Questions
Desktop test If the consumption does not exceed 400 kWh, the cost is $ 0.1 /...

Desktop test

If the consumption does not exceed 400 kWh, the cost is $ 0.1 / kWh
(2) If consumption exceeds 400 kWh but does not exceed 800 kWh, the first 400 kWh is charged at
$ 0.1 / kWh and excess at $ 0.2 / kWh
(3) Consumption exceeding 800 kWh is charged the same as (2) but in addition the customer is fined
$ 100
(4) There is a basic charge of $ 20 that is charged independent of customer consumption
(5) Customers who live in rural areas have a discount of 10% of the total bill
(6) Commercial customers have an additional tax of 7% of the total invoice
(7) For rural and commercial clients an additional tax of 4% (not 7%, nor the discount of
10%)
Your program must present to the customer the total to be paid in the most detailed way possible, for example, for a
non-rural commercial client that consumed 1000kWh, the output should be something like:
For your report, run the program for the cases shown below. Present PrtScrs of the input and the
output, and its corresponding desktop tests.
(1) Non-rural, non-commercial, 200 kWh
(2) Rural, non-commercial, 10kWh
(3) Rural, non-commercial, 500 kWh
(4) Rural, commercial, 700 kWh
(5) Non-rural, commercial, 1200 kWh
(6) Non-rural, non-commercial 1200 kWh
(7) Rural, non-commercial 1200 kWh

Is Phyton

is Phyton

In: Computer Science

Turner Video will invest $96,500 in a project. The firm cost of capital is 11%. the...

Turner Video will invest $96,500 in a project. The firm cost of capital is 11%. the investment will provide the following inflows.
year.                  inflows
1.                        $34000
2.                          36000
3.                          31000
4.                          39000
5.                          4300
The Internal rate of return is 12%
A. if the reinvestment assumption of net present value is use. What will be the total value of inflows in the next five year.
B. What will be the reinvestment assumption if the Internal Rate Return method is used?

In: Finance

Goods available for sale in 2017 by the Eleanor Co. have a cost of $150,000 and...

Goods available for sale in 2017 by the Eleanor Co. have a cost of $150,000 and a retail price of $250,000. Sales for 2017 amounted to $227,500 and a physical inventory at year-end showed goods actually on hand with a retail price of $22,500. The dollar amount of the inventory to be reported in the balance sheet as of December 31, 2017, is:

A) $13,500

B)$22,500

C)$15,000

D)$25,000

In: Accounting

A patent was acquired by Renfro Corporationon January1,2014 ,at a cost of $80,000.The useful life of...

A patent was acquired by Renfro Corporationon January1,2014 ,at a cost of $80,000.The useful life of the patent was estimated to be 10 years. At the beginning of 2017, Renfro spent $14,000 in successfully defending an infringement of the patent. At the beginning of 2018, Renfro purchased a patent for $21,000 that was expected to prolong the life of its original patent for 5 additional years.

Instructions

Calculate the following amounts for Renfro Corporation.

(a) Amortization expense for 2014.

(b) The balance in the Patent account at the beginning of 2017, immediately after the infringement suit.

(c) Amortization expense for 2017.

(d) The balance in the Patent account at the beginning of 2018, after purchase of the additional patent.

(e) Amortization expense for 2018.

In: Accounting

You are evaluating a capital project for equipment with a total installed cost of $750,000. The...

You are evaluating a capital project for equipment with a total installed cost of $750,000. The equipment has an estimated life of 30 years, with an expected salvage value at the end of the project of $50,000. The project will be depreciated via simplified straight-line depreciation method. In addition, a working capital investment of $5,000 is required. The project replaces an old piece of equipment which is currently in service and is fully depreciated, but has an expected after-tax salvage value of $12,000. After replacing the old equipment, cash savings from decreased operating expenses are expected to amount of $200,000 per year. The firm;s marginal tax rate is 40 percent and the project cost of capital is 10%. What is the net present value of this project? Round to the nearest penny. Do not include a dollar sign in your answer.

I would really appreciate your help.

In: Finance

A project with an initial cost of $30,700 is expected to provide cash flows of $10,950,...

A project with an initial cost of $30,700 is expected to provide cash flows of $10,950, $11,800, $14,900, and $9,400 over the next four years, respectively. If the required return is 9.2 percent, what is the project's profitability index?

  • 1.392

  • 1.031

  • 1.134

  • 1.237

  • .808

In: Finance

You have the following cost and revenue information on a project that invests in the conversion...

  1. You have the following cost and revenue information on a project that invests in the conversion of a coal-fired electricity generating plan into a gas-fired unit.

Cost of new equipment: $200 million.

The equipment will be depreciated over 8 years on a straight-line basis to zero book value.

Proceeds from the sale of old equipment which has a book value of $15 m is 40 million,

Expensible installation cost: 0.50 million.

