Answered step by step
Verified Expert Solution
Link Copied!
Question
1 Approved Answer

The management of Penfold Corporation is considering the purchase of a machine that would COSE $350.000 would last for years and would ha other costs

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
The management of Penfold Corporation is considering the purchase of a machine that would COSE $350.000 would last for years and would ha other costs by 2.000 pery The company requires a u preturn of investment proves v e the machine would reducewbor and Click here to view Exhibit 70.1 and Exhibit 70.2 to determine the appropriate discount factor i ng the tables provided. The net present value of the proposed project is closest to ignore income (Round your intermediate calculations and final he nearest whole dollar amount Mile Choice 464390 3 Periods 4% 5% 6% K O T 5% 16% 1 19 20% 21% 22% 24% 25% 1 0962 095 096 0935 0926 0917 0.909 0.901 0890 088 087 0870 0.862 0.855 0.847 0840 0833 0826 0820 081 0806 0800 2 0.925 0907 0.890 0873 0857 0842 0826 0.812 0.797 0783 0.769 0756 073 0731 071 0706 069 0683 0672 0661 0650 0540 3 089 0864 0.840 08 074 07 0751 0731 0720693 0675 0658 0541 0624 0609 0591 0579 0564 0551 0537 0.524 0512 ONS 023 092 0763 0735 070B 0683 0659 0636 060 0592 0572 0552 0534 0516 0499 0482 04670451 041 042 0410 5 0822 0.784 0M7 0713 0681 0650 0621 0593 0567 050 0519 0091 0476 0456 0437 04190002 0386 03700386 03410328 0790 0746 0.705 0566 0630 056 0564 0.535 0507 0480 0456 0.432 0.410 0390 0.370 0.352 0.335 0.319 0303 0289 0275 0262 7 0760 0.711 0665 0623 0583 0547 0.513 0.482 0452 0425 0.400 0.376 0354 0333 034 0296 0279 0263 0249 0235 022 0210 8 0731 06770627 0582 0540 0502 0.467 0.434 0404 0376 0351 0327 0305 0285 0266 0249 0232 0218 0204 0191 01790168 9 07030645 0592 054 05000460 0424 0.391 0.361 0333 0.308 0284 0263 0243 0225 0209 019 018 017 0155 02 0134 10 0.676 064 0558 0.508 0463 0422 0.386 0352 0322 0295 0270 0247 0227 0208 0191 016 0152 0149 0310126 01160107 11 0650 0.585 0527 0475 049 038 0350 031 0287 0261 0237 02150195 0178 0162 0801350123 012 0903 0094 0086 120525 0.557 0497 04 0.397 0.356 0319 0286 0257 0231 020 0182 046 0452 017 014 012 02 0092 DORT DON0069 130601 050 0469 0.45 0.368 0.326 0290 0258 0229 0204 0182 0151014501300110104 0093 0084 007 008 0051 0055 05770505 042 038.340 0299 0263 0232 0205 0100 011 0125 01 0099 COBR 0078 0069 0062 0095 0049 004 15 0555 0.481 0417 0362 0315 0275 0239 0209 0183 0160 OMO 0123 0108 009 008 0074 0065 0057 0051 000 000 0035 15 0534 0058 0394 0.339 0252 0252 0218 01 043 0410123 0301 0050 008 007 0062 0054 0047 000 0036 00320028 17 050 0436 0371 0.3170270 0231 0198 0170 016 0125 0108 009 00800069 0060 0052 0045 0039 0034 000 0026 0023 18049404160350 0296 0250 0212 01800153 010 01110095 CORI 0069 0059 0051 004 0038 0032 0028 0024 0021 001 19 065 0356 0331 027 0232 0194 01540180116 005 003 007000500051 0013 0037 003 0027 0023 0020 000 0014 200456 0.37 0.312 0258 02150178 0149 0124 0104 0087 0073 0.061 0051 0043 0037 0.031 0026 0022 0.0190016 004 0012 21 009 0359 0294 020 0199 0940150120093 007 0064 0053 004 0037 00 0026 0022 009 0015000010009 22 0422 0342 02780226 0184 0150 0123 0101 003 0068 0056 0046 0038 0032 0026 0022 0.018 0015 000 000 0000 0007 23 0.406 0.326 0262 0211 01100138 011200910074 0060 000 0000 0033 0027 0022 009 00150012 000 000 000 0006 24 0 0 31002470197 015701260102 0082 0056 005 004 0035 0028 0023 0019 0095 000 000 0008 0007 0005 0005 25 0.375 0295 023 0184 01460116 0092 007 0059 0047 003 00300024 0020 004 oon 0010 0009 0007 0006 0005 0004 26 0361 0281 0220 0172 0150306 008 0065 0053 002 003 0026 0021 000 001 000 000 000 000 000 0004 0000 21 030262 0207 01610150038 007 0060 00670017 0079 0023 00180014 0011 0009 0007 000 000 0004 0001 0002 000 28 03 0255 0196 01500116 009 0069 0054 0042 003 0026 0020 004 0012 000 000 000 0005 0004 000 000 000 79 000 000 000 000 0000 0000 000 000 021 020 0150110101 002 0061 000 000 