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pls help in detail on how to solve this problem with out using Excel thank you Thunder Corporation, an amusement park, is considering a capital

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pls help in detail on how to solve this problem with out using Excel thank you
Thunder Corporation, an amusement park, is considering a capital investment in a new exhibit. The exhibit would cost $221,476 and have an estimated useful life of 12 years. It can be sold for $61,600 at the end of that time. (Amusement parks need to rotate exhibits to keep people interested.) it is expected to increase net annual cash flows by $29,100. The company's borrowing rate is 8%. Its cost of capital is 10%. Click here to view PV table, Calculate the net present value of this project to the company and determine whether the project is acceptable. If the net present value is negative, use either a negative sign preceding the number eg -45 or parentheses eg (45). For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round present value answer to 0 decimal places, eg. 125.) Net present value $ The project is not acceptable is acceptable DOR TABLE4 Present Value of an Annuity of 1 in Payments 4% 5% 6% 7% 0% . 10% 11% 124 15% 1 96154 95238 94340 93458 92593 91743 90909 90090 89286 .86957 2 1.88609 1.85941 1.83339 1.80802 1.78326 1.75911 1.73554 1.71252 1.69005 1.62571 3 2.77509 2.72325 2.67301 2.62432 2.57710 2.53130 2.48685 2.44371 2.40183 2.28323 4 3.62990 3.54595 3.46511 3.38721 3.31213 3.23972 3.16986 3.10245 3.03735 2 85498 5 4.45182 4.32948 4.21236 4.10020 3.99271 3.88965 3.79079 3.69590 3.60478 3.35216 6 5.24214 5.07569 4.91732 4.76654 4.62288 4.48592 4.35526 423054 4.11141 3.78448 7 6.00205 5.78637 5.58238 5.38929 5.20637 5.03295 4.86842 4.71220 4.56376 4.16042 8 6.73274 6.46321 6.20979 5.97130 5.74664 5.53482 5.33493 5.14612 4.96764 4.48732 9 7.43533 7.10782 6.80169 6.51523 6.24689 5.99525 5.75902 5.53705 5.32825 4.77158 10 8.11090 7.72173 7.36009 7.02358 6.71008 6.41766 6.14457 5.88923 5.65022 5.01877 11 8.76048 8.30641 7.88687 7.49867 7.13896 6.80519 6.49506 6.20652 5.93770 5.23371 9.38507 8.86325 8.38384 794269 7.53608 7.16073 6.81369 6.49236 6.19437 5.42062 13 9.98565 9.39357 8.85268 8.35765 7.90378 7.48690 7.10336 6.74987 6.42355 5.58315 14 10.56312 9.89864 9.29498 8.74547 8.24424 7.78615 7.36669 6.98187 6.62817 5.72448 15 11.11839 10.37966 9.71225 9.10791 8.55948 8.06069 7.60608 7.19087 6.81086 5.84737 16 11.65230 10.83777 10.10590 9.44665 8.85137 8.31256 7.82371 7.37916 6.97399 5.95424 17 12.16567 11.27407 10.47726 9.76322 9.12164 8.54363 8.02155 7.54879 7.11963 6.04716 18 12.65930 11.68959 10.82760 10.05909 9.37189 8.75563 8.20141 7.70162 7.24967 6.12797 19 13.13394 12.08532 11.15812 10.33560 9.60360 8.95012 8.36492 7.83929 7.36578 6.19823 20 13.59033 12.46221 11.46992 10.59401 9.81815 9.12855 8.51356 7.96333 7.46944 6.25933 Table 4 shows that the present value of an annuity of 1 factor for three payments at 10% is 2.48685 1 The difference of.00001 between 2.48686 and 2.48685 is due to rounding BLE 3 Present Value of 1 UNTU WIS DIU die prosent value of 1 factors. (n) Periods 1 2 on Go 4 6 7 4% 5% 6% 7% 8% 9% 10 11% 125 15% .96154.95238 94340 .93458.92593 91743.90909.9009089286 86957 .92456 .90703 .89000 .87344.85734 84168 82645 81162 79719.75614 88900 86384.83962 .81630.79383 .77218.75132 73119 71178 65752 .85480 .82270.79209.76290 .73503 .70843 .68301 .65873.63552 57175 .82193 .78353.74726 71299.68058 .64993.62092 59345 56743 49718 .79031 .74622 70496 .66634.63017 .59627.5644753464 50663.43233 .75992 .71068.66506.62275.58349 .5470351316 48166 235 .37594 73069 .67684 .62741.58201 .54027 50187 .46651 .43393.40388 32690 .70259 .64461 .59190.54393.50025 .46043.42410 .39092.36061 .28426 .67556.61391 .55839.50835.46319.42241 .38554 .35218.32197 24719 .64958 .58468 .52679.47509 42888 .38753 .35049 .3172828748 21494 62460 55684.49697 44401 39711 35554 31863 28584 .25668 18691 .60057.53032.46884 .41496.36770.32618 28966 25751 2291716253 .57748.50507 44230 .38782.3404629925 26333 23199 20462.14133 55526.48102 .41727 36245 .31524 27454.23939 20900 18270.12289 8 9 10 11 12 13 14 15 16 17 18 19 20 53391 45811 39365 .33873.29189 25187 21763 18829.16312.10687 .51337 43630.37136.31657 27027 .23107.19785 .16963 14564 .09293 49363.41552 .35034 29586 .25025 21199 .17986.15282 .13004 .08081 47464 .39573 33051 27615 23171.19449.16351 .13768 .11611 .07027 .45639 37689 .31180 25842 21455 17843.14864.12403 10367 06110

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