FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

ABC Corp's proposed project with an estimated life of 20years and salvage value of P 100,000requires an initial investment of P 1,000,000. It will yield

ABC Corp's proposed project with an estimated life of 20years and salvage value of P 100,000requires an initial investment of P 1,000,000. It will yield yearly cash inflow of P 100,000. Straight line method will be used. The annual rate of return based on average investment will be_____

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

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 Financial Management

Intermediate Financial Management

Authors: Eugene F. Brigham, Phillip R. Daves

7th Edition

0030333288, 9780030333286

More Books

Students also viewed these Finance questions

Question

★★★★★
Grossman Enterprises has an equity multiplier of 2.6 times, total assets of $2,312,000, an ROE of 14.8 percent, and a total assets turnover of 2.8 times. Calculate the firms sales and ROA.

Answered: 1 week ago

Question

★★★★★
Assume you are an accounting consultant for a hardware store that wants to set up a Web store using OS-Commerce (www.OS-commerce.com), the open- source shopping cart software. Your job is to advise...

Answered: 1 week ago

Question

★★★★★
What do you call your problem (or illness or distress)?

Answered: 1 week ago

Question

★★★★★
Loss Contingency Presented below is a note disclosure for Matsui Corporation. Litigation and Environmental: The Company has been notified, or is a named or a potentially responsible party in a number...

Answered: 1 week ago

Question

★★★★★
A bond is issued with a coupon of 6% paid annually, a maturity of 35 years, and a yield to maturity of 9%. What rate of return will be earned by an investor who purchases the bond for $683.00 and...

Answered: 1 week ago

Question

★★★★★
fROM sylvan motors , $960 PLUS $48 GST paid for lube, oil, filter changes for three trucks Purchase invoice total $1008. Terms :net 30 days.

Answered: 1 week ago

Question

★★★★★
5. (35 points) Consider a random sample X1, X2, ..., Xn taken from a population with the following density parameterized by > -1: fo(x) = = { + (0+1)x, 0 Answered: 1 week ago

Answered: 1 week ago

Question

★★★★★
1. Answer the following counting questions. a. Out of a group of 7 individuals, in how many ways can a chair, vice chair, and secretary be chosen? b. Among 10 people, 6 will be selected to go to a...

Answered: 1 week ago

Question

★★★★★
You are required the forms as per given scenario. You can choose any offline software to design the form. The form is just a design so needs not be in working stage. You cannot use online platforms...

Answered: 1 week ago

Question

★★★★★
A program that asks the user to enter a number between 1 and 20 (inclusive). It then prints out whether the number is between 1 and 10 (inclusive) or between 11 and 20 (inclusive) or if it is not in...

Answered: 1 week ago

Question

★★★★★
A piece of labor-saving equipment has just come onto the market that Mitsui Electronics, Limited, could use to reduce costs in one of plants in Japan. Relevant data relating to the equipment follow:...

Answered: 1 week ago

Question

★★★★★
Are you surprised that Daimler could implement a team-based production system like this in places where the cultures are as disparate as Alabama, Germany, and Brazil? Why? What inter-country cultural...

Answered: 1 week ago

Question

★★★★★
Explain how Valero might use the Towers Watson workforce planning process.

Answered: 1 week ago

Question

★★★★★
Based on your experience, what would the workflow look like for the process a dry-cleaning store uses to accept and chronicle a new order of clothes from a customer? How might this process be...

Answered: 1 week ago

Previous Question Next Question