A project will produce an operating cash flow of $7,300 a year for three years. The initial investment for fixed assets will be $11,600, which will be depreciated straight-line to zero over the asset's 4-year life. Ignore bonus depreciation. The project will require an initial $500 in net working capital plus an additional $500 every year with all net working capital levels restored to their original levels when the project ends. The fixed assets can be sold for an estimated $2,500 at the end of the project, the combined tax rate is 23 percent, and the required rate of return is 12 percent. What is the net present value of the project?
$7,500.95 |
||
$9,896.87 |
||
$7,072.72 |
||
$6,353.41 |
||
$8,398.29 |
In: Finance
1. How would you complete a focused assessment on a homeless person or veteran who has Type 2 diabetes?
2. Identify the major factors that contribute to homelessness and associated reduction in access to care.
In: Nursing
In: Psychology
[The following information applies to the questions displayed below.] Beech Corporation is a merchandising company that is preparing a master budget for the third quarter of the calendar year. The company’s balance sheet as of June 30th is shown below: Beech Corporation Balance Sheet June 30 Assets Cash $ 73,000 Accounts receivable 125,000 Inventory 56,000 Plant and equipment, net of depreciation 221,000 Total assets $ 475,000 Liabilities and Stockholders’ Equity Accounts payable $ 82,000 Common stock 309,000 Retained earnings 84,000 Total liabilities and stockholders’ equity $ 475,000 5.value: 20.00 pointsRequired information Beech’s managers have made the following additional assumptions and estimates: 1. Estimated sales for July, August, September, and October will be $320,000, $340,000, $330,000, and $350,000, respectively. 2. All sales are on credit and all credit sales are collected. Each month’s credit sales are collected 35% in the month of sale and 65% in the month following the sale. All of the accounts receivable at June 30 will be collected in July. 3. Each month’s ending inventory must equal 25% of the cost of next month’s sales. The cost of goods sold is 70% of sales. The company pays for 40% of its merchandise purchases in the month of the purchase and the remaining 60% in the month following the purchase. All of the accounts payable at June 30 will be paid in July. 4. Monthly selling and administrative expenses are always $40,000. Each month $6,000 of this total amount is depreciation expense and the remaining $34,000 relates to expenses that are paid in the month they are incurred. 5. The company does not plan to borrow money or pay or declare dividends during the quarter ended September 30. The company does not plan to issue any common stock or repurchase its own stock during the quarter ended September 30. Required: 1. Prepare a schedule of expected cash collections for July, August, and September. Also compute total cash collections for the quarter ended September 30. 2-a. Prepare a merchandise purchases budget for July, August, and September. Also compute total merchandise purchases for the quarter ended September 30. 2-b. Prepare a schedule of expected cash disbursements for merchandise purchases for July, August, and September. Also compute total cash disbursements for merchandise purchases for the quarter ended September 30. 3. Prepare an income statement for the quarter ended September 30. 4. Prepare a balance sheet as of September 30.
In: Accounting
After the school shooting at Stoneman Douglas High School, many students, staff, and community members were left traumatized as this was a major crisis. If you were a counselor for the community, how would you use crisis counseling strategies to help? Create a treatment plan involving both group and individual crisis counseling.
In: Psychology
java
Objective: Create a class. Create objects. Use methods of a class.
In: Computer Science
You have just deposited $13,000 into an account that promises to pay you an annual interest rate of 6.9 percent each year for the next 5 years. You will leave the money invested in the account and 15 years from today, you need to have $43,590 in the account. What annual interest rate must you earn over the last 10 years to accomplish this goal?
In: Finance
Complete the following Java code. Compute the average of all the numbers in nums and store it in a variable called average
public static void main(String[] args){
int[] nums = <some array values>;
In: Computer Science
On February 1, 2021, Arrow Construction Company entered into a
three-year construction contract to build a bridge for a price of
$8,480,000. During 2021, costs of $2,160,000 were incurred with
estimated costs of $4,160,000 yet to be incurred. Billings of
$2,660,000 were sent, and cash collected was $2,410,000.
In 2022, costs incurred were $2,660,000 with remaining costs
estimated to be $3,840,000. 2022 billings were $2,910,000 and
$2,635,000 cash was collected. The project was completed in 2023
after additional costs of $3,960,000 were incurred. The company’s
fiscal year-end is December 31. Arrow recognizes revenue over time
according to percentage of completion.
Required:
1. Compute the amount of revenue and gross profit
or loss to be recognized in 2021, 2022, and 2023 using the
percentage of completion method.
2a. Prepare journal entries for 2021 to record the
transactions described (credit "various accounts" for construction
costs incurred).
2b. Prepare journal entries for 2022 to record the
transactions described (credit "various accounts" for construction
costs incurred).
3a. Prepare a partial balance sheet to show the
presentation of the project as of December 31, 2021.
3b. Prepare a partial balance sheet to show the
presentation of the project as of December 31, 2022.
In: Accounting
XYZ used an investment bank to do IPO. In IPO, XYZ sold 1 million shares at $68 each. The investment bank charged 7% spread. At the end of the 1st day of trading, XYZ stock price closed at $80. Calculate the total cost of IPO. That is, what is the sum of direct and indirect cost?
In: Finance
Barlow Company manufactures three products—A, B, and C. The selling price, variable costs, and contribution margin for one unit of each product follow:
Product | |||||||||||
A | B | C | |||||||||
Selling price | $ | 180 | $ | 270 | $ | 240 | |||||
Variable expenses: | |||||||||||
Direct materials | 24 | 80 | 32 | ||||||||
Other variable expenses | 102 | 90 | 148 | ||||||||
Total variable expenses | 126 | 170 | 180 | ||||||||
Contribution margin | $ | 54 | $ | 100 | $ | 60 | |||||
Contribution margin ratio | 30 | % | 37 | % | 25 | % | |||||
The same raw material is used in all three products. Barlow Company has only 6,000 pounds of raw material on hand and will not be able to obtain any more of it for several weeks due to a strike in its supplier’s plant. Management is trying to decide which product(s) to concentrate on next week in filling its backlog of orders. The material costs $8 per pound.
Required:
1. Calculate the contribution margin per pound of the constraining resource for each product.
2. Assuming that Barlow has unlimited demand for each of its three products, what is the maximum contribution margin the company can earn when using the 6,000 pounds of raw material on hand?
3. Assuming that Barlow’s estimated customer demand is 500 units per product line, what is the maximum contribution margin the company can earn when using the 6,000 pounds of raw material on hand?
4. A foreign supplier could furnish Barlow with additional stocks of the raw material at a substantial premium over the usual price. Assuming Barlow’s estimated customer demand is 500 units per product line and that the company has used its 6,000 pounds of raw material in an optimal fashion, what is the highest price Barlow Company should be willing to pay for an additional pound of materials?
In: Accounting
Describe the components of working capital and how firms manage them in at least 200 words
In: Finance
print("This program takes three numbers and returns the sum.") total = 0 for i in range(3): x = input("Enter a number: ") total = total + i print("The total is:", x) |
In: Computer Science
You need to send expatriate managers to two countries in Asia - Thailand and Japan. You choose two candidates who work at the same level and get similar compensation package in the U.S. How would you design the expatriate compensation packages for the managers in each country so that they find it fair and acceptable offer? What kind of issues can come up when cosnidering this issue?
In: Operations Management
In: Finance