Answer:
future worth:
project A 11,615.26
project B 12,139.18
It should choose project B as their future value is greater
IRR of project A: 13.54%
We should remember that the IRR is the rate at which the net value is zero thus, equals the inflow with the cash outlay
It is calculate with excel or financial calculator due to the complex of the formula.
Explanation:
Project A
We calculate the future value of the cash flow per year and cost as we are asked for future value. The salvage value is already at the end of the project life so we don't adjust it.
Revenues future value
C 15,000
time 8
rate 0.12
FV $184,495.3970
Expenses future value
C 3,000
time 10
rate 0.12
FV $52,646.2052
Cost future value
Principal 40,000.00
time 10.00
rate 0.12000
Amount 124,233.93
Net future worth:
-124,233.93 cost - 52,646.21 expenses + 184,495.40 revenues + 4,000 salvage value
future worth 11,615.26
Project B
cost:
Principal 60,000.00
time 10.00
rate 0.12000
Amount 186,350.89
expenses 52,646.21 (same as previous)
revenues
C 24,000
time 7
rate 0.12
FV $242,136.2815
TOTAL
242,136.28 + 9,000 - 52,646.21 - 186,350.89 = 12,139.18
Internal rate of return of project A
we write the time and cash flow for each period.
Time Cash flow
0 -40,000
1 -3,000
2 -3,000
3 12,000
4 12,000
5 12,000
6 12,000
7 12,000
8 12,000
9 12,000
10 16,000
IRR 13.54%
Then we write on excel the function =IRR(select the cashflow)
and we got the IRR of the project
Answer: utilitarian
Explanation:
Utilitarianism: this is one of the oldest, best known and most influential moral theories.
Like other forms of moral theories, its core principles is that whether an action is morally right or wrong depends on the final outcome or effects of such actions.
To be more specific, the only effects of actions that are relevant here are the good and bad results that they produce that such action produces nothing else matters.
Answer:
$105,547
Explanation:
Original cost of machine = $270,000
Machine sold for = $150,000
Book value = $120,000
Down payment = $30,000
$60,000 payable on December 31 each of the next two years
.
Present value of an ordinary annuity of 1 at 9% for 2 years = 1.75911
The amount of the notes receivable net of the unamortized discount:
= Amount paid on December 31st × Present value of an ordinary annuity
= $60,000 × 1.75911
= $105,547
A popular manuscript format during the Gothic period was the <u>Moralized Bible</u>, <span>which paired selected scriptural passages with interpretations, using pictures and words to convey the message.
Its original name is </span><span>Bible moralisée, also known as biblia pauperum (Paupers' Bible), which is a type of a Bible with illustrations for the majority of poor people who couldn't read at the time. The Church still wanted to educate even the poor about the events of the Bible, but given that they couldn't read, they introduced pictures to help them out.</span>
<span>France and Belgium wanted Germany to pay for the entire financial cost of the war
</span><span>The "War guilt clause" </span>placed sole responsibility for the war on Germany and said that they must pay back the allies for the war expenses. It <span>was a statement that Germany was responsible for beginning World War I.</span>
