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Firdavs [7]
3 years ago
7

Wiley's Wire Products is considering a project that has the following cash flow and WACC data. What is the project's MIRR? Note

that a project's MIRR can be less than the WACC (and even negative), in which case it will be rejected. WACC: 11.00% Year 0 1 2 3 Cash flows -$800 $350 $350 $350 Select one:
a. 8.86%
b. 9.84%
c. 10.94%
d. 12.15%
e. 13.50%
Business
1 answer:
madreJ [45]3 years ago
4 0

Answer:

e. 13.50%

Explanation:

WACC                11.00%

Year                        0              1                  2                   3  

Cash flows          $800        $350           $350          $350

Compounded-

values, FVs        $431.24     $388.50     $350.00

TV = Sum of compounded inflows: $1,169.74

MIRR = 13.50% Found as discount rate that equates PV of TV to cost, discounted back 3 years @ WACCMIRR= 13.50%.

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The manufacturing records for Krazy Kayaks at the end of the 2012 fiscal year show the following information about manufacturing
saul85 [17]

Answer:

Please see explanation

Explanation:

1. Machine hours used by Krazy Kayak are given as follows

Machine hours=Actual manufacturing overhead costs/cost per hour

                         =$428,000/41

                         =10,439 hours

2.Manufacturing overheads are underapplied because the actual overhead cost amounting to $428,000 is greater than applied overheads amounting to $405,900. The factory overheads are under applied by $22,100(428,000-405,900)

3. The journal entry to close out over or under allocated overhead are given as follows:

                                                  Debit                Credit

Factory overheads applied      $405,900.  

Profit and loss account              $22,100

Factory overheads Control                               $428,000

3 0
3 years ago
Although most alexandria staff are voracious readers, no one has read all of the books sold by alexandria and most know some are
Mila [183]

Identify a rich directory and hyper-social knowledge management as the best system to make Alexandria's employees' knowledge accessible. These are the best ways to share employee expertise.


8 0
4 years ago
Several years ago, The Wall Street Journal reported that the winner of the Massachusetts State Lottery prize had the misfortune
lorasvet [3.4K]

Answer:

the present value of the annuity = $4,523,638

Explanation:

this is an ordinary annuity:

annual payment = $9,420,713 / 20 = $471,035.65

number of periods = 19 periods

interest rate = 8%

therefore, the present value annuity factor = 9.6036

the present value of the annuity = $471,035.65 x 9.6036 = $4,523,637.97 ≈ $4,523,638

4 0
3 years ago
ScH. Corp., a pharmaceutical company, launches a new painkiller. It claims that the product provides relief within two minutes d
Gekata [30.6K]

Answer:

Deceptive advertisement.

Explanation:

Deceptive advertisement: It is a type of advertising that is meant for damaging the reputation of competitor´s ad and products by making false claim or by spreading wrong information about the rival´s product. This advertisement is also gimick the customer by misleading them in their promotional campaign. The prime purpose of these type of advertisement is to promote their product as superior and gain more sales due to wrong information spread.

In the given case, pharmaceutical company is falsely claiming that the product provides relief within two minutes due to its unique ingredients, which is deceptive advertisement.

4 0
4 years ago
Simple Interest:
Naddik [55]

Option answer:

c. Interest = $54 and Balance = $1254

Answer:

A = $1,254.00

I = A - P = $54.00

Equation:

A = P(1 + rt)

Calculation:

First, converting R percent to r a decimal

r = R/100 = 3%/100 = 0.03 per year.

Solving our equation:

A = 1200(1 + (0.03 × 1.5)) = 1254

A = $1,254.00

The total amount accrued, principal plus interest, from simple interest on a principal of $1,200.00 at a rate of 3% per year for 1.5 years is $1,254.00.

6 0
2 years ago
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