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of the above are ways that the businesses compensate 3 pts Question 29 NPV Company is thinking of buying a new machine that will have
of the above are ways that the businesses compensate 3 pts Question 29 NPV Company is thinking of buying a new machine that will have a five year it. The machine cost $100.000 today and generate cost savings of $40,000 per year for each of the five years. The companies cost of capitalis 10% The Net Present Value for the project is positive 524,840 positive $51,640 positive 111,640 Negative $75,160 Question 30 3 pts the payback pro for this This will save the ceny 22.00 $667,000 None of the above Question 28 3 pts We discussed, in the Hw video, the fact that businesses which sell on credit do not collect all of the credit sales for various reasons. We said that the businesses compensated for this, in order to remain in business, by: Switching to only selling for cash, Only extending credit to people who will pay, Relaxing their credit policy to include selling to everyone, Raising the price of all goods they sell by a small amount. All of the above are ways that the businesses compensate. Canvas None of the above 3 pts Question 27 October sales are budgeted to be Beany Company is in the process of preparing a cash receipts schedule for October. $1,000,000. Collections of sales are expected to be as follows: 50% in the month of sale 40% in the month following the sale 78 in the second month following the sale 31 uncollectible. August sales and $400,000 Uncollected sales as of September 31st are $500,000 of which $100,000 represents uncollected represents uncollected September sales. Cash receipts for October would be budgeted to be: $500,000 $820,000 $890,000 $667.000 None of the above Question 28 3 pts
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