Estimated Revenue from the sale of electricity in the first year: $65 million and it remains the same for all 5 years;

Cost of gas: $25 million;

Operating and other expenses: $4 million;

Initial working capital expenses: $1 million;

Project’s assets estimated resale value: $65 million.

The project is subject to a tax rate of 30%,

Anticipated clean-up expense: $1.0 million.

The investment is eligible for $1.0 million investment tax credit.

The weighted average cost of capital (WACC) of the project is 5%.

Using these data,

  1. calculate the following cash flows associated with the project: (i) Net initial investment outlay; (ii) Net operating cash flows (NOCF) also known as CFAT and (iii) net salvage value, and

assuming that the net operating cash flows will remain the same for all five years, calculate the NPV and the IRR of the project.

Please show all work

In: Finance

In a random sample of six microwave​ ovens, the mean repair cost was ​$75.00 and the...

In a random sample of six microwave​ ovens, the mean repair cost was ​$75.00 and the standard deviation was ​$11.00. Assume the population is normally distributed and use a​ t-distribution to construct a 99​% confidence interval for the population mean μ. What is the margin of error of μ​? Interpret the results.

In: Statistics and Probability

Metabolic rate: measurements of, importance of mass, relationships with allometry, cost of locomotion

Metabolic rate: measurements of, importance of mass, relationships with allometry, cost of locomotion

In: Anatomy and Physiology

New lithographic equipment, acquired at a cost of $950,400 on March 1 at the beginning of...

New lithographic equipment, acquired at a cost of $950,400 on March 1 at the beginning of a fiscal year, has an estimated useful life of five years and an estimated residual value of $106,920. The manager requested information regarding the effect of alternative methods on the amount of depreciation expense each year. On the basis of the data presented to the manager, the double-declining-balance method was selected.

In the first week of the fifth year, on March 4, the equipment was sold for $154,682.

Required:
1. Determine the annual depreciation expense for each of the estimated five years of use, the accumulated depreciation at the end of each year, and the book value of the equipment at the end of each year by (a) the straight-line method and (b) the double-declining-balance method. Round your answers to the nearest whole dollar.
2. Journalize the entry to record the sale assuming the manager chose the double-declining-balance method.
3.

Journalize the entry to record the sale in (2), assuming that the equipment was sold for $108,792 instead of $154,682. Refer to the Chart of Accounts for exact wording of account titles.

CHART OF ACCOUNTS
General Ledger
ASSETS
110 Cash
111 Petty Cash
112 Accounts Receivable
114 Interest Receivable
115 Notes Receivable
116 Merchandise Inventory
117 Supplies
119 Prepaid Insurance
120 Land
123 Delivery Truck
124 Accumulated Depreciation-Delivery Truck
125 Equipment
126 Accumulated Depreciation-Equipment
130 Mineral Rights
131 Accumulated Depletion
132 Goodwill
133 Patents
LIABILITIES
210 Accounts Payable
211 Salaries Payable
213 Sales Tax Payable
214 Interest Payable
215 Notes Payable
EQUITY
310 Common Stock
311 Retained Earnings
312 Dividends
313 Income Summary
REVENUE
410 Sales
610 Interest Revenue
620 Gain on Sale of Delivery Truck
621 Gain on Sale of Equipment
EXPENSES
510 Cost of Merchandise Sold
520 Salaries Expense
521 Advertising Expense
522 Depreciation Expense-Delivery Truck
523 Delivery Expense
524 Repairs and Maintenance Expense
529 Selling Expenses
531 Rent Expense
532 Depreciation Expense-Equipment
533 Depletion Expense
534 Amortization Expense-Patents
535 Insurance Expense
536 Supplies Expense
539 Miscellaneous Expense
710 Interest Expense
720 Loss on Sale of Delivery Truck
721

Loss on Sale of Equipment

Determine the annual depreciation expense for each of the estimated five years of use, the accumulated depreciation at the end of each year, and the book value of the equipment at the end of each year by (a) the straight-line method and (b) the double-declining-balance method. Round your answers to the nearest whole dollar.

a. Straight-line method

Accumulated Depreciation,
Year Depreciation Expense End of Year Book Value, End of Year
1
2
3
4
5

b. Double-declining-balance method

Accumulated Depreciation,
Year Depreciation Expense End of Year Book Value, End of Year
1
2
3
4
5


2. On March 4, journalize the entry to record the sale assuming the manager chose the double-declining-balance method. Refer to the Chart of Accounts for exact wording of account titles.

2. On March 4, journalize the entry to record the sale assuming the manager chose the double-declining-balance method. Refer to the Chart of Accounts for exact wording of account titles.

PAGE 1

JOURNAL

ACCOUNTING EQUATION

DATE DESCRIPTION POST. REF. DEBIT CREDIT ASSETS LIABILITIES EQUITY

1

2

3

4

3. On March 4, journalize the entry to record the sale in (2), assuming that the equipment was sold for $108,792 instead of $154,682. Refer to the Chart of Accounts for exact wording of account titles.

In: Accounting