Compute the payback period for each of these two separate
investments:
In: Accounting
Compute the payback period for each of these two separate
investments:
A new operating system for an existing machine is expected to cost $240,000 and have a useful life of six years. The system yields an incremental after-tax income of $69,230 each year after deducting its straight-line depreciation. The predicted salvage value of the system is $9,000.
A machine costs $180,000, has a $13,000 salvage value, is expected to last seven years, and will generate an after-tax income of $38,000 per year after straight-line depreciation.
In: Accounting
write java program that prompt the user to enter two numbers .the program display all numbers between that are divisible by 7 and 8 ( the program should swap the numbers in case the secone number id lower than first one please enter two integer number : 900 199 Swapping the numbers 224 280 336 392 448 504 560 616 672 728 784 840 896 i need it eclipse
In: Computer Science
write java program that prompt the user to enter two numbers .the program display all numbers between that are divisible by 7 and 8 ( the program should swap the numbers in case the secone number id lower than first one
please enter two integer number : 900 199
Swapping the numbers
224 280 336 392 448 504 560 616 672 728 784 840 896
i need it eclipse
In: Computer Science
In: Finance
Demonstrate the use of CRUNCH tool to create a Wordlist file to generate a minimum and maximum word length (2-9) based on your MIT ID and the first seven numbers and two unique special characters, and store the result in file pass.txt. Give an exampleof two generated passwords with length of three characters, one number and one special character. After that, use the HYDRA attacking tool to attack ftp://192.168.1.3 server which has the username ‘tom’ and password length between 2 and 9, generated by CRUNCH in the previous step.
I'D- MIT191091
In: Computer Science
McCormick & Company is considering a project that requires an initial investment of $24 million to build a new plant and purchase equipment. The investment will be depreciated as a modified accelerated cost recovery system (MACRS) seven-year class asset. The new plant will be built on some of the company's land, which has a current, after-tax market value of $4.3 million.
The company will produce bulk units at a cost of $130 each and will sell them for $420 each. There are annual fixed costs of $500,000. Unit sales are expected to be $150,000 each year for the next six years, at which time the project will be abandoned. At that time, the plant and equipment is expected to be worth $8 million (before tax) and the land is expected to be worth $5.4 million (after tax).
To supplement the production process, the company will need to purchase $1 million worth of inventory. That inventory will be depleted during the final year of the project. The company has $100 million of debt outstanding with a yield to maturity of 8 percent, and has $150 million of equity outstanding with a beta of 0.9. The expected market return is 13 percent, and the risk-free rate is 5 percent. The company's marginal tax rate is 40 percent.
What will be the value of the plant and equipment for tax purposes in year six? Will it be sold for a gain or a loss, and what will the tax effect be?
In: Finance
McCormick & Company is considering a project that requires an initial investment of $24 million to build a new plant and purchase equipment. The investment will be depreciated as a modified accelerated cost recovery system (MACRS) seven-year class asset. The new plant will be built on some of the company's land, which has a current, after-tax market value of $4.3 million. The company will produce bulk units at a cost of $130 each and will sell them for $420 each. There are annual fixed costs of $500,000. Unit sales are expected to be $150,000 each year for the next six years, at which time the project will be abandoned. At that time, the plant and equipment is expected to be worth $8 million (before tax) and the land is expected to be worth $5.4 million (after tax). To supplement the production process, the company will need to purchase $1 million worth of inventory. That inventory will be depleted during the final year of the project. The company has $100 million of debt outstanding with a yield to maturity of 8 percent, and has $150 million of equity outstanding with a beta of 0.9. The expected market return is 13 percent, and the risk-free rate is 5 percent. The company's marginal tax rate is 40 percent. Should the project be accepted? question: Find the NPV using the after-tax WACC as the discount rate
In: Finance
McCormick & Company is considering a project that requires an initial investment of $24 million to build a new plant and purchase equipment. The investment will be depreciated as a modified accelerated cost recovery system (MACRS) seven-year class asset. The new plant will be built on some of the company's land, which has a current, after-tax market value of $4.3 million. The company will produce bulk units at a cost of $130 each and will sell them for $420 each. There are annual fixed costs of $500,000. Unit sales are expected to be $150,000 each year for the next six years, at which time the project will be abandoned. At that time, the plant and equipment is expected to be worth $8 million (before tax) and the land is expected to be worth $5.4 million (after tax). To supplement the production process, the company will need to purchase $1 million worth of inventory. That inventory will be depleted during the final year of the project. The company has $100 million of debt outstanding with a yield to maturity of 8 percent, and has $150 million of equity outstanding with a beta of 0.9. The expected market return is 13 percent, and the risk-free rate is 5 percent. The company's marginal tax rate is 40 percent. question: 6. Create an after-tax cash flow timeline. please show formula used
In: Finance
Jester Company began operations on January 1, 2018. The company had the following transactions in its first year of business: •
January 4: Owners invested $120,000 (the par value of the stock) in exchange for 20,000 shares of common stock. • February 2: Jester took out a 10-year note payable in the amount of $80,000 to pay for operating expenses. • Interest payments are due every six months, and the balance of the note will be paid off in a lump-sum in 10 years. The interest rate is 10% annually, that is, 5% every six months. • February 16: Jester signed a rental lease for its operating facility and paid a year of rent up front in the amount of $60,000. The rental lease runs from March 1, 2018, through February 29, 2019. • March 1: Jester purchased office supplies in the amount of $12,000 and paid in cash. • March 12: Jester paid $18,000 cash for advertising expenses. • April 1: Jester purchased a two-year insurance policy that runs from April 1, 2018, to March 31, 2020, in the amount of $40,000 and paid in full for the policy in cash. • May 12: Jester negotiated a contract with a customer to provide entertainment services for a one-year period running from June 1, 2018, to May 31, 2019. The customer paid the contract in full on May 12 with cash in the amount of $64,000. • June 16: Jester paid wages in the amount of $12,000 to employees in cash. • July 20: Jester negotiated a contract with a customer to provide entertainment services for a six-month period running from September 1, 2018, to February 28, 2019. The customer paid the contract in full on July 20 with cash in the amount of $42,000. • August 2: Jester paid cash in the amount of $4,000 for the first interest payment on the note payable taken out on February 2. • August 18: Jester received and paid a utilities bill in the amount of $7,000 in cash. • September 10: Jester paid wages in the amount of $28,000 in cash. • October 1: Jester negotiated a contract with a customer to provide entertainment services for a one-year period running from October 1, 2018, to September 30, 2019, in the amount of $420,000. The customer paid the contract in full on October 1. • November 14: Jester purchased office supplies in the amount of $26,000 on account with the vendor. • December 6: Jester received an advertising bill for $22,000. The services were provided in 2018 and the bill will be paid in January. • At year-end, Jester had $18,000 of office supplies remaining on hand. Required: a. Prepare the journal entries for the original transactions. Provide brief explanations if necessary. (15 points) b. Prepare any necessary year-end adjusting journal entries for these transactions. Provide brief explanations if necessary. (7 points)
In: Accounting