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andreyandreev [35.5K]
3 years ago
15

The replacement of a planning machine is being considered by the Reardorn Furniture Company.​ (There is an indefinite future nee

d for this type of​ machine.) The best challenger will cost ​$30 comma 000 for installation and will have an estimated economic life of 13 years and a ​$1 comma 500 MV at that time. It is estimated that annual expenses will average ​$13 comma 000 per year. The defender has a present BV of ​$6 comma 500 and a present MV of ​$5000. Data for the defender for the next three years are given below. Using a​ before-tax interest rate of 18​% per​ year, make a comparison to determine whether it is economical to make the replacement now.
Business
1 answer:
Yuliya22 [10]3 years ago
3 0

Answer:

We have the comparison below

Explanation:

                                                     1          2           3

Expenses for the year 20000    27000      34000

PVIF at 12%                      0.89286   0.79719      0.71178

PV of expenses                 17857    21524       24201

Cumulative PV of expenses 17857 39381 63582

EOY MV                                        -1000 -1750 -2500

PV of MV                                 -893 -1395 -1779

Total PW (4000+ PV of expenses - PV of MV) 22750   44776    69361

P/A                                            0.89286 1.69005 2.40183

EUAC                                     25480 26494 28879

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As is common payroll procedure for most employers, Penelope's company _____________ her paycheck semimonthly into her checking a
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The people who work to produce goods and services are called what?
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5 0
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A company has a petty cash fund amount of $400. When​ replenished, it has petty cash tickets of $30 for gas​ expense, $30 for po
MrMuchimi

Answer:

$80

Explanation:

The Replenish journal entry is shown below:-

Gas expense Dr,                          $30

Postage expense Dr,                $30  

Supplies expense Dr,                   $10  

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4 0
3 years ago
Express the balance sheets in common-size percents. (Do not round intermediate calculations and round your final percentage answ
ArbitrLikvidat [17]

Answer:

SIMON COMPANY'S YEAR END BALANCE SHEET

AT DECEMBER 31                Current    1 yr ago    2 yrs ago

cash                   6.1%  8.1% 9.90%

Accounts receivables  16.6% 14.1% 13.2%

inventory           21.5% 18.9% 14.6%

prepaid expense   1.8%         2.1%  1.1%

plant asset           54.0% 56.8% 61.2%

Total Asset         100.0% 100.0% 100.0%

     

Liabilities and Equity      

Accounts payable   24.4% 17.1% 13.2%

Notes payable   18.6% 23.0% 22.5%

common stock   28.5% 33.1% 40.5%

Retained earnings   28.5% 26.9% 23.8%

total                    100.0% 100.0% 100.0%

2) The change in % of accounts receivables is unfavorable because this means that our Debtors are not paying instead are continuing to buy on credit and that our collection methods are weak and ineffective.

3) The % change in inventory is unfavorable because it means we are selling less stock as years goes by and that we are buying more than we are selling.

Explanation:

6 0
3 years ago
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