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Tanzania [10]
3 years ago
11

Janes, Inc., is considering the purchase of a machine that would cost $410,000 and would last for 5 years, at the end of which,

the machine would have a salvage value of $41,000. The machine would reduce labor and other costs by $101,000 per year. Additional working capital of $3,000 would be needed immediately, all of which would be recovered at the end of 5 years. The company requires a minimum pretax return of 13% on all investment projects.
Required:
Determine the net present value of the project. (Negative amount should be indicated by a minus sign.)
Business
1 answer:
ki77a [65]3 years ago
5 0

Answer:

- $33,678.21

Explanation:

Cash flow Summary of the Project will be as follows

Year 0 = $410,000 + $3,000 = - $413,000

Year 1 = $101,000

Year 2 = $101,000

Year 3 = $101,000

Year 4 = $101,000

Year 5 = $101,000 + $41,000 + 3,000 =  $145,000

So the Net Present Value can now be calculated using the CFj function of a Financial calculator as follows :

- $413,000 CF 0

  $101,000 CF 1

  $101,000 CF 2

  $101,000 CF 3

  $101,000 CF 4

 $145,000 CF 5

i/yr = 13%

Shift NPV = - $33,678.21

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Business professionals value workplace relationships and professional behavior; therefore, it is vital to understand the charact
____ [38]

Answer: <em>Polish, Civility and Social Intelligence </em>

Explanation:

The following are the synonyms for the professional behavior: Civility, Polish and Social Intelligence. Social intelligence is referred to as or known as the capacity of an individual to know himself/herself and other individual.  Civility is referred or as known as the civilized conduct  i.e. considered to be a polite act or an expression .

6 0
3 years ago
Consider the following data for​ Tyrovia, a country that produces only two​ products: guns and butter. Year Guns Produced Price
photoshop1234 [79]

Answer:D. $690

Explanation:

GIVEN THE FOLLOWING :

YEAR 2009

Guns produced = 80

​price of gun =$5

Butter produced = 40

price of butter = ​$4

Year 2018

Guns produced = 90

Price of guns = $6

Butter produced = 60

Price of butter = $10

REAL GDP FOR TYROVIA FOR 2018 USING 2009 AS BASE YEAR IS GIVEN AS:

(GUNS PRODUCED IN 2018 × PRICE OF GUNS IN 2009) + (BUTTER PRODUCED IN 2018 × PRICE OF BUTTER ON 2009)

REAL GDP = ( 90 × $5) + (60 × $4)

REAL GDP = $450 + $240 = $690

3 0
3 years ago
Read 2 more answers
When or how does a contract become a legal document and is binding on all parties involved?
mr_godi [17]
For a contract to be legally binding and enforceable, consideration must be exchanged. A legally enforceable contract can either be written or oral. However, depending on the nature of the transaction, some contracts might need to be written down to be enforceable. Hope this helps
7 0
4 years ago
Ming Company had net income of $772,200 based on variable costing. Beginning and ending inventories were 7,800 units and 5,200 u
Otrada [13]

Answer:

$764,400

Explanation:

Given that,

Net income under variable costing = $772,200

Beginning inventories = 7,800 units

Ending inventories = 5,200 units

Fixed overhead per unit = $3

Net income under absorption costing:

= Net income under variable costing - [(Beginning inventories - Ending inventories) × Fixed overhead per unit]

= $772,200 - [(7,800 - 5,200) × $3]

= $772,200 - $7,800

= $764,400

7 0
4 years ago
Will mark BRAINLIEST!!!
nikklg [1K]

Answer:

Netsuite

Hope this answer helps you :)

Have a great day

mark brainliest

8 0
3 years ago
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