Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In 2012, XYZ Company revisod the useful life of its equipment from cight years to sis years Depreciatio recorded in prior years on existing equipment

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
In 2012, XYZ Company revisod the useful life of its equipment from cight years to sis years Depreciatio recorded in prior years on existing equipment was 5126,000 applying the eight-year uieful life. Depreciation in prior years would have been $186.000 if the six-year useful lifie had hoen used Assuing an income tasx rate of 40% XYZv increase in 2012 openngraantdeam np would be a) 60,000 b) 36,000 c) 24.000 d) 0 12,000 9 ABC Company is considering investing in a two-year project. Its required rate of return is 10% The present value of Sifor one period at l0%is 909 and fr two periods at lonissa The proyect is espected to create cash flows, net of tases, of $50,000 in the first year, and $100,000 in the second year ABC should nvest itn the project if the project's cost is less than or equal to a) $180,000 b) s163,620 c) $155.320 $148,68 e) none of the above 10 Which of the following might he classified as a cash equivalent a) cash in a checking acoo bi s 30-day treasury bill c) money orders waiting to be deposited d) a 120-day treasury bill e) none of the ahove 11. Using the mpar dats helow,caleulate revenue in year w Revenue will grow at 6.2% and 9% for first and tecond ymis. The current year's revenue was KZT 27,783 ) 135,708 b) 139,158 c) 144.121 d) 151,543 e) 147,78 12. Using information in the table below, calculate tax expense at 25% rounded to te nearest number. Account Revenue Cost of goods sold equals 80% of KZT 31,756 0 G&A expenses of 10% of COGS Tas espetse of25% a) 953 b) 794 c) 1190 d) 7939 e) 6986 In 2012, XYZ Company revisod the useful life of its equipment from cight years to sis years Depreciatio recorded in prior years on existing equipment was 5126,000 applying the eight-year uieful life. Depreciation in prior years would have been $186.000 if the six-year useful lifie had hoen used Assuing an income tasx rate of 40% XYZv increase in 2012 openngraantdeam np would be a) 60,000 b) 36,000 c) 24.000 d) 0 12,000 9 ABC Company is considering investing in a two-year project. Its required rate of return is 10% The present value of Sifor one period at l0%is 909 and fr two periods at lonissa The proyect is espected to create cash flows, net of tases, of $50,000 in the first year, and $100,000 in the second year ABC should nvest itn the project if the project's cost is less than or equal to a) $180,000 b) s163,620 c) $155.320 $148,68 e) none of the above 10 Which of the following might he classified as a cash equivalent a) cash in a checking acoo bi s 30-day treasury bill c) money orders waiting to be deposited d) a 120-day treasury bill e) none of the ahove 11. Using the mpar dats helow,caleulate revenue in year w Revenue will grow at 6.2% and 9% for first and tecond ymis. The current year's revenue was KZT 27,783 ) 135,708 b) 139,158 c) 144.121 d) 151,543 e) 147,78 12. Using information in the table below, calculate tax expense at 25% rounded to te nearest number. Account Revenue Cost of goods sold equals 80% of KZT 31,756 0 G&A expenses of 10% of COGS Tas espetse of25% a) 953 b) 794 c) 1190 d) 7939 e) 6986

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

More Books

Students also viewed these Finance questions

Question

What else could you do?

Answered: 1 week ago

Question

Who can help you?

Answered: 1 week ago

Question

What options do you have?

Answered: 1 week ago