Required information Chapter 12 Applying Excel The Chapter 12 Form worksheet is to be used to create your own worksheet version of Example E and Exhibit 12 8 in the text rev 06 21 2019 QC CS 167141 Chapter 12 Applying Excel Excel Worksheet (Part 1 of 2) Download the Applying Excel form and enter formulas in all cells that contain question marks For example, in cell C22 enter the formula B10 Note The present value factors could be computed using the built in Excel function PV, but we recommend using the formulas in Appendix 13B Verify 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 Click here to view Exhibit 13B 1 and Exhibit 13B 2, to determine the appropriate discount factor(s) using tables 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 AutoSave On 2 9 Chapter 12 Applying Excel Student Form (1) Compatibility Mode Excel Search Reinhardt, Emilie RE 7 Share 0 x Comments File Home Insert Page Layout Formulas Data Review View Help A1 x fc Chapter 12 Applying Excel A D E F G H I J K L M B $80,000 $100,000 S5,000 $10,000 5 Cost of equipment needed 6 Working capital needed 7 Overhaul of equipment in four years 8 Salvage value of the equipment in five years 9 Annual revenues and costs 10 Sales revenues 11 Cost of goods sold 12 Out of pocket operating costs 13 Discount rate $200,000 $125,000 $35 000 14 14 Years 15 Enter a formula into each of the cells marked with a below 16 Exhibit 12 8 17 Now 19 Purchase of equipment 20 Investment in working capital 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 flows (a) 28 Discount factor (14 ) (b) 29 Present value of cash flows (a) (b) 30 Net present value 31 32 Use the formulas from Appendix 13B 33 Present value of $1 1 (1 ry'n 34 Present value of an annuity of $1 (1 r) (1 (1 (1 r) n)) Chapter 12 Form 7 7 100 1 9 32 PM Type here to search te w N e SA ue J A 4 21 2020

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Required information Chapter 12: Applying Excel The Chapter 12 Form worksheet is to be used to create your own worksheet version of Example E and

Required information

Chapter 12: Applying Excel

The Chapter 12 Form worksheet is to be used to create your own worksheet version of Example E and Exhibit 12-8 in the text.

rev: 06_21_2019_QC_CS-167141

Chapter 12: Applying Excel: Excel Worksheet (Part 1 of 2)

Download the Applying Excel form and enter formulas in all cells that contain question marks.

For example, in cell C22 enter the formula "= B10".

Note: The present value factors could be computed using the built-in Excel function PV, but we recommend using the formulas in Appendix 13B.

Verify 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.

Click here to view Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using tables.

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.

image text in transcribed

AutoSave On 2 9 Chapter_12_Applying_Excel_Student Form (1) - Compatibility Mode - Excel Search Reinhardt, Emilie RE - 7 Share 0 x Comments File Home Insert Page Layout Formulas Data Review View Help A1 - : x fc Chapter 12: Applying Excel A D E F G H I J K L M B $80,000 $100,000 S5,000 $10,000 5 Cost of equipment needed 6 Working capital needed 7 Overhaul of equipment in four years 8 Salvage value of the equipment in five years 9 Annual revenues and costs: 10 Sales revenues 11 Cost of goods sold 12 Out-of-pocket operating costs 13 Discount rate $200,000 $125,000 $35.000 14% 14 Years 15 Enter a formula into each of the cells marked with a ? below 16 Exhibit 12-8 17 Now 19 Purchase of equipment 20 Investment in working capital 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 flows (a) 28 Discount factor (14%) (b) 29 Present value of cash flows (a) (b) 30 Net present value 31 32 *Use the formulas from Appendix 13B: 33 Present value of $1 = 1/(1+ry'n 34 Present value of an annuity of $1 = (1/r)*(1-(1/(1+r)^n)) Chapter 12 Form + 7 7 -_ + 100% 1 9:32 PM Type here to search te w * N e @ SA ue J A 4/21/2020