subject
Mathematics, 23.05.2020 16:57 destineedhuber8301

Michaels, Inc., purchased a machine for $75,000. The machine has a useful life of five years and no salvage value. Straight-line depreciation is to be used. The machine is expected to generate cash flow from operations, net of income taxes, of $25,000 in each of the five years. Michaels' expected rate of return is 10%. Information on present value factors is as follows:

Period Present Value of $1 at 10% Present value of ordinary annuity of $1 at 10%
1 0.90909 0.90909
2 0.82645 1.73554
3 0.75132 2.48685
4 0.68301 3.16986
5 0.62092 3.79079

What would be the net present value?

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 18:30
An arc subtends a central angle measuring 7pi/4 radians what fraction of the circumference is this arc?
Answers: 1
question
Mathematics, 21.06.2019 18:30
Write an algebraic expression to match each statement a. four less than 8 times a number b. twice the difference of a number and six c. nine from a number squared
Answers: 1
question
Mathematics, 21.06.2019 18:30
In the following diagram it is given that dec,ab || dc, ad || eb, and ad is congruent to bc. a)why isn't abc a parallelogram even though it has a pair of parallel sides and a pair of congruent sides b)explain why be must be congruent to bc. further explain what type of triangle this makes triangle abc and what it tells you about angle 1 and angle 2c) finally why must angle 3 be congruent to angle 1? further, explain why we know that angle 3 is congruent to angle 2
Answers: 1
question
Mathematics, 21.06.2019 22:00
Which two transformations are applied to pentagon abcde to create a'b'c'd'e'? (4 points) translated according to the rule (x, y) ? (x + 8, y + 2) and reflected across the x-axis translated according to the rule (x, y) ? (x + 2, y + 8) and reflected across the y-axis translated according to the rule (x, y) ? (x + 8, y + 2) and reflected across the y-axis translated according to the rule (x, y) ? (x + 2, y + 8) and reflected across the x-axis
Answers: 1
You know the right answer?
Michaels, Inc., purