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4 years ago

In less than 50 years, china's economy is expected to be __________ the size of the u.s. economy.

1 answer:

7 0

In less than 50 years, China's economy is expected to be Increased the size of the United States economy.
Japan also made secret treaties with the Allies promising Japan the German territories in China. In 1931, Japan invaded and occupied Manchuria.

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a project that will last for 8 years is expected to have equal annual cash flows of $97,900. If the required return is 7.6 perce

iVinArrow [24]

Question:

MC algo 5-28 Calculating NPV A project that will last for 8 years is expected to have equal annual cash flows of $97,900. If the required return is 7.6 percent, what maximum initial investment would make the project acceptable?

Multiple Choice $516,751.56 $571,237.51 $1,026,395.85 $482,301.46 $550,008.71

Answer:

PV of cash inflow = $571,237.5

Explanation:

T<em>he maximum initial investment amount to be paid is the present value of the series of the annual cash inflow discounted at the opportunity cost rate of 7.6% per annum. </em>

<em>In other words,the maximum to be paid for the investment should be equal to the value today of the series of eight equal annual cash flow of $97,900 discounted at 7.6%</em>

This is given in the relationship below:

PV of cash inflow = A ×( 1- (1+r)^(-n))/r )

A- equal annual cash - 97,900. r-rate of return - 7.6%, n-number of years- 8

PV = 97,900 × ( 1 - (1+0.076)^(-8)/0.76)= 571,237.5

PV of cash inflow = $571,237.5

3 0

3 years ago

During its first year of operations, Mack's Plumbing Supply Co. had sales of $3,250,000, wrote off $27,800 of accounts as uncoll

Lunna [17]

Answer:

$593,000

Explanation:

Net income before debt in second year:

= Reported net income + wrote off accounts as uncollectible

= 600,000 + 34,000

= $634,000

Net income = Net income before debt in second year - Bad debts expense

= $634,000 - (1% of 4,100,000)

= $634,000 - 41,000

= $593,000

4 0

3 years ago

Jose Consulting paid $540 cash for utilities for the current month. Determine the general journal entry that Jose Consulting wil

elena-14-01-66 [18.8K]

Answer: Utilities Expense 540 Cash 540

Explanation:

Journal entry simply refers to the recording of transactions in a company's books. It should be noted that every transaction entered in the general ledger begins with a journal entry.

With regards to the question, the journal entry will be:

Debit Utilities expense $540

Credit Cash $540

3 0

3 years ago

Project management boils down to asking which questions?

insens350 [35]

Answer: d. all of the answers

Explanation: Project management typically involves the planning, build-up, implementation, and closeout of projects and is defined as the organization and management of resources such as people, materials, etc. in such a way that a given project is completed within defined scope, quality, time and constraints of costs. In this, it asks questions bordering on planning, (what problem needs solving, people involved, and what will be done?), implementation and close-out (when would the project end, how would you know you have arrived at its completion, how do you go about it?) etc.

4 0

3 years ago

Tony is the sole shareholder of O.K. Oil Corporation. Tony uses O.K's funds to pay his personal expenses and to create Pure Fuel

Law Incorporation [45]

Answer: C

A pierce of corporate veil

Explanation:

A business is expected to have a separate body that is distinct from that of its owner or owners. In the above scenario, Tony does not take the business as a separate entity and as such he can be charged for piercing the corporate veil of O.K. Oil Corporation on the following grounds.

Failure to maintain the separate identities of the companies.

Failure to maintain separate identities of the company and its owners or shareholders.

3 0

3 years ago