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4 years ago

Coffer Co. is analyzing two potential investments.

Business

1 answer:

MakcuM [25]4 years ago

4 0

Answer:

d. Project X

Explanation:

For Project X

Year Net cash outflow Net cash inflow Balance

0 -$77,000 -$77,000

1 $28,000 -$49,000

2 $28,000 -$21,000

3 $28,000 $7,000

4 0 $7,000

Payback period = 2 + $21,000 ÷ $28,000

= 2 + 0.75

= 2.75 years

For Project Y

Year Net cash outflow Net cash inflow Balance

0 -$55,000 -$55,000

1 $2,000 -$53,000

2 $25,000 -$28000

3 $25,000 -$3,000

4 $20,000 $17,000

Payback period = 3 +3,000 ÷ 20,000

= 3 + 0.15

= 3.15 years

Project X has a lesser than 3 year payback period. So, the correct option is D

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pishuonlain [190]

Answer:

all of the above

Explanation:

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3 years ago

Donham Corporation had $25,000 of raw materials on hand on May 1. During the month, the Corporation purchased an additional $65,

BlackZzzverrR [31]

Answer:

d. $66,000

Explanation:

Raw Material requisition = $66,000

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Dr. Cr.

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The debits to the Work in Process account as a consequence of the raw materials transactions in May is $66,000.

8 0

4 years ago

On January 1, 2022, Ayayai Corporation issued $1,820,000 face value, 6%, 10- year bonds at $1,692,171. This price resulted in an

Law Incorporation [45]

Answer:

$1,820,000 million in bonds issued January 1, 2022

coupon rate 6%

maturity = 10 years x 2 = 20 periods

market interest rate = 7%

1) January 1, 2022, bonds issued at a discount

Dr Cash 1,692,171

Dr Discount on bonds payable 127,829

Cr Bonds payable 1,820,000

2) December 31, 2022, accrued interests on bonds payable

Dr Interest expense 118,452

Cr Interest payable 109,200

Cr Discount on bonds payable 9,252

amortization of bond discount = ($1,692,171 x 7%) - $109,200 = $9,252

3) January 1, 2023, first coupon payment

Dr Interest payable 109,200

Cr Cash 109,200

4) December 31, 2023, accrued interests on bonds payable

Dr Interest expense 119,100

Cr Interest payable 109,200

Cr Discount on bonds payable 9,900

amortization of bond discount = ($1,701,423 x 7%) - $109,200 = $9,900

4 0

3 years ago

Typical components in a claim are the claim, a rationale, a call to action, and a statement of goodwill. As you write claims, ke

goldenfox [79]

Answer:

Explanation:

These assumptions are true, as a claim can be described as a request for correction or compensation of errors.

Therefore, when writing a claim, it is necessary to focus on adopting a respectful communication with the recipient, who in the workplace will probably be someone that you establish a type of professional relationship, so it is ideal to maintain an ethical and direct posture, exposing all facts of your claim in a logical and non-emotional way, providing the necessary justifications for the claim, which should focus on action and resolution.

4 0

4 years ago

A stock paying $5 in annual dividends currently sells for $80 and has an expected return of 14%. What might investors expect to

Drupady [299]

Answer:

$86.20

Explanation:

Total return from stock = Current price * expected return

Total return from stock = 80*14%

Total return from stock = $11.20

Dividend already realized = $5

Capital gain = $11.20 - $5

Capital gain = $6.20

End of one year price = Beginning price + capital gain

End of one year price = $80 + $6.20

End of one year price = $86.20

Therefore, at the end of one year price is $86.20

5 0

3 years ago