Homework Answers
| Year | Cash flow | PVIF@7% | Present value of cash flow |
|---|---|---|---|
| 1 | 225 | 0.9346 | 210.285 |
| 2 | 225 + G | 0.8734 | 196.515 + 0.8734*G |
| 3 | 225 + 2G | 0.8163 | 183.6675 + 1.6326*G |
| 4 | 225 +3G | 0.7629 | 171.6525 + 2.2887*G |
| 5 | 225 + 4G | 0.7130 | 160.425 + 2.852*G |
| 6 | 225 + 5G | 0.6663 | 149.9175 + 3.3315*G |
| 7 | 225 + 6G | 0.6227 | 140.1075 + 3.7362*G |
| Total | 1213.135 + 14.7144*G |
Equivalent annual worth cash flow = Present value of cash flow / (P/A, 7%, 7)
=1213.135 + 14.7144*G / 5.389
= 225.11319 + 2.3045*G
Equivalent annual worth cash flow = $500
500 = 225.11319 + 2.3045*G
274.8868 = 2.3045*G
G = 119.28
Add Answer to:
It says 85 is wrong and I am confused Check my work mode : This shows...
2 homework Problem 02.033-Calculation of unknown gradient For the cash flow revenues shown below, find the...
2 homework Problem 02.033-Calculation of unknown gradient For the cash flow revenues shown below, find the value of G that makes the equivalent annual worth in years 1 through 7 equal to $500. The interest rate is 7% per year. ash f low. S Year ear flow 5+4G 5+G The value of G is $「 < Prey 5 o9Next 盈 HW 1.pdf AHW 1 (1).pdf
why is that wrong ?? Check my work mode : This shows what is correct or...
why is that wrong ??
Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not in 2,100 Increase in accounts receivable Changes in current operating assets and liabilities Increase in inventory Decrease in accounts payable Decrease in salaries payable (19,950) (1,500) (100) $ (1.750) Cash flows from investing activities Cash paid for equipment (8,400) $ (8,400) Cash flows from financing activities Cash received from stock issuance 10,000...
it says not complete BUVU Check my work mode: This shows what is correct or incorrect...
it says not complete
BUVU Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does The following is a partial trial balance for the Green Star Corporation as of December 31, 2021 Debits Credits 1,750, eee 42, eee 62, eee Account Title Sales revenue Interest revenue Gain on sale of investments Cost of goods sold Selling expenses General and administrative expenses Interest expense Income tax expense 810, eee 220,000...
Check my work mode : This shows what is correct or incorrect for the work you...
Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question A factory costs $290,000. You forecast that it will produce cash inflows of $85,000 in year 1, $145,000 in year 2, and $230,000 in year 3, The discount rate is 10%. a. What is the value of the factory? (Do not round intermediate calculations. Round your answer to 2 decimal places.) 10...
Check my work mode : This shows what is correct or incorrect for the work you...
Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question 7 Required information [The following information applies to the questions displayed below Duval Co. issues four-year bonds with a $105,000 par value on January 1, 2017, at a price of $100,950. The annual contract 8 points rate is 7%, and interest is paid semiannually on June 30 and December 31. 1. Prepare...
Check my work mode : This shows what is correct or incorrect for the work you...
Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate com You are reviewing the records for you business and the accounting department has given you the following inventory schedule. Inventory Item Cost of item Market Value А $4,250 $5,350 B 7,250 6,000 С 6,900 6,900 D 4,350 4,750 E 8,500 9,000 F 9,350 8,700 When the financial statements are prepared and assuming the accounting department...
please i need assistance with the correct question. Check my work mode: This shows what is...
please i need assistance with the correct question.
Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completio Retu 7 Lever Age pays an 10 % rate of interest on $9.00 million of outstanding debt with face value $9 million. The firm's EBIT was $3 million. a. What is its times interest earned? (Round your answer to 2 decimal places.) 2. points 3 Answer is complete...
Check my work mode : This shows what is correct or incorrect for the work you...
Check my work mode : This shows what is correct or incorrect for the work you haj In addition, its unadjusted trial balance includes the following items. Accounts receivable Allowance for doubtful accounts : $1,166,853 debit $ 24,550 debit 3. Show how Accounts Receivable and the Allowance for Doubtful Accounts appear on in part 1c (Do not round intermediate calculations.) Answer is complete but not entirely correct. Current assets Accounts receivable Less: Allowance for doubtful accounts $ 1.166 853 (81.680)...
Help Save & E Check my work mode : This shows what is correct or incorrect...
Help Save & E Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion Return At the end of the prior year ending on December 31, Year 1, O'Connor Company's records reflected the following for Machine Cost when acquired Accumulated depreciation $ 30,000 10.200 points At the beginning of January of the current year, the machine was renovated at a cost of $15,500. As a...
Check my work mode : This shows what is correct or incorrect for the work you...
Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate com Exercise 3-3 Schedules of Cost of Goods Manufactured and Cost of Goods Sold (L03-3] Primare Corporation has provided the following data concerning last month's manufacturing operations, Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Underapplied overhead $31,000 $ 4,890 358,700 588,200 $ 4.030 Inventor...
2 homework Problem 02.033-Calculation of unknown gradient For the cash flow revenues shown below, find the value of G that makes the equivalent annual worth in years 1 through 7 equal to $500. The interest rate is 7% per year. ash f low. S Year ear flow 5+4G 5+G The value of G is $「 < Prey 5 o9Next 盈 HW 1.pdf AHW 1 (1).pdf
why is that wrong ??
Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not in 2,100 Increase in accounts receivable Changes in current operating assets and liabilities Increase in inventory Decrease in accounts payable Decrease in salaries payable (19,950) (1,500) (100) $ (1.750) Cash flows from investing activities Cash paid for equipment (8,400) $ (8,400) Cash flows from financing activities Cash received from stock issuance 10,000...
it says not complete
BUVU Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does The following is a partial trial balance for the Green Star Corporation as of December 31, 2021 Debits Credits 1,750, eee 42, eee 62, eee Account Title Sales revenue Interest revenue Gain on sale of investments Cost of goods sold Selling expenses General and administrative expenses Interest expense Income tax expense 810, eee 220,000...
Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question A factory costs $290,000. You forecast that it will produce cash inflows of $85,000 in year 1, $145,000 in year 2, and $230,000 in year 3, The discount rate is 10%. a. What is the value of the factory? (Do not round intermediate calculations. Round your answer to 2 decimal places.) 10...
Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question 7 Required information [The following information applies to the questions displayed below Duval Co. issues four-year bonds with a $105,000 par value on January 1, 2017, at a price of $100,950. The annual contract 8 points rate is 7%, and interest is paid semiannually on June 30 and December 31. 1. Prepare...
Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate com You are reviewing the records for you business and the accounting department has given you the following inventory schedule. Inventory Item Cost of item Market Value А $4,250 $5,350 B 7,250 6,000 С 6,900 6,900 D 4,350 4,750 E 8,500 9,000 F 9,350 8,700 When the financial statements are prepared and assuming the accounting department...
please i need assistance with the correct question.
Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completio Retu 7 Lever Age pays an 10 % rate of interest on $9.00 million of outstanding debt with face value $9 million. The firm's EBIT was $3 million. a. What is its times interest earned? (Round your answer to 2 decimal places.) 2. points 3 Answer is complete...
Check my work mode : This shows what is correct or incorrect for the work you haj In addition, its unadjusted trial balance includes the following items. Accounts receivable Allowance for doubtful accounts : $1,166,853 debit $ 24,550 debit 3. Show how Accounts Receivable and the Allowance for Doubtful Accounts appear on in part 1c (Do not round intermediate calculations.) Answer is complete but not entirely correct. Current assets Accounts receivable Less: Allowance for doubtful accounts $ 1.166 853 (81.680)...
Help Save & E Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion Return At the end of the prior year ending on December 31, Year 1, O'Connor Company's records reflected the following for Machine Cost when acquired Accumulated depreciation $ 30,000 10.200 points At the beginning of January of the current year, the machine was renovated at a cost of $15,500. As a...
Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate com Exercise 3-3 Schedules of Cost of Goods Manufactured and Cost of Goods Sold (L03-3] Primare Corporation has provided the following data concerning last month's manufacturing operations, Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Underapplied overhead $31,000 $ 4,890 358,700 588,200 $ 4.030 Inventor...
Most questions answered within 3 hours.
-
A sample of size 31 will be drawn from a population with mean 39
and standard...
asked 3 minutes ago -
What is the effect on the P-value when a test is changed from a
two-tailed hypothesis...
asked 8 minutes ago -
I wish to estimate µ, the mean of a population. After I collect
and an-
alyze...
asked 36 minutes ago -
At a local university, you poll a group of 115 students and find
that 37 of...
asked 17 minutes ago -
Gladstone company tracks the number of units purchased and sold
throughout each accounting period but applies...
asked 20 minutes ago -
When determining if a molecule's configuration is E or Z, what
determines the higher priority groups?
asked 25 minutes ago -
13. What is the amount
of conversion cost transferred to finished goods? (Round
your intermediate calculations...
asked 26 minutes ago -
Sulfuric Acid is a "strong" acid, but only releases a single
proton when it dissolves. What...
asked 26 minutes ago -
The
second floor of a house is 6 m above the street level. How much
work...
asked 28 minutes ago -
What uncontrollable factor(s) contributed to Hong Kong Disney’s
poor performance during its first year?
asked 30 minutes ago -
You are interested in whether students that have a male
instructors perform differently on exams. To...
asked 42 minutes ago -
Discuss the following: The policies that promote economic
growth. Why are some countries more developed than...
asked 38 minutes ago