Sydney is considering a project. A capital budgeting project is expected to have the following cash flows: Year Cash Flows 0 -$1
1 answer:
Based on the cashflows of the project that Sydney wants to get involved in, the internal rate of return for this project is 24.90%.
<h3>What is the internal rate of return for Sydney's project?</h3>This can be found using a spreadsheet where the IRR function is available.
Input the cashflows as shown attached and then use the IRR function to get the return:
= 24.9%
This figure shows the rate of return that would cause the Net Present Value of the cashflows to be 0.
Find out more on the IRR at brainly.com/question/24301559.
#SPJ1
You might be interested in
Answer:
Follows are the solution to the given points:
Explanation:
For question 1:
Exp on the Debit Salary = $ 1,500,000
Credit payable Income tax = $375,000
Credit accounts payable (pension plan)= $63,000
Credit payable tax on FICA= $114,750
Credit payable salary (Balance) $947,250
For question 2:
Exp = $100,500 for Debit Wages
Cr.= $31,500 (Surgical Insurance) Payable accounts
Cr. = $6,000 in insurance accounts payable
Cr. = $63,000 Payable Accounts (Pension plan)
For question 3:
EXP= $207,750 for Debit Payroll Tax
Cr. = $114,750 for FICA payable tax
Cr. =$93000 for Federal and State (Unemployment tax)
Tax on state or federal unemployment