Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on May 27, 2024

QUESTION 1 Benaflek Co. purchased some equipment 3 years ago. The company's required rate of return is 12%, and the net present value of

QUESTION 1 Benaflek Co. purchased some equipment 3 years ago. The company's required rate of return is 12%, and the net present value of the project was $(900). Annual cost savings were: $10,000 for 3 years. The amount of the initial investment was, Present Value of 1 at 12% PV of an Annuity of 1 at 12% Year 1 893 2 .797 3 712 $24,920. $18,316 $20,116. $18.678 893 1.690 2.402

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

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

Managerial Accounting

Authors: Ray Garrison, Eric Noreen, Peter Brewer

15th edition

1259404781, 007802563X, 978-1259404788, 9780078025631, 978-0077522940

Students also viewed these Accounting questions

Question

★★★★★

1. Johnathan's utility for money is given by the exponential function: U(X)-4-4*100). a. Based on his utility function, what is his risk-odds for the S+/-1 deal, r($1)? b. Is Johnathan a deltaperson?...

Answered: 1 week ago

Question

★★★★★

Bill Kokott, a former disc golf star, operates Bill's Discorama. At the beginning of the current season on April 1, the ledger of Bill's Discorama showed Cash $1,850, Inventory $2,150, and Common...

Answered: 1 week ago

Question

★★★★★

27. Minimise and further that both the variables are non-negative. Subject to 15x + 4x2 60; 8x +8x2 40; 4x + 16x2 32

Answered: 1 week ago

Question

★★★★★

What other factors might change how teams function in the future? Learning by Doing

Answered: 1 week ago

Question

★★★★★

Assuming that Beaver did, in fact, sign the exculpatory clause, did she later disaffirm or ratify the contract? Explain. Renee Beaver started racing go-karts competitively in 1997, when she was...

Answered: 1 week ago

Question

★★★★★

Justin has a comprehensive auto insurance policy with a $100 deductible, with a 80/20 copay and a $200 out-of-pocket limit. Last week, their car was crushed by a falling tree. This cost them $1,600...

Answered: 1 week ago

Question

★★★★★

1. Consider the following Fixed Income Bond Fund for Marta Inc. e is for Eurodollars Notional principal of portfolio (in millions) e150 Average bond coupon payment (per E100) e3.1 Coupon Frequency...

Answered: 1 week ago

Question

★★★★★

As much as you may have a preference for a type of network (e.g., broadband, wireless) each technology has both disadvantages and advantages. Discuss the advantages and disadvantages of different...

Answered: 1 week ago

Question

★★★★★

James, a newly recruited employee of an organization, received an email containing a fake appointment letter. The letter claims to have been sent by the real organization. James failed to identify...

Answered: 1 week ago

Question

★★★★★

East Pangea has computed the costs of its market baskets for three years in the table below. Using 2016 as your base year, compute the Consumer Price Index Number for all three years for East Pangea:...

Answered: 1 week ago

Question

★★★★★

"IT's About Business 7.3 Amazon's B2B Marketplace Amazon Business (www.business.amazon.com) is Amazon's e-commerce website that caters to the wholesale and distribution business-to-business (B2B)...

Answered: 1 week ago

Question

★★★★★

1. In studying the motion of a string, it is determined that the speed of the various points along the string is given by the function v(s, t,m) = 2a + 3t+4ys +6+2 km where s is the coordinate of...

Answered: 1 week ago

Question

★★★★★

The market value of the assets of a corporation is currently $195.0 million, and the firm has on issue a debt outstanding that has a par value of $125.0 million and a due date of exactly four years....

Answered: 1 week ago

Question

★★★★★

Describe a job you have had in the past or a job you are very familiar with. Indicate the negative aspects of the job and how it could be improved with current human resource management techniques.

Answered: 1 week ago

Question

★★★★★

Reading tongue twisters. According to Websters New World Dictionary, a tongue twister is a phrase that is hard to speak rapidly. Do tongue twisters have an effect on the length of time it takes to...

Answered: 1 week ago

Question

★★★★★

Mongolian desert ants. Refer to the Journal of Biogeography (Dec. 2003) study of ants in Mongolia (central Asia), presented in Exercise 2.68 (p. 91). Recall that botanists placed seed baits at 5...

Answered: 1 week ago

Question

★★★★★

Identical twins reared apart. Because they share an identical genotype, twins make ideal subjects for investigating the degree to which various environmental conditions affect personality. The...

Answered: 1 week ago

Previous Question Next Question