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
tresset_1 [31]
3 years ago
13

by installing a new injection molding machine into its assembly line, plastic molding Inc. can decrease its production cost by a

n estimated $35,000 the first year of installment, with an additional decrease of $4,000 each year throughout the life of the equipment. It is estimated the new equipment will have a 10 years useful life and a salvage equal to 10% of its initial cost. Use a nominal interest rate of 15% to calculate how much plastic molding Inc. can afford to pay for the new machine
Business
1 answer:
charle [14.2K]3 years ago
8 0

Answer: $47,032

Explanation:

To find the value plastic inc can afford to pay, we have to find the present value of the cost reductions.

The present value can be found using a financial calculator

Cash flow for year 1 = $35,000

Cash flow each year from year two to ten =$4,000

I = 15%

Pv = $47,031.6

You might be interested in
Why might a person assume the Mr. White could be doing well financially
defon

\huge\color{purple}{\mathbb{ANSWER:}}

Mr. White was the third and final owner of the talisman in W. W. Jacobs' short story "The Monkey's Paw." He plucked it from the fireplace when the previous owner, Sergeant Major Morris, tossed it there to burn and end the chain of misfortune that came with it. He is motivated mostly by curiosity, since he seems happy with his life and is financially secure.

Mr. White took the paw from his pocket and eyed it dubiously. "I don't know what to wish for, and that's a fact," he said slowly. "It seems to me I've got all I want."

<h2>Hope it helps!! </h2>
4 0
3 years ago
Farah Snack Co has earnings after taxes of $128, 750. Interest expense for the year was $20,000: preferred dividends paid were $
Leto [7]

Answer:

A. $0.90

Explanation:

Earning per share = (Net Income - dividends on preferred stocks)/average outstanding common shares

Particulars                                                               Amount

Earning After Tax                                                       128750

Taxes                                                                       15000

Earning before Tax & Interest Expense               143750

Interest Expense                                                      (20000)

Earning after Interest, but before Tax                       123750

Taxes                                                                       (15000)

Earning after Taxes                                               108750

Preferred Dividends                                               (18750)

Earning available for common stock holders       90000

common stock outstanding                                      100000

Earning per share                                                         0.9

Therefore, The outstanding Earnings per share on the common stock was $0.90

8 0
4 years ago
The following budgeted information is provided: Month 1 2 3 Sales in units 15,000 20,000 18,000 Production in units 16,000 22,00
nekit [7.7K]

Answer:

Purchases= 17,200 pounds

Explanation:

Giving the following information:

Production in units:

Month 1= 16,000 units

Month 2= 22,000 units

One pound of materials is required for each finished unit.

The inventory of materials at the end of each month should equal 20% of the following month's production needs.

Beginning inventory= 3,200 lbs.

To calculate the direct material required, we need to use the following formula:

Purchases= production + desired ending inventory - beginning inventory

Purchases= 16,000 + 22,000*0.2 - 3,200

Purchases= 17,200 pounds

8 0
3 years ago
LIST THE 7 MOST GORGEOUS RUSSIAN SUPERMODELS.
kvv77 [185]

Dude, you've got your priorities all sorted out ahahah

7 0
3 years ago
Read 2 more answers
Misaki, a sales manager at a startup cosmetics company, wants to determine her company’s market potential. She first develops a
Viefleur [7K]

The type of approach Misaki is using to determine her company's market potential is the breakdown approach, used to determine the size of sales forces needed in a company.

<h3 /><h3>Breakdown approach</h3>

Corresponds to a method used to identify an organization's sales force, through projections for future sales and past sales history.

Therefore, in the breakdown approach, the total sales value identified by the sales projection is divided by the sales generated by each sales professional, assuming that each one reaches the same level of productivity.

The correct answer is:

  • Breakdown approach

Find out more information about breakdown approach here:

brainly.com/question/5775960

6 0
3 years ago
Other questions:
  • Northland Juices, a division of New York-based Apple &amp; Eve, competes with Ocean Spray in the cranberry juice category. To be
    8·1 answer
  • Koffee, a brand of instant coffee, gives away a free coffee mug with its logo imprinted on it with every purchase of a 500g pack
    11·1 answer
  • A firm recently issued $1,000 par value, 20-year bonds with a coupon rate of 6% and semi-annual payments. The bonds sold at par
    7·1 answer
  • At a local university, students talk about being able to retake an exam three times as a way of showing how committed the school
    8·1 answer
  • Time value Personal Finance Problem Jim Nance has been offered an investment that will pay him ​$500 three years from today.
    8·1 answer
  • What is the shortcut to switch back and forth between windows?
    12·2 answers
  • Consider two cities, City A and City B, which are entirely identical except that Uber operates in City A, but not in City B. Con
    14·1 answer
  • What are the two kinds of business or organizational structure?​
    5·1 answer
  • Agatha was a licensed loan originator when the housing market slowdown left her with little work. She accepted a job outside the
    7·1 answer
  • No one answer then till my girly answers
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!