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DaniilM [7]
3 years ago
5

M Corporation has provided the following data concerning an investment project that it is considering: Initial investment$220,00

0 Annual cash flow $129,000per year Expected life of the project 4years Discount rate 9% Click here to view Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using the tables provided. The net present value of the project is closest to:
Business
1 answer:
weeeeeb [17]3 years ago
5 0

Answer:

$197,923.86

Explanation:

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During March, Pendergraph Corporation incurred $65,000 of actual Manufacturing Overhead costs. During the same period, the Manuf
Usimov [2.4K]

Answer:

debit to Manufacturing Overhead of $65,000

Explanation:

Manufacturing overhead cost are those that are shared to different processes that do not contribute directly to product being manufactured.

For example raw materials is a direct contributor to goods, while labour is a overhead cost that indirectly contributed to the good.

On the given scenario it is the actual amount incurred that will be debited to the books of the company.

So there will be a debit to Manufacturing Overhead of $65,000

8 0
3 years ago
coomer co had net sales of 600000 net income of 35260 and average total assets of 680000 what is the return on total assets
Charra [1.4K]

Answer:Return on Total assets ==5.19%

Explanation:

Return on Total assets shows  one the idea of the  profitability of  a company's assets in generating revenue before  interest and taxes. it is expressed in percentage and its formula is given as

Return on Assets = Net Income (Earning before interest and taxes) / Average total assets

                        = 35,260/ 680,000 = 0.05185 x 100

                        =5.19%

5 0
3 years ago
Read 2 more answers
Ifre chapter 1, conceptual multiple
geniusboy [140]

Answer:

Explanation:

When the future revenue producing ability of the inventory is above its original cost the

companies should reports their inventory value with LCNV method.

5 0
3 years ago
The FI Corporation’s dividends per share are expected to grow indefinitely by 5% per year. a. If this year’s year-end dividend i
Andreyy89

Answer:

a)

P₀ = Div₁ / (Re - g)

  • P₀ = current stock price = ?
  • Div₁ = next dividend = $8
  • Re = equity cost = 10%
  • g = constant growth rate = 5%

P₀ = $8 / (10% - 5%) = $8 / 5% = $160

b)

EPS = $12

Return on equity (ROE) = g / b

b = retention rate = 1 - payout ratio = 1 - ($8/$12) = 0.333

g = 5%

ROE = 5% / 0.333 = 15%

c)

Present value of growth opportunity (PVGO) = P₀ - EPS/Re

  • P₀ = $160
  • EPS = $12
  • Re = 10%

PVGO = $160 - $12/10% = $160 - $120 = $40 per share

6 0
3 years ago
Effie Company uses a periodic inventory system. Details for the inventory account for the month of January, 2013 are as follows:
rjkz [21]

Answer:

The answer is $762

Explanation:

Without doubt the 140 units on hand at month end would comprises of:

100 bought units on 1/28/13 for $5.50 each        $550

40 units purchased on 1/15/13 $5.30 each           $212

Total value of closing inventory                             $762

The value of closing inventory at the end of the month using FIFO method of valuing inventory is $762

FIFO First In First Out method assumes that the first sets of stock purchased are sold first which is in  sharp contrast with LIFO Last In First Out where the last sets of inventory are assumed to be sold first.

However, the LIFO method tends to overvalue inventory in a period of rising inflation

7 0
3 years ago
Read 2 more answers
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