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AVprozaik [17]
3 years ago
10

Ingram Electric Products is considering a project that has the following cash flow and WACC data. What is the project's MIRR? No

te that a project's projected MIRR can be less than the WACC (and even negative), in which case it will be rejected.
WACC: 11.00%

Year 0 1 2 3

Cash flows -$800 $350 $350 $350
Business
1 answer:
SpyIntel [72]3 years ago
6 0

Answer:

the project's MIRR is 13.50 %.

Explanation:

MODIFIED INTERNAL RATE OF RETURN (MIRR)

-It is the rate that causes the Present Value of the Terminal Value (Future Cash flows at the end of the Project) to equal Present Value of Cash outflows.

-MIRR assumes a reinvestment rate at the end of the project

The First Step is to Calculate the Terminal Value at end of year 3.

Terminal Value (FV) = Sum of (PV x (1 + r) ^ 3 - n)

                                 = $350 x (1.11) ^ 2 + $350 x (1.11) ^ 1 + $350 x (1.11) ^ 0

                                 = $431.24 + $388.50 + $350.00

                                 = $1,169.74

The Next Step is to Calculate the MIRR using a Financial Calculator :

(-$800)        CFj

0          CFj

0          CFj

$1,169.74  CFj

Shift IRR/Yr 113.50 %

Therefore, the MIRR is 13.50 %

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Garnett Co. expects to purchase $180,000 of materials in July and $210,000 of materials in August. Three-fourths of all purchase
Savatey [412]

Answer:

The correct option is B.

Explanation:

It is given that Garnett Co. expects to purchase $180,000 of materials in July and $210,000 of materials in August.

Purchase in July = $180,000

Purchase in August = $210,000

Three-fourths of all purchases are paid for in the month of purchase, and the other one-fourth are paid for in the month following the month of purchase.

In August, the cash disbursements for materials purchases be 3/4th of $210,000 (Purchase in August) and 1/4  of $180,000 (Purchase in July).

August's cash disbursements for materials purchases be

Amount=\frac{3}{4}\times 210000+\frac{1}{4}\times 180000

Amount=157500+45000

Amount=202500

The August's cash disbursements for materials purchases be $202500. Therefore the correct option is B.

4 0
3 years ago
"On January 1, MM Co. borrows $360,000 cash from a bank and in return signs an 8% installment note for five annual payments of $
scoray [572]

Answer:

1.Jan 01 Dr Cash 360,000

Cr Notes payable 340,000

2.Interest expense 28,800

Principal Reduction 61,364

Explanation:

MM Co.

1 . Journal entry

Since MM Co. borrows $360,000 cash on January 1 from a bank this means we have to

Debit Cash with the amounts of money he borrowed which is $360,000 and Credit Notes Payable with the same amount.

Jan 01 Dr Cash 360,000

Cr Notes payable 340,000

2. Calculation of the amount goes toward interest expense and Principal reduction

Interest expense 28,800

(360,000*8%)

Principal Reduction 61,364

(90,164-28,800)

5 0
3 years ago
how a teacher can use motivational strategies to control problem behavior in classroom give an example
noname [10]
<h3><u>Answer</u></h3>

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Just recently a rift opened up in Kenya, which seismologists seem to think is the pre-cursor of a major tectonic plate movement, splitting apart a part of Africa, which could include Ethiopia

Here are some strategies that can be used in the classroom to help motivate students:

  • Promote growth mindset over fixed mindset.
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5 0
2 years ago
NextLinx Corporation provides a wide range of strategic implementation services for small- and medium-sized organizations. It al
maks197457 [2]

Answer:

The correct answer is: e-commerce enabler.

Explanation:

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5 0
3 years ago
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Fittoniya [83]

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Explanation:

Self leadership is normally defined as the  process in which a individual is able to control his  own behavior and at the same time he leads and influence others to follow them . These  individuals  use several behavioral strategies to empower and lead others people

<u>The Five element of Self Leadership are </u>:-

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  2. Constructive Thought Patterns
  3.  Designing Natural Rewards
  4.  Self-monitoring
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<u>Self-leadership Strategies includes</u>

  1. <u>Personal Goal Setting</u>
  2. <u>Designing Natural Rewards</u>
  3. <u>Constructive Thought Patterns</u>
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