Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please solve last one question{17.07}. A F G 6 B C D E Capital Decision Making 9 Big Al gives his worker's a one hour

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed

please solve last one question{17.07}.

A F G 6 B C D E Capital Decision Making 9 Big Al gives his worker's a one hour lunch and two fifteen minute breaks each day. He believes that a 13 cold soda machine would be appreciated by his workers, and an appreciated worker is a good worker. 14 He has priced a machine at a national member only warehouse for $1,800. The machine should be 15 usable for 3 years, after which it would be inefficient, obsolete and would have to be disposed of at the 16 dump. Big Al believes that 12 cans a day will be purchased. The plant is open five days a week, 50 17 weeks per year. A case of soda (24 cans) costs $6.24 and Big Al believes that a price of $.70 per 21 can would win him good will. What is the estimated annual sales in cans of soda? 3,000 cans {17.01} What is the contribution margin per can of soda? (rounded to two places, $#.###) 0.44 {17.02} How many cans of soda must be sold each year to breakeven? (Round up to zero places, # # cans) 1800/3+6.24x/24=0.7x 0.26 0.44 1,364 cans (17.03} Annual incremental cash inflows from the soda machine? (rounded to two places, $#.##) 1,320.00 [17.04} What is the payback period in years? (rounded to two places, #.## years) 1.36 years {17.05} If the time value of money is 12% per year what is the net present value? Use the tables on page 18. | TOUUI5+6.24X124-U. IX U ? .441 1.964 Calis {17.03} Annual incremental cash inflows from the soda machine? (rounded to two places, $#.##) 1,320.00 [17.04) What is the payback period in years? (rounded to two places, #.## years) 1.36 years {17.05} If the time value of money is 12% per year what is the net present value? Use the tables on page 18. 1,370.64 {17.06} What is the internal rate of return. Pick the closest interest rate from the tables on page 18. 54.00% {17.07) A B G H I J K 4 1 L M C D E F Present Value of Annuity $1.00 in Arrears A WN Interest Periods Interest Periods 1724 1.810 711 12 17 18 19 20 22 Rate 2.0% 2.5% 3.0% 3.5% 4.0% 4.5% 5.0% 5.5% 6.0% 6.5% 7.0% 7.5% 8.0% 8.5% 9.0% 9.5% 10.0% 10.5% 11.0% 11.5% 12.0% 12.5% 13.0% 13.5% 14.0% 14.5% 15.0% 15.5% 16.0% 16.5% 17.0% 17.5% 18.0% 18.5% 19.0% 19.5% 20.0% 20.5% 21.0% 21.5% 22.0% 25 2.884 2.856 2.829 2.802 2.775 2.749 2.723 2.698 2.673 2.648 2.624 2.601 2.577 2.554 2.531 2.509 2.487 2.465 2.444 2.423 2.402 2.381 2.361 2.341 2.322 2.302 2.283 2.264 2.246 2.228 2.210 2.192 2.174 2.157 2.140 2.123 2.106 2.090 2.074 2.058 2.042 3.808 3.762 3.717 3.673 | 3.630 3.588 3.546 3.505 3.465 3.426 3.387 3.349 3.312 3.276 3.240 3.204 3.170 3.136 3. 102 3.070 3.037 3.006 2.974 2.944 2.914 2.884 2.855 2.826 2.798 2.770 2.743 2.716 2.690 2.664 2.639 2.613 2.589 2.564 2.540 2.517 2.494 4.713 4.646 4.580 4.515 4.452 4.390 4.329 4.270 4.212) 4.156 4.100 4.046 3.993 3.941 3.890 3.840 3.791 3.743 3.696 3.650 3.605 3.561 3.517 3.475 3.433 3.433 3.392 3.352 3.313 3.274 3.236 3.199 3.163 3.127 3.092 3.058 3.024 2.991 | 2.958 2.926 2.895 2.864 5.601 5.508 5.417 5.329 5.242 5.158 5.076 4.996 4.917 4.841 4.767 4.694 4.623 4.554 4.486 4.420 4.355 4.292 4.231 4.170 4.111 4.054 3.998 3.943 3.889 3.836 3.784 3.734 3.685 3.636 3.589 3.543 3.498 3.453 3.410 3.367 3.326 3.285 3.245 3.205 3.167 Rate 50.5% 51.0% 51.5% 52.0% 52.5% 53.0% 53.5% 54.0% 54.5% 55.0% 55.5% 56.0% 56.5% 57.0% 57.5% 58.0% 58.5% 59.0% 59.5% 60.0% 60.5% 61.0% 61.5% 62.0% 62.5% 63.0% 63.5% 64.0% 64.5% 65.0%. 