1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Svetllana [295]
3 years ago
12

Justice Enterprises is evaluating the purchase of a new computer net system would cost $24,000 and have a useful life of Syears.

At the end of the systems of a new computer network system. The new would have a residual value of $2000. Annual operating cost savings from the new sys be $8500 per year for each of the five years of its life. Justice Enterprises has a minimum required rate of return of 12% on all new projects. The net present value of the new system would be closest to: (Round any intermediary calculations and your final nearest dollar.) savings from the new system would diary calculations and your final answer to the Present Value of $1 Periods 10% 0.751 0.683 0.621 0.564 12% 0.712 0.636 0.567 0.507 14% 0.675 0.592 0.519 0.456 16% 0.641 0.552 0.476 0.410 16% Present Value of Annuity of $1 Periods 10% 2.487 3.170 3.791 4.355 12% 2.402 3.037 3.605 4.111 14% 2.322 2.914 3.433 2.246 2.798 3.274 3.685 T 3.889 A) $5509. B) $7777 C) $6643 D) $31,777
Business
1 answer:
Sergeeva-Olga [200]3 years ago
4 0

Answer:

closest to: B) $7777

Explanation:

NPV ( net presetn value) cashflow - investment

<u>cost savings present value (ordinary annuity):</u>

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\  

C   $8,500

time         5 years

rate  0.12

8500 \times \frac{1-(1+0.12)^{-5} }{0.12} = PV\\  

PV $30,640.5977  

salvage value present value:

\frac{salvage}{(1 + rate)^{time} } = PV  

Salvage  $2,000  

time   5

rate  0.12

\frac{2000}{(1 + 0.12)^{5} } = PV  

PV   1,134.85  

NPV: 30,640.60 + 1,134.85  - 24,000 = 7,775.45

You might be interested in
Tom finds out that his coworker is sharing confidential information with a competitor. What should Tom do to handle the situatio
omeli [17]

i just asked my brother , and he goes to business school at bentley university in massachusetts, he said he was in a similar situation he said that reporting it to your supervisors is the best idea.



your welcome!!

5 0
3 years ago
Seth appears to be taken aback by the number of files on his desk and his coworker’s comments about his boss. This reaction depi
ycow [4]

Answer:

ENCOUNTER

Explanation:

Seth appears to be taken aback by the number of files on his desk and his coworker’s comments about his boss. This reaction depicts the Encounter stage of the socialization process.

4 0
3 years ago
n investor has $100,000 invested in an account that earns 5% annually. The investor wishes to withdraw $12,000 per year. If the
lawyer [7]

Answer:

11 years

Explanation:

For computing, the number of years or the account will be fully depleted we need to apply the NPER formula i.e to be shown in the attachment below:

Given that,  

Present value = $100,000

Future value = $0

PMT = $12,000

Rate of interest = 5%

The formula is shown below:

= NPER(Rate;PMT;-PV;FV;type)

The present value come in negative

So, after applying the above formula, the number of years in which the account is depleted is 11 years

3 0
2 years ago
Suppose that a competitive firm hires labor up to the point at which the value of the marginal product equals the wage and that
almond37 [142]

Answer:

$20

Explanation:

Calculation for the marginal cost of producing an additional unit of output

Using this formula

Marginal cost=Wage per week/Marginal product of labor

Let plug in the formula

Marginal cost= $700 per week/35 units per week

Marginal cost= $20

Therefore the marginal cost of producing an additional unit of output is $20

3 0
2 years ago
What is service enterprise​
soldier1979 [14.2K]
A Service Enterprise is an organization that strategically leverages volunteers to achieve operational efficiency and greater social impact. Service Enterprises are among the top 11 percent of nonprofits in the country in volunteer management and organizational performance.
8 0
2 years ago
Other questions:
  • On January 5, 2020, Sheffield Corporation received a charter granting the right to issue 5,100 shares of $100 par value, 7% cumu
    14·1 answer
  • Dallas Snow Removal's cost formula for its vehicle operating cost is $2,060 per month + $306 per snow-day. For the month of Janu
    8·1 answer
  • A financial analyst determines the yearly research and development investments for 50 blue chip companies. She notes that the di
    8·1 answer
  • In May direct labor was 40% of conversion cost. If the manufacturing overhead for the month was $120,600 and the direct material
    9·1 answer
  • Jetson Spacecraft Corp. shows the following information on its 2019 income statement: sales = $214,000; costs = $91,000; other e
    15·1 answer
  • Einstein Company is preparing its cash budget for the upcoming month. The beginning cash balance for the month is expected to be
    8·1 answer
  • An investor buys a $10,000 par, 4.25 percent annual coupon TIPS security with three years to maturity. If inflation every six mo
    8·1 answer
  • the vikings company, based in minnesota, is committed to training new employees. assuming the company uses the incremental learn
    14·1 answer
  • ________ look at each budget as if it were brand new and require managers to justify each of the budgeted items. This process en
    14·1 answer
  • According to the cross-price elasticity of demand, when the price of DVD players drops, the demand for DVDs is likely to
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!