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please help me with these 6 questions, thank you very much! The following present value factors are provided for use in this problem. Periods Present
please help me with these 6 questions, thank you very much!
The following present value factors are provided for use in this problem. Periods Present Value of $1 at 88 0.9259 0.8573 0.7938 0.7350 Present Value of an Annuity of $1 at Be 0.9259 1.7833 2.5771 1.3121 Cliff Co. wants to purchase a machine for $40,000, but needs to earn a return of 8%. The expected year-end net cash flows are $12,000 in each of the first three years, and $16,000 in the fourth year. What is the machine's net present value? Multiple Choice O $2,685. $52.000 If one unit of Product Z2 used $2.70 of direct materials and $3.20 of direct labor, sold for $10.00, and was assigned overhead at the rate of 32% of direct labor costs, how much gross profit was realized from this sale? (Round your intermediate calculations and final answer to two decimal places.) Multiple Choice O $5.90 0 $1.02 0 $430 O $10.00 5 Garcia Corporation's April sales forecast projects that 6,500 units will sell at a price of $11.00 per unit. The desired ending inventory is 10% higher than the beginning inventory of 1,500 units. Budgeted purchases in April would be: Multiple Choice C) 8,000 units 0 6,650 units. 0 None of the choices are correct O 8150 units. enne A company can buy a machine that is expected to have a three-year life and a $28,000 salvage value. The machine will cost $1,792,000 and is expected to produce a $198,000 after-tax net income to be received at the end of each year. If a table of present values of $1 at 12% shows values of 0.8929 for one year, 0.7972 for two years, and 0.7118 for three years, what is the net present value of the cash flows from the investment discounted at 1237 Multiple Choice $579,405 Coomb's Fashions forecasts sales of $142,000 for the quarter ended December 31. Its gross profit rate is 10% of sales, and its September 30 inventory is $41,000. If the December 31 inventory is targeted at $50,000, budgeted purchases for this quarter should be: Multiple Choice 0 o $18, . o 3136, Boo. o c Coomb's Fashions forecasts sales of $142,000 for the quarter ended December 31. Its gross profit rate is 10% of sales, and its September 30 inventory is $41,000. If the December 31 inventory is targeted at $50,000, budgeted purchases for this quarter should be: Multiple Choice 0 o $18, . o 3136, Boo. o c Butler Corporation is considering the purchase of new equipment costing $48,000. The projected annual after tax net income from the equipment is $1,800, after deducting $16,000 for depreciation. The revenue is to be received at the end of each year. The machine has a useful life of 3 years and no salvage value. Butler requires a 11% return on its investments. The present value of an annuity of $1 for different periods follows: Periods 1 2 3 118 0.9009 1.7125 2.4437 3.1024 What is the net present value of the machine? Multiple Choice o $5,400 o $48.000
please help me with these 6 questions, thank you very much!
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