0029 002 0000 30 0.308 0231 01140010099 0075 0.057 004 003 0026 0020 00150012 0009 0001 0005 0004 003 000 0002 0002 0001 0 0208 0120097 0067 0046 000 0022 00150011 000 0005 0004 0001 0002 0001 000 000 0000 0000 0000 0000 0000 EXIT 70- Protest Value of an Annuity of St in Area 11 - 5% 6% 7 9 % 10% 12% 15% 17% 18% 19% 20% 21% 22% 23% 24% 25% 1 0962 0.952 0.943 0935 0.926 0917 0909 0.901 0.893 0.885 077 0.870 0.862 0855 08470840 087) 0826 0820 0.813 0806 0800 2 188 1859 1833 1808 1783 1759 1736 173 1690 1668 1661 1626 1505 155 1566 1512 1528 1509 182 101 102 1440 3 2775 2723 2673 2624 2577 2531 2487 244 2402 2361 2322 2283 2246 2210 2174 2MO 2106 2074 2012 2011 1981 1952 4 3630 3546 3.465 3.387 3312 3.240 3.170 3102 3037 2974 294 2855 2.798 273 2690 2639 2589 2540 2494 2468 2404 2362 5 4452 4329 4212 4100 3.990 3.890 3791 3.696 3.605 351 3.03 3352 3274 3199 3127 3058 2991 2926 2854 2803 2745 2689 6 52025076491 4767 4623 4486 4355 4231 4m 3998 3.39 3.784 3685 3589 3498 3.410 3.326 3245 3157 3092 3020 2951 7 60025786 SS2 S3R95206 5033 4868 4712 4564 4423 4288 4160 4039 3922 3812 3706 3605 1508 3416 3377 1242 3151 8 673 6453 6210 597 57475535 5335 546 4968 47994639 4687 434 4207 407 3554 3837 3725 369 359 101 3329 9 705 708 6802 655 620 595 5759 5537 538 532 4946 4712 4601 4451 4303 4340313905 376 3673 3566 3463 108.71772273607024 6710 6.418 6545 589 5650 5.426 5216 5.099 4833 4659 4494 4309 4192 40543923 3.799 3682 3571 11 8.760 830678877499 709680564956 207 5938 5687 5453 5 234 5029 48364656 4486 4327 41 4035 3902 3776 3656 0 935 885 874 73 7535 71615814602694598 SH 5021 557 408 47934611 449 4278 1 385 38513775 B 9586 91488533587904772103 5750 6646122 SM5533 52 STR 4910 475 453343524203 4052 192 3780 14 10.563 9.89992958745 8247786 7357 6.982 6.628 6.302 002 5724 5.668 5.229 5008 4802 46114432 4265 408 3962 3.824 151118 30 970 9108 8559 8061 7606 6 8176652 510 58475575524 5092 4876 4675 469 41 4150 4001 3859 16 11652 8 03069488518.30 7824 737 6974 6604 6 265 5954 5668 5.605 5.162 4938 4730 456 457 459 4033 3887 17 12 166 112710477 9763 922 8564 8022 7549710 67296311 607 57095475 5222 4990 47754576 491 4219 4059 3910 18 12.659 1690 10828 10.059 9 372 8756 8201 7702 7250 6840 6657 6128 5.18 5.534 52735033 48124608 449 4203 40803928 9 MDORS 115 105 90 90 355 795938 656051 SS53 S 5 75 0) 4263 035 20 3590 12.462 11470105949818 912985547563 7409 7025 023 6259 5929 5628 5353 51014870 4657 44604279 4103954 21 029 12 21 11754 0836 1001792928549 0757562 710 661 6312 593 5655 53845121 891 4675 446 42 3963 22 51 1 02 1061 201 902 7221676457105106159050954054994990 3023910 22 71121121295 2 7718 723051 60145723542517 5 2134099 1733575 24 15 247 13 799 2550 1146910529 970798538 77847783685 6434 6073 570 5451 51824937 473 4507 438 4 3981 25 5622 094 273 1654 1675 98239071222 783 7330675654 6050 52 5457 55 456 4540 3 985 308 26 4 B16916112590646575705 496 4 27 3211157 0915 027 923756879434005915 6516616 5 5492 52154964 4714 4524 432 41543990 7 6 3406051 9207RE2661666561525149707415 47307 70 271 0 2022700555152551552295372954 30 225312 4 0911753079427 X ROS574967001 656667 5229 551571 499 454 439 40 7995 3909 400793 171595046 1333211925 0757979 8051 824 7634 78056642 6213 5871555258 1997 404544 43474 The management of Lanotta Corporation is considering a project that would require an investment of $220.000 and would last for 6 years. The annuale operating income from the project would be $112.000, which includes depreciation of $15.000. The scrap value of the projects a t the end of the project would be $7000. The cash indows occur evenly throughout the year. The payback period of the project is closest to ignore income taxes (Round your answer to 1 decimal place) Multiple Chance O 21 years O 19 years O 32 yours

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_2

Step: 3

blur-text-image_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

More Books

Students explore these related Accounting questions