Business, 16.10.2020 18:01 chloejaylevesque
H. Cochran, Inc., is considering a new three-year expansion project that requires an
initial fixed asset investment of $2.15 million. The fixed asset will be depreciated straight-
line to zero over its three-year tax life, after which time it will be worthless. The project is
estimated to generate $2.23 million in annual sales, with costs of $1.25 million. Assume
the tax rate is 23 percent and the required return on the project is 14 percent. What is
the project's NPV? (A negative answer should be indicated by a minus sign. Do not
round intermediate calculations and round your answer to 2 decimal places, e. g.,
32.16.)
Answers: 2
Business, 22.06.2019 05:20
Social computing forces companies to deal with customers as opposed to
Answers: 2
Business, 22.06.2019 19:00
1. regarding general guidelines for the preparation of successful soups, which of the following statements is true? a. thick soups made with starchy vegetables may thin during storage. b. soups should be seasoned throughout the cooking process. c. finish a cream soup well before serving it to moderate the flavor. d. consommés take quite a long time to cool.
Answers: 2
Business, 23.06.2019 14:00
Max has set some financial goals and created a budget. what else does max need to have a complete financial plan? a. loan information, insurance plan, and a saving and investing plan b. net worth statement, risk management plan, and investment principals c. net worth statement, insurance plan, and a saving and investing plan d. net worth statement, spreadsheet, and risk management plan
Answers: 1
Business, 23.06.2019 14:30
The manda panda company uses the allowance method to account for bad debts. at the beginning of 2018, the allowance account had a credit balance of $92,400. credit sales for 2018 totaled $3,190,000 and the year-end accounts receivable balance was $507,500. during this year, $88,500 in receivables were determined to be uncollectible. manda panda anticipates that 3% of all credit sales will ultimately become uncollectible. the fiscal year ends on december 31. required: 1. does this situation describe a loss contingency? 2. what is the bad debt expense that manda panda should report in its 2018 income statement? 3. prepare the appropriate journal entry to record the contingency. 4. complete the table below to calculate the net realizable value manda panda should report in its 2018 balance sheet?
Answers: 2
H. Cochran, Inc., is considering a new three-year expansion project that requires an
initial fixed...
Geography, 05.12.2020 03:30
Biology, 05.12.2020 03:30
Mathematics, 05.12.2020 03:40
Engineering, 05.12.2020 03:40
Mathematics, 05.12.2020 03:40
Spanish, 05.12.2020 03:40
Mathematics, 05.12.2020 03:40
Mathematics, 05.12.2020 03:40
Mathematics, 05.12.2020 03:40
Mathematics, 05.12.2020 03:40
Mathematics, 05.12.2020 03:40
Mathematics, 05.12.2020 03:40
Mathematics, 05.12.2020 03:40