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
maksim [4K]
3 years ago
9

Managers at Eller Manufacturing are considering purchasing a new refrigerated delivery truck that Adaptive Practice Managerial,

8e will produce equal annual cash flows of $36,000 for 6 years. The trucks net present value is $12,780, its c is $144,000, its useful life is 6 years, and its annual depreciation expense (no salvage value) įs$24,000, what is the discount rate used by Eller to evaluate this project? Present Value of an Annuity of 1
Col1 Period 8% 9% 10% 11% 12% 15%
Col2 6 4.623 4.486 4.355 4.231 4.111 3.784
A. 11%
B: 12%
C) 1096
D) 9%
Business
1 answer:
juin [17]3 years ago
6 0

Answer:

C) 10%

Explanation:

($144,000 + $12,780)/$36,000 = 4.355

You might be interested in
Tax savings generated from deductions are considered cash inflows.
lubasha [3.4K]
Tax savings generated from deductions are considered cash inflows.

Answer: false

Hope this helps
3 0
3 years ago
Recently, beagle boutique was attempting to hire a middle manager. they were looking for an intelligent, active, and creative in
ValentinkaMS [17]

Recently, beagle boutique was attempting to hire a middle manager. they were looking for an intelligent, active, and creative individual. Beagle used the trait approach. This is further explained below.

<h3>What is the trait approach?</h3>

Generally, An individual's attributes are used as indicators of their personality in a trait-based approach.

In conclusion, Beagle Boutique recently tried to find a middle manager. They were seeking someone who was energetic, clever, and creative. Beagle used the trait approach

Read more about The trait approach

brainly.com/question/25937970

#SPJ1

3 0
1 year ago
On December 31, 2015, Waterway Industries is in financial difficulty and cannot pay a note due that day. It is a $2900000 note w
iris [78.8K]

Answer:

(a) $210,000

(b) $351,500

Explanation:

(a) Given that,

Fair value of equipment = $1,440,000

Face Amount of the note = $1,230,000

Gain on sale:

= Fair value of equipment - Face Amount of the note

= $1,440,000 - $1,230,000

= $210,000

(b) Given that,

Accrued Interest Payable = $290,000

Interest rate = 5%

Gain on the partial settlement and restructure of the debt:

= Accrued Interest Payable + (Face amount of note × Interest rate)

= $290,000 + ($1,230,000 × 5%)

= $290,000 + $61,500

= $351,500

4 0
3 years ago
You plan to borrow $40,000 at a 6% annual interest rate. The terms require you to amortize the loan with 7 equal end-of-year pay
STALIN [3.7K]

Answer:

Interest for second year $2,114.08

Explanation:

given data

loan Amount = $40,000.00  

Interest rate r = 6.00%  

time period t = 7  

solution

we get here first Equal Monthly Payment EMI that is express as

EMI = \frac{P \times r \times (1+r)^t}{(1+r)^t-1}      ................1

here P is Loan Amount and r is rate and t is time period  

put here value and we get  

EMI = \frac{40000 \times 0.06 \times (1+0.06)^7}{(1+0.06)^7-1}    

EMI = $7165.40  

now

we get here interest for second year that is

Closing balance at year 1 = opening balance + Interest - EMI Payment

Closing balance at year 1 =  $40,000  + $2400 - $7165.40  

Closing balance at year 1 =   $35234.60

so Interest for second year $2,114.08

8 0
3 years ago
He idea underlying maslow's hierarchy of needs is that the needs at the top of the pyramid must be satisfied before one can conc
lana66690 [7]
True i hope this helps you 
7 0
3 years ago
Other questions:
  • The annual percentage rate on a credit card determines
    9·1 answer
  • If Congress ends an investment tax credit that used to subsidize domestic investment, how would this affect the market for loana
    8·1 answer
  • Before you could train as a physician, you first had to become _____.
    11·2 answers
  • Jared told his boss, Maggie, that he is going to start training for the upcoming marathon to be healthier and to have more energ
    14·1 answer
  • Newton Inc. uses a calendar year for financial reporting. The company is authorized to issue 9,053,000 shares of $10 par common
    15·1 answer
  • 2020 $ 358,000 2021 (600,000 ) 2022 728,000 Puritan's tax rate is 36% for all years. Puritan elected a loss carryback. As of Dec
    7·1 answer
  • Inventory and safety stock planning ________. leads to the development of the overall demand forecast leads to the development o
    5·1 answer
  • Assume that Toy Craft makes ragdolls. Each ragdoll requires 15 square feet of fabric. If the number of dolls to be produced duri
    13·1 answer
  • Are good oppurtunities always spotted quickly or they often left unrecognized ?
    14·2 answers
  • the aarp (american association of retired persons) pays to run an advertisement on certain television stations about protecting
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!