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3 years ago

Iggy Company is considering three capital expenditure projects. Relevant data for the projects are as follows.

Business

1 answer:

prisoha [69]3 years ago

7 0

Answer:

Depreciation amount has to be added back to the annual income because it is a non cash expense.

Project 22A

Depreciation = 242,000 / 6 years

= $40,333.33

Annual income = 40,333.33 + 16,890

= $57,223.33

IRR using Excel is:

= 11%

Project 23A

Annual income = 20,710 + 271,500 / 9 years

= $50,876.67

IRR = 12%

Project 24A

Annual income = 15,700 + 283,000 / 7 years

= $56,128.57

IRR = 9%

<em>Note: Look at the formula bar to see how IRR was calculated. </em>

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Answer:

A. Costs of providing remedial education and ethics training to company personnel

Explanation:

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4 years ago

Read 2 more answers

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seropon [69]

Answer:

strategic position

Explanation:

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3 years ago

For 2018, Franklin Manufacturing uses machineminus−hours as the only overhead costminus−allocation base. The estimated manufact

Kobotan [32]

Answer:

$7.5 per machine hour

Explanation:

The computation of the budgeted manufacturing overhead rate is shown below:

The budgeted manufacturing overhead rate = Estimated manufacturing overhead costs ÷ Estimated machine hours

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= $7.5 per machine hour

In order to compute the budgeted manufacturing overhead rate we simply divided the estimated manufacturing overhead costs by the estimated machine hours.

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4 years ago

Brad and Angie are married and file a joint return. For year 14, they had income from wages in the amount of $100,000 and had th

Leona [35]

Answer:

The amount of capital loss carryover to year 15 is 152,000

Explanation:

The working is attached with the answer please find the attached file.

The following losses cannot be claimed or considered

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3 years ago

Galloway, Inc. has an odd dividend policy. The company just paid a dividend of $6 per share and has announced that it will incre

anzhelika [568]

Answer:

the present value of the stock is 26.57

This will be the amount willing to pay per share today.

Explanation:

We have to calculate the present value of the future dividend

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