=+The management accountant of Parsons determines the companys cost of capital as 6%. The management accountants salary
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=+The management accountant of Parsons determines the company’s cost of capital as 6%. The management accountant’s salary is $160000 per year; the expansion will not change that. The CEO asks for a report on expected revenues for the project, and is told by the Marketing Department that it might be able to achieve cash revenues of $1750000 annually from the aviation industry.
Parsons has a tax rate of 30%.
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Related Book For
Cost Accounting A Managerial Emphasis
ISBN: 9781442563377
2nd Edition
Authors: Monte Wynder, Madhav V. Rajan, Srikant M. Datar, Charles T. Horngren, William Maguire, Rebecca Tan
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