Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on May 28, 2024

16. A manufacturing equipment that costs P85 000.00 will have to be replaced in three years. If the inflation rate is 7.5% and the

16. A manufacturing equipment that costs P85 000.00 will have to be replaced in three years. If the inflation rate is 7.5% and the interest rate is 12% per year, determine the future amount needed for the replacement. (Ans. 148 353.70)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Intermediate Accounting

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield.

9th Canadian Edition, Volume 2

470964731, 978-0470964736, 978-0470161012

More Books

Students also viewed these Accounting questions

Question

★★★★★

Starting with the general linear form (16.2.1), verify the interpolation relations (16.2.4) and (16.2.5). Equation 16.2.1 Equation 16.2.4 Equation 16.2.5 u(x,y) = C+Ccx + c3y

Answered: 1 week ago

Question

★★★★★

On January 1, 2008, Enid Inc. had the following balance sheet. The accumulated other comprehensive income related to unrealized holding gains on available-for-sale securities. The fair value of Enid...

Answered: 1 week ago

Question

★★★★★

Bobbie Howell, the managing partner of the law firm Howell, Bagan, and Clark, LLP, makes asset acquisition and disposal decisions for the firm. As managing partner, she supervises the partners in...

Answered: 1 week ago

Question

★★★★★

3. Vary your pace and volume in speaking. Use silence for emphasis.

Answered: 1 week ago

Question

★★★★★

The Shrives Corporation has $10,000 that it plans to invest in marketable securities. It is choosing among AT&T bonds, which yield 7.5 percent, state of Florida mu ni bonds, which yield 5 percent,...

Answered: 1 week ago

Question

★★★★★

Advertising Costs Administrative Salaries Delivery Vehicle Depreciation Factory Repair and Maintenance Indirect Labor Indirect Materials Manufacturing Equipment Depreciation Office Rent President's...

Answered: 1 week ago

Question

★★★★★

Lothbrok Industries Ltd. Income Statement (Millions USD) Revenue Cost Of Goods Sold Gross Profit Selling General & Admin Exp. Depreciation & Amort. Operating Income Interest Expense Earnings Before...

Answered: 1 week ago

Question

★★★★★

Explain the Stuxnet virus. Be sure to cover what its goals were thought to be, how successful it was in accomplishing those goals, the possible methods of initial system infections, how it was...

Answered: 1 week ago

Question

★★★★★

Anna, Luke, Charlotte, Diego and Emma share ownership of an apartment building under a tenancy in common, with equal shares of 20%. If Charlotte dies, which one of the following represents the...

Answered: 1 week ago

Question

★★★★★

Brainstorm how mental health and wellness professionals can enhance the success and longevity of nonprofit organizations in this field through effective budgeting practices. Consider the role of...

Answered: 1 week ago

Question

★★★★★

Question 9 Explain by means of what will you prepare the compressed air systems for service? (5)

Answered: 1 week ago

Question

★★★★★

Given that q(x) = 10x-6 2x-2 find (91) (6) using the Inverse Function Theorem. Note that q(3) = 6. (Do not include "(q) (6) =" in your answer.)

Answered: 1 week ago

Question

★★★★★

47F Mostly cloudy @N W S X 3 C QUESTION 12 Which one of the following is correct? O V = CA OV = C O V + = C O VA = C = $ 4 R V % Se T G B Q Search H N EXT 00 A I M 01 K FIQ EX+ F11 Pause P ScrLk Pets...

Answered: 1 week ago

Question

★★★★★

Which provision could best be justified as encouraging small business? a. Ordinary loss allowed on $ 1244 stuck. b. Percentage depletion. c. Domestic production activates deductions. d. Interest...

Answered: 1 week ago

Question

★★★★★

A sample of n 5 25 scores has a mean of M 5 68. Find the z-score for this sample: a. If it was obtained from a population with m 5 60 and s 5 10 b. If it was obtained from a population with m 5 60...

Answered: 1 week ago

Question

★★★★★

Scores on a standardized reading test for fourth-grade students form a normal distribution with m 5 60 and s 5 20. What is the probability of obtaining a sample mean greater than M 5 65 for each of...

Answered: 1 week ago

Question

★★★★★

A normal distribution has a mean of m 5 54 and a standard deviation of s 5 6. a. What is the probability of randomly selecting a score less than X 5 51? b. What is the probability of selecting a...

Answered: 1 week ago

Previous Question Next Question