Consider a project with an initial investment of $30,000, annual revenues of $7000 for the six-year useful life, a salvage value
of $5,000, and a planned overhaul cost of $12,000 at the end of the third year. Evaluate the project using both IRR and ERR.
1 answer:
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Answer:
Please see attached.
Explanation:
Prepare a pension spreadsheet that shows the relationship among the various pension balances, show the changes in those balances , and compute pension expense for 2018
Please see detailed solution to the above question.
Answer:
The correct answer is $18920.
Explanation:
Boone Company purchased a piece of machinery by paying $18,000 cash.
In addition to the purchase price, the company incurred $800 freight charges.
Estimated useful life of the machine is 5 years and will require $600 for insurance over that period.
So insurance money for a year = $ ( ) = $120.
Boone Company would record the cost of the machine at $ ( 18000+ 800+ 120) = $ 18920.