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AL EXAM ... Question 26 of 45 13 View Policies Current Attempt in Progress Sheridan Manufacturing is considering the purchase of new computerized equipment. The

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AL EXAM ... Question 26 of 45 13 View Policies Current Attempt in Progress Sheridan Manufacturing is considering the purchase of new computerized equipment. The machine costs $78200 and would generate $20240 in annual cost savings over its 5-year life. At the end of 5 years, the equipment would have a $4600 salvage value. Sheridan's required rate of return is 14%. Click here to view the factor table. Using the present value tables, the machine's net present value is nearest (round to the nearest dollar) O $-8714. O $-6325. O $69486. $101200. Save for Later Attempts: 0 of 1 used Submit Answer DOLLQuestion 27 of 45 -13 . .. View Policies Current Attempt in Progress Debra King is opening a small flower shop that will focus primarily on delivery, though it will provide a small showroom for walk-in customers. A local florist is retiring and selling her small flower shop to Debra for $228800. The shop has a remaining life of 20 years. Debra expects to have incremental revenues of $ 104000 per year and pay approximately 60% of revenues in operating costs. What is the payback period for Debra's flower shop? 6.33 years O 2.20 years O 5.50 years O 3.67 years Save for Later Attempts: 0 of 1 used Submit Answer 9Question 28 of 45 -13 View Policies Next question Current Attempt in Progress The payback period of a project that produces even cash flows each year is calculated by dividing the gross initial investment by the projected net annual cash flow. net initial investment by the projected annual cash inflows. net initial investment by the projected net annual cash flow. gross initial investment by the projected annual cash inflows. Save for Later Attempts: 0 of 1 used Submit AnswerQuestion 29 of 45 13 E View Policies Current Attempt in Progress Which of the following would not be an advantage of decentralization? Top management is free to focus on the long-term strategies of the organization. O Duplication of effort is minimized. Companies can develop their own managers internally by giving lower-level managers practice in developing their decision- making skills. "O All of these answer choices are advantages of decentralization. Attempts: 0 of 1 used Submit AnswerZ' Centralized 41:3 Segmented decisionmaking. ii? Decentralized. Divisional Siablliv. Attempts: O of 1 used

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