Business, 09.04.2021 02:30 salvadorperez26
One of X Company's production machines was badly damaged recently. Unfortunately, the machine was purchased just two years earlier for $50,000. The company must either repair the machine or purchase a new machine. The estimated cost of repairing the machine is $23,000, after which operating costs will be $70,000 a year. It will also require a maintenance check in the third year that is estimated to cost $3,500. A new machine will cost $85,000, but it will be more efficient than the repaired machine, with annual operating cost savings of $13,000. Both the repaired machine and the new machine will last for four years, at which time the repaired one would be worthless, and new one would be worth $6,500. If it is not repaired, the damaged machine can be sold immediately for $6,000. Assuming a discount rate of 5%, what is the net present value of buying the new machine instead of repairing the damaged machine? [Use the present value tables in the Coursepack.]
Answers: 2
Business, 21.06.2019 17:30
If you want to compare two different investments, what should you calculate
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Business, 21.06.2019 21:00
During the first month of operations, martinson services, inc., completed the following transactions: jan 2 martinson services received $65,000 cash and issued common stock to the stockholders. 3 purchased supplies, $1,000, and equipment, $12,000, on account. 4 performed services for a customer and received cash, $5,500. 7 paid cash to acquire land, $39,000. 11 performed services for a customer and billed the customer, $4,100. martinson expects to collect within one month 16 paid for the equipment purchased january 3 on account. 17 paid for newspaper advertising, $600. 18 received partial payment from customer on account, $2,000. 22 paid the water and electricity bills, $430. 29 received $2,600 cash for servicing the heating unit of a customer. 31 paid employee salary, $2,900. 31 declared and paid dividends of $1,800. requirements 1. record each transaction in the journal. key each transaction by date. explanations are not required. 2. post the transactions to the t-accounts, using transaction dates as posting references. label the ending balance of each account bal, as shown in the chapter. 3. prepare the trial balance of martinson services, inc., at january 31 of the current year. 4. mark martinson, the manager, asks you how much in total resources the business has to work with, how much it owes, and whether january was profitable (and by how much)?
Answers: 1
Business, 22.06.2019 12:10
Which of the following is not part of the mission statement of the department of homeland security? lead the unified national effort to secure america protect against and respond to threats and hazards to the nation ensure safe and secure borders coordinate intelligence operations against terrorists in other countries
Answers: 1
One of X Company's production machines was badly damaged recently. Unfortunately, the machine was pu...
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