Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please show formulas. Required information The Chapter 14 Form worksheet is to be used to create your own worksheet version of Example E and Exhibit

please show formulas.
image text in transcribed
image text in transcribed
Required information The Chapter 14 Form worksheet is to be used to create your own worksheet version of Example E and Exhibit 14.8 in the text. Download the Applying Excel form and enter formulas in all cells that contain question marks. For example, in cell 021 enter the formula - 910 Note: The present value factors could be computed using the built in Excel function PV, but we recommend using the formulas in Appendix 148. Verlly that your worksheet matches the example in the text Check your worksheet by changing the discount rate to 10%. The net present value should now be between $56,400 and $56.535 depending on the precision of the calculations. If you do not get an answer in this range find the errors in your worksheet and correct them. If you did not use formulas to calculate the Discount Factors, be sure that those values are updated appropriately using the Appendix 148 formules that are also noted at the bottom of the spreadsheet instead of using the Discount Factor tables Click here to view Exhibit 148.1 and Exhibit 1482. to determine the appropriate discount factors) using tobles. Save your completed Applying Excel form to your computer and then upload it here by clicking Browse Next, click Save. You will use this worksheet to answer the questions in Part 2 download reference fille upload a response file (15MB max) Choose Fe Note chosen Chaplet 14 Applying Excel Student Forms B D E F G H Chapter 14: Applying Excel Yaans 3 1 2 Data Example E 5 Cost of equipment needed $60,000 5. Working capital needed $100,000 7 Overhaul of equipment in four years $5,000 3 Salvage value of the equipment in five years $10,000 9 Annual revenues and costs: 10 Sales revenues $200,000 12 Cost of goods sold $125,000 12 Out-of-pocket operating costs $35,000 13 Discount rate 14% 14 15 Enter a fomula into each of the cols marked with a bolow 16 Exhibit 14-4 17 18 Now 19 Purchase of equipment 2 20 Investment in working capital 2 21 Sales 22 Cost of goods sold 23 Out-of-pocket operating costs 24 Overhaul of equipment 25 Salvage value of the equipment 26. Working capital released 27 Total cash flow (0) ? 28 Discount factor (14%) (6) 7 29 Procent value of cash flows() (b) 30 Not present value 2 31 32 Use the formulas from Append 138 33 Present value of $1 = 1/(1+ryn 34 Procent value of an annulty of $1 = (1/(141/11) 35 where is the number of years and is the discount rate 26 2 ? 2 7 7 2 2 2 2 7 2 7. 2 2 ? 2 7. ? 2 ? 7 ? 7 2 7 2

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

Accounting Ethics

Authors: Ronald F. Duska, Brenda Shay Duska, Julie Anne Ragatz

2nd Edition

1405196130, 978-1405196130

More Books

Students also viewed these Accounting questions

Question

How can Trip 7 prevent future supply chain uncertainties?

Answered: 1 week ago

Question

Define promotion.

Answered: 1 week ago

Question

Write a note on transfer policy.

Answered: 1 week ago

Question

Discuss about training and development in India?

Answered: 1 week ago

Question

Explain the various techniques of training and development.

Answered: 1 week ago