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KiRa [710]
3 years ago
3

The Lunch Counter is expanding and expects operating cash flows of $49,500 a year for nine years as a result. This expansion req

uires $36,500 in new fixed assets. These assets will be worthless at the end of the project. In addition, the project requires $2,200 of net working capital throughout the life of the project. What is the net present value of this expansion project at a required rate of return of 15.6 percent
Business
2 answers:
Ratling [72]3 years ago
8 0

Answer:

$193,132.81

Explanation:

NPV = −$36,500 − 2,200 + $49,500{[1 − (1/1.1569)]/.156} + $2,200/1.1569

NPV = $193,132.81

xxMikexx [17]3 years ago
7 0

Answer:

$2,000

Explanation:

the net present value of this expansion project at a required rate of return of 15.6 percent

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Economists speaking like scientists make a. positive statements. b. prescriptive statements. c. claims about how the world shoul
eduard

Answer:

a. positive statements.

Explanation:

Positive statements is a statement from the field of positive economics that deals with measurement and explanation of economic phenomena, it deals with or studies 'what is' or how the various economics problems of what to produce, how to produce, when to produce and for whom to produce are actually solved. it uses relevant fact for its analysis.

3 0
4 years ago
Timothy McGreggor, Attorney, P.C., began the year with total assets of $129,000, liabilities of $77,000, and stockholders’ equit
Ahat [919]

Answer:

Ending stockholders' equity $ 68.000

Explanation:

The net income for the year is Revenue - Expenses

so $ 113,000 - $34,000     =   Net Income $ 79,000

Stockholders Equity at end of year

Opening stockholders' equity                 $  52,000

Add: Net income for the year                  $  79,000

Less: Dividends Paid                                <u>$ (63,000)</u>

Ending stockholders' equity                    $  68,000

7 0
3 years ago
g In translating the financial statements of a foreign subsidiary into the parent’s reporting currency under the current rate me
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The translation adjustment is a function of the foreign subsidiary's net assets.

3 0
3 years ago
A convention is best described as: a) A large marketplace for trading b) A legislative meeting c) A large meeting dedicated to a
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Answer:

Option C                  

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Conventions are mostly organised and managed by skilled gathering and conference managers, sometimes by the event organising company's employees or by independent experts, sometimes in exact description. Many big cities should have a conference centre devoted to organising activities like these.

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This promptness in business meetings exemplifies how the perceptions of <u>time </u>differ among nations.

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Americans value promptness in business meetings because it shows how punctual you're and how you'll be when delivering assignments and projects.

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This signifies how the perception of <u>time </u>differs among nations where time is being valued differently.

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