Kolby’s Korndogs is looking at a new sausage system with an installed cost of $720,000. This cost will be depreciated straight-line to zero over the project’s 6-year life, at the end of which the sausage system can be scrapped for $98,000. The sausage system will save the firm $209,000 per year in pretax operating costs, and the system requires an initial investment in net working capital of $61,000.
What is the aftertax salvage value of the equipment? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
What is the annual operating cash flow? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
If the tax rate is 23 percent and the discount rate is 9 percent, what is the NPV of this project? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
In: Finance
What is an opportunity cost? How is this concept used in TVM analysis, and where is it shown on a time line? Is a single number used in all situations? Explain.
In: Finance
Create an application named Rusty2 that asks the user for the dealer cost of a car, and the cleaning cost, and then displays the retail cost. Your application should simply send the dealer cost and cleaning cost to the getRetailPrice method in the Dealership class to obtain the retail cost.
here below is the dealership class code amd meed to create rusty2 code
import java.util.Calendar;
public class Dealership {
// public static final class variables
public static final int YEAR_STARTED = 1995;
public static final String COMPANY_NAME = "The Rusty Lemon";
public static final String COMPANY_URL =
"www.TheRustyLemon.com";
public static final String COMPANY_ADDRESS = "123 Rustbelt Road,
Somewhere, SomeState, 12345";
public static final String COMPANY_SLOGAN = "Many parts of our cars
run great!";
public static final double STANDARD_MARKUP = 0.50;
public static final String COMPANY_EMAIL =
"[email protected]";
// public static methods
public static String getCompanyBanner() {
return COMPANY_NAME + "\n(Selling rusty lemons since "
+ YEAR_STARTED + ")\n" + COMPANY_ADDRESS + "\n"
+ COMPANY_URL + "\n" + COMPANY_SLOGAN + "\n";
}
public static double getRetailPrice(double dealerCost, double cleaningCost) {
double markup = dealerCost * STANDARD_MARKUP;
return dealerCost + cleaningCost + markup;
}
public static int getYearsInBusiness()
{
int currentYear = Calendar.getInstance().get(Calendar.YEAR);
int yearsInBusiness = currentYear - YEAR_STARTED;
return yearsInBusiness;
}
}
In: Computer Science
Green Co. has a machine with a total cost of $70 million, and
the machine is placed in service at the beginning of 2018. The
machine is depreciated using the the sum-of-the-years'-digits
method with 10-year useful life and $4 million in residual value.
At the beginning of 202, Green decides to change to the
straight-line method with 11-year useful life and $5.6 million in
residual value.
Required: How much is the depreciation expense
related to the machinein 2021? Please share the
Calculation and Journal Entry
recorded in 2021.
In: Accounting
Calculate cost of debt for the following: The bond with a face value of 1000 were trading at RM 940 with 5 years to maturity ( annual coupon payment of 5%). Buying the truck means that he would incurring a cost of RM 85,000 each year for the whole feet. The company tax rate is 30%. The cost of capital is same as cost of deb. Which one is wiser equity or debt?
In: Finance
What are the differences in depreciation, cost recovery, amortization, and depletion.
Discuss MACRS
In: Accounting
Discuss the reasons M&A are described as a cost effective method for expansion purposes in the business of corporations. Use an example for a successful M&A in Zambia as a point of reference
In: Finance
At the beginning of the year, Grouper Ltd. had 910 units with a
cost of $5 per unit in its beginning inventory. The following
inventory transactions occurred during the month of
January:
| Jan. | 3 | Sold 730 units on account for $10 each. | |
| 9 | Purchased 970 units on account for $6 per unit. | ||
| 15 | Sold 840 units for cash at $9 each. |
Prepare journal entries for these January transactions assuming that Grouper Ltd. uses FIFO under a periodic inventory system. Grouper updates records at month end.
|
Date |
Account Titles and Explanation |
Debit |
Credit |
|---|---|---|---|
|
Jan. 3 |
|||
|
9 |
|||
|
15 |
|||
|
31 |
In: Accounting
Decision making is the selection of the correct cost element and take the right decision in the best interest of the organization be: -
-Make or buy decision
-Accept or reject decision
-Shut down decision
-Limiting factor decision
In relation to Decision making explain the above statement.
Your assignment, should include limiting factor with several constraint and making use of linear programing technique
Word limit: 1500-2000
In: Accounting
1. Determine the cost of a leather backpack that retails for $149 and has a 54.2% markup?
2. A buyer received an invoice for $600. The invoice is dated September 19 and has terms of 8/10 EOM. The invoice is paid on October 10.
a) How much should be remitted? (I DO NOT need answer for this part)
b) If the merchandise is shipped FOB New York(Buyer's location), charges reversed, with transportation charges of $12.75, how much should be remitted? (I WANT TO KNOW HOW TO DO PART B)
In: Accounting