rate of return of these investment alternative is 15%. . EAW-$1,843 c EAW-$1,843 d. EAW- $1,743 &Click Submit to complete...
PLEASE USE EXCEL FORMULA TO SOLVE THE PROBLEMS 2) The New World Soccer League is evaluating...
PLEASE USE EXCEL FORMULA TO SOLVE THE PROBLEMS
2) The New World Soccer League is evaluating the purchase of a used van to transport equipment to games. The cost of the van is $10,000 and it is expected to have a useful life of three years. Insurance, maintenance and gas will cost $1,500 annually. At the end of three years it is expected the van could be sold for $2,500. By buying the van New World will save $3,700 annually...
Part Five Instructions Prepare an Adjusted Trial Balance, then an Income Statement, Statement of Retained Earnings...
Part Five Instructions Prepare an Adjusted Trial Balance, then an Income Statement, Statement of Retained Earnings and a Balance Sheet and staple them to the inside front cover of the practice set in the correct order as listed here. These statements should be done in Word or Excel. Transactions Deposit No. / Check No. Date Description 1. April Morales met with her lawyer and CPA for advice on starting the business. They decided that Ms. Morales would organize the business...
Make sure you prepare the journal entries and the adjusting entries, and write them in the practice...
Make sure you prepare the journal entries and the adjusting entries, and write them in the practice set. All T-accounts with the proper balances should be prepared. There is a template of how to set up the T- Accounts in Excel at the end of the practice set. Make sure to include all accounts even if they have a zero balance and make sure that the zero is on the normal side of the account. Once all the balances are...
Record the Adjusting Entries A-J. QUESTION: Record the following adjusting entries: OCTET Chart of Accounts Current...
Record the Adjusting Entries A-J.
QUESTION: Record the following adjusting entries:
OCTET Chart of Accounts Current Assets 10000 Cash 11000 Accounts Receivable Long-Term Liabilities 12000 Inventory-Cookies 27000 Mortgage Payable Note Payable 27100 12100 Inventory- Baskets 13100 Supplies (Ribbon, Sticks, Cellophane) Shipping Supplies Prepaid Rent Stockholders' Equity 39003 Common Stock 13200 39005 Retained Earnings 14000 Dividends paid 39007 14100 Prepaid Insurance 14200 Prepaid Advertising Revenue 40000 Sales Long-Term Assets 15000 Computer Equipment Accumulated Depreciation 17000 Expenses Computer Equipment Cost of Goods...
Question 4 25 points Save Ans A company purchases a piece of manufacturing equipment for rental purposes. The expected income is $3600 the first year and increase $100 every year thereafter. Its useful life is 8 years. Expenses are estimated to be $600 annually. If the purchase price is $24,000 and there is a salvage value of $4,500. The prospective rate of return of these investment alternative is 15%. . EAW-$1,843 c EAW-$1,843 d. EAW- $1,743 &Click Submit to complete...
PLEASE USE EXCEL FORMULA TO SOLVE THE PROBLEMS
2) The New World Soccer League is evaluating the purchase of a used van to transport equipment to games. The cost of the van is $10,000 and it is expected to have a useful life of three years. Insurance, maintenance and gas will cost $1,500 annually. At the end of three years it is expected the van could be sold for $2,500. By buying the van New World will save $3,700 annually...
Part Five Instructions Prepare an Adjusted Trial Balance, then an Income Statement, Statement of Retained Earnings and a Balance Sheet and staple them to the inside front cover of the practice set in the correct order as listed here. These statements should be done in Word or Excel. Transactions Deposit No. / Check No. Date Description 1. April Morales met with her lawyer and CPA for advice on starting the business. They decided that Ms. Morales would organize the business...
Make sure you prepare the journal entries and the adjusting entries, and write them in the practice set. All T-accounts with the proper balances should be prepared. There is a template of how to set up the T- Accounts in Excel at the end of the practice set. Make sure to include all accounts even if they have a zero balance and make sure that the zero is on the normal side of the account. Once all the balances are...
Record the Adjusting Entries A-J.
QUESTION: Record the following adjusting entries:
OCTET Chart of Accounts Current Assets 10000 Cash 11000 Accounts Receivable Long-Term Liabilities 12000 Inventory-Cookies 27000 Mortgage Payable Note Payable 27100 12100 Inventory- Baskets 13100 Supplies (Ribbon, Sticks, Cellophane) Shipping Supplies Prepaid Rent Stockholders' Equity 39003 Common Stock 13200 39005 Retained Earnings 14000 Dividends paid 39007 14100 Prepaid Insurance 14200 Prepaid Advertising Revenue 40000 Sales Long-Term Assets 15000 Computer Equipment Accumulated Depreciation 17000 Expenses Computer Equipment Cost of Goods...
Most questions answered within 3 hours.
-
How do ECM Solutions assist in embedding a culture of continuous
improvement in an organization? (Project...
asked 11 minutes ago -
Directions
These directions introduce the idea of Essential Questions.
Since this may be a new concept...
asked 13 minutes ago -
1.b. Fiscal policy is said to suffer from ‘crowding out’.
Explain what this means and why...
asked 31 minutes ago -
The equation for the reaction of nitrogen and oxygen to form
nitrogen oxide is written as...
asked 35 minutes ago -
A scientist reproducing some photoelectric effect experiments
shines a light on a metal electrode, but doesn't...
asked 38 minutes ago -
In a study designed to test the effectiveness of magnets for
treating back pain, 35 patients...
asked 58 minutes ago -
Here are summary statistics for randomly selected weights of
newborn girls:
nequals=193,
x overbarxequals=30.5
hg,
sequals=7.3...
asked 47 minutes ago -
Exercise #3:
Create the “MathTest” class. It will have two class variables:
1) a question and...
asked 50 minutes ago -
In epidemiology, how do you calculate the overall incidence of
cure within two groups? What formula...
asked 54 minutes ago -
A 1 liter solution contains 0.357 M ammonium chloride and 0.268
M ammonia. Addition of 0.295...
asked 55 minutes ago -
What are the advantages and disadvantages of using virtual
reality simulations in health care education?
asked 1 hour ago -
Given input { 66, 28, 43, 29, 44, 69, 19 } and a hash function
h(x)...
asked 1 hour ago