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Windsor, Inc. is considering purchasing equipment costing $42000 with a 6-year useful life. The equipment will provide annual cost '___ -1: (rant-I4 r . .6
Windsor, Inc. is considering purchasing equipment costing $42000 with a 6-year useful life. The equipment will provide annual cost '___ -1: (rant-I4 r" . .6 and will be depreciated straight-line over its useful life with no salvage value. Windsor requires a 10% rate of Next question lCLuI II. Present Value of an Annuity of 1 Period g 10% 11% 12% 15% 6 4.623 4.486 4.355 4.231 4.111 3.784 What is the approximate internal rate of return for this investment? 0 10% O 9% O 11% O 12% Save for Later Attempts: 0 of 1 used Oriole Company issued common stock for proceeds of $391000 during 2020. The company paid dividends of $70000 and issued a long-term note payable for $100000 in exchange for equipment during the year. The company also purchased treasury stock that had a cost of $16000. The financing section of the statement of cash flows will report net cash inflows of O $305000. O $375000. O $321000. O $477000. Save for Later Attempts: 0 of 1 used Submit AnswerIn Waterway Company, land decreased $152000 because of a cash sale for $152000, the equipment account increased $68000 as a result of a cash purchase, and Bonds Payable increased $125000 from issuance of bonds for cash at face value. The net cash provided by investing activities is O $277000. 0 $152000. 0 $220000. 0 $84000. Save for Later Attempts: 0 of 1 used
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