65.5% 66.0% 66.5% 67.0% 67.5% 68.0% 68.5% 69.0% 69.5% 70.0% 70.5% 1.399 1.391 1.383 1.375 1.368 1.368 1.360 1.352 1.345 1 1.337 1.330 1.323 1.315 1.308 1.301 1.294 1.287 1.280 1.273 1.266 1.260 1.253 1.247 1.240 1.234 1.227 1.221 1.214 1.208 1.202 1. 196 1.190 1.184 1.178 1.172 1.166 1.160 1.155 1.149 1.143 1.138 1.132 1.594 1.584 1.573 1.563 1.553 1.542 1.532 1.523 1.513 1.503 1.494 1.484 1.475 1.466 1.457 1.447 1 1.439 1.430 1.421 1.412 1.404 1.395 1.387 1.379 1.371 1.362 1.354 1.347 1.339 1.331 1.323 1.316 1.308 1.301 1.293 1.286 1.279 1.272 1.265 1.258 1.251 1 781 1.767 1.753 1.740 1 726 1.713 1.700 1.687 1.674 1.662 1.649 1.637 1 625 1 613 1.602 1.590 1.579 1.567 1.556 1.545 1.534 1.524 1.513 1.503 1.492 1.482 1.472 1.462 1.698 1.686 1.674 1.662 1.650 1.638 1.626 1.615 1.604 1.592 1.581 1.570 1.560 1.549 1.539 1.528 1.518 1.508 1.498 1.488 1.478 1.468 1.459 1.449 1.440 1.431 1.422 1.413 1.404 1.395 1.386 1.378 1.369 1.361 1.352 1.344 1.336 1.328 1.320 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 1.433 1.424 1.414 1.405 1.396 1.387 1.378 1.369 1.361 L 43 57 61 A 21.0% 21.5% 22.0% 22.5% 23.0% 23.5% 24.0% 24.5% 25.0% 25.5% 26.0% 26.5% 27.0% 27.5% 28.0% 28.5% 29.0% 29.5% 30.0% 30.5% 31.0% 31.5% 32.0% 32.5% 33.0% 33.5% 34.0% 34.5% 35.0% 35.5% / 36.0% 36.5% 37.0% 37.5% 38.0% 38.5% 39.0% 39.5% 40.0% 40.5% 41.0% 41.5% 42.0% 42.5% 43.0% 43.5% 62 B 2.074 2.058 2.042 2.027 2.011 1.996 1.981 1.967|| 1.952 1.938 1.923 1.909 1.896 1.882 1.868 1.855 1.842 1.829 1.816 1.803 1.791 1.779 1.766 1.754 1.742 1.730 1.719 1.707 1.696 1.685 1.673 1.662 1.652 1.641 1.630 1.620 1.609 1.599 1.589 1.579 1.569 1.559 1.549 1.540 1.530 1.521 C 2.540 2.517 2.494 2.471 2.448 2.426 2.404 2.383 2.362 2.341 | 2.320 2.300 2.280 2.260 2.241 2.222 2.203 2.185 2.166 2.148 2.130 2.113 2.096 2.079 2.062 2.045 2.029 2.013 1.997 1.981 1.981 1.966 1.951 1.935 1.921 | 1.906 1.892 1.877 1.863 1.849 1.836 1.822 1.809 1.795 1.782 1.769 1.757 D 2.926 2.895 2.864 2.833 2.803 2.774 2.745 2.717 2.689 2.662 2.635 2.609 2.583 2.557 2.532 2.507 2.483 2.459 2.436 2.412 2.390 2.367 | 2.345 2.324 2.302 2.2811 2.260 2.240 2.220 2.200 2.181 2.162 2.143 2.124 2.106 2.088 2.070 2.052 2.035 2.018 2.001 1.985 1.969 1.953 1.937 1.921 E 3.245 3.205 3.167 3.129 3.092 3.056 3.020 2.986 2.951 2.918 2.885 2.853 2.821 2.790 2.759 2.729 2.700 2.671 2.643 2.615 2.588 2.561 2.534 2.508 2.483 2.458 2.433 2.409 2.385 2.362 2.339 2.316 2.294 2.272 2.251 2.229 2.209 2.188 2.168 2.148 2.129 2.109 2.091 2.072 2.054 2.036 G 69.5% 70.0% 70.5% 71.0% 71.5% 72.0% 72.5% 73.0% 73.5% 74.0% 74.5% 75.0% 75.5% 76.0% 76.5% 77.0% 77.5% 78.0% 78.5% 79.0% 79.5% 80.0% 80.5% 81.0% 81.5% 82.0% 82.5% 83.0% 83.5% 84.0% 84.5% 85.0% 85.5% 86.0% 86.5% 87.0% 87.5% 88.0% 88.5% 89.0% 89.5% 90.0% 90.5% 91.0% 91.5% 92.0% H 1.143 1.138 1.132 1.127 1.121 1.116 1.111 1.105 1.100 1.095 1.090 1.085 1.079 1.074 1.069 1.064 1.060 1.055 1.050 1.045 1.040 1.036 1.031 1.026 | 1.022 1.017 1.013 1.008 1.004 0.999 0.995 0.991 0.986 0.982 0.978 0.974 0.969 0.965 0.961 0.957 0.953 0.949 0.945 0.941 0.937 0.933 K 1.378 1.369 1.361 1.352 1.344 1.335 1.327 1.319 1.311 1.303 1.295 1.287 1.279 1.272 1.264 1.256 1.249 1.242 1.235 1.227 1.220 1.213 1.206 1.199 I 1.265 1.258 1.251 1.244 1.237 1.230 1.224 1.217 1.210 1.204 1.198 1.191 1.185 1.179 1.172 1.166 1.160 1.154 1.148 1.143 1.137 1.131 1.125 1.120 1.114 1.108 1.103 1.097 1.092 1.087 1.081 1.076 1.071) 1.066 1.061 1.055 1.050 1.045 1.040 1.036 1.031 1.026 1.021 1.016 1.012 1.007 J 1.336 1.328 1.320 1.312 1.304 1.297 || 1.289 1.281 | 1.274 1.267 1.259 1.252 1.245 1.238 1.231 1.224 1.217 1.210 1.204 1.197 1.190 1.184 1.177 1.171 1.165 1.158 1.152 1.146 1.140 1.134 1.128 1.122 1.116 1.111 1.105 1.099 1.094 1.088 1.082 1.077 1.072 1.066 1.061 1.056 1.050 1.045 1.193 71 72 73 1.186 1.179 1.173 1.166 1.160 1.153 1.147 1.141 1.135 1.129 1.123 1.117 1.111 1.105 1.099 1.093 1.087 1.082 1.076 1.071 1.065 79 80 81 84 85 86 87 88 On AAA 4D47AA4 00 nnnnnnnnnnnnn 74 75 1.122 1.116 1 111 1.147 1.141 1 135 1 129 77 78 79 80 81 82 83 84 85 36.5% 37.0% 37.5% 38.0% 38.5% 39.0% 39.5% 40.0% 40.5% 41.0% 41.5% 42.0% 42.5% 43.0% 43.5% 44.0% 44.5% 45.0% 45.5% 46.0% 46.5% 47.0% 47.5% 48.0% 48.5% 49.0% 49.5% 50.0% 87 88 1.662 1.652 1.641 1.630 1.620 1.609 1.599 1.589 1.579 1.569 1.559 1.549 1.540 1.530 1.521 1.512 1.502 1.493 1.484 1.475 1.467 1.458 1.449 1.441 1 1.432 1.424 1.416 1.407 1.951 1.935 1.921 1.906 1.892 1.877 1.863 1.849 1.836 1.822 1.809 1.795 1.782 1.769 1 757 1.744 1.732 1.720 1.707) 2.162 2.143 2. 124 2.106 2.088 2.070 2.052 2.035 2.018 2.001 1.985 1.969 1.953 1.937 1.921 1.906 1.890 1.876 1.861 1.846 1.832 1.818 1.804 1.790 1.776 1.763 1.750 1.737 2.316 2.294 2.272 2.251 2.229 2.209 2.188 2.168 2.148 2.129 2.109 2.091 2.072 2.054 2.036 2.018 2.000 1.983 1.966 1.949 1.933 1.917 1.901 1.885 1.870 1.854 1.839 1.824 85.% 85.5% 86.0% 86.5% 87.0% 87.5% 88.0% 88.5% 89.0% 89.5% 90.0% 90.5% 91.0% 91.5% 92.0% 92.5% 93.0% 93.5% 94.0% 94.5% 95.0% 95.5% 96.0% 96.5% 97.0% 97.5% 98.0% 98.5% 99.0% 99.5% 100.0% U.991 11.076 0.986 1.071 0.982 1.066 0.978 1.061 0.974 1.055 0.969 1.050 0.965 1.045 0.961 1.040 0.957 1.036 0.953 1.031 0.949 1.026 0.945 1.021 0.941 1.016 0.937 1.012 0.933 1.007 0.930 1.002 0.926 0.998 0.922 0.993 0.918 0.989 0.914 0.984 0.911 0.980 0.907 0.975 0.903 0.971 0.900 0.967 0.896 0.962 0.893 0.958 0.889 0.954 0.885 0.950 0.882 0.946 0.878 0.942 0.875 0.938 90 1.105 1.099 1.094 1.088 1.082 1.077 1.072 1.066 1.061 1.056 1.050 1.045 1.040 1.035 1.030 1.025 1.020 1.015 1.010 1.006 1.001 0.996 0.992 0.987 0.982 0.978 0.973 0.969 1.123 1.117 1.111 1.105 1.099 1.093 1.087 1.082 1.076 1.071 1.065 1.060 1.054 1.049 1.044 1.039 1.033 1.028 1.023 1.018 1.013 1.008 1.003 0.999 0.994 0.989 0.984 92 93 1695 94 95 96 97 98 99 100 101 102 103 104 105 106 107 1.684 1.672 1.660 1.649 1.638 1.627 1.616 1.605 If off the chart use 100%

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

Principles Of Financial Auditing

Authors: Athmane Mokhbi

1st Edition

B09LGTJJFG, 979-8763532265

More Books

Students also viewed these Accounting questions

Question

=+ (c) Show that the Bernoulli shift is mixing.

Answered: 1 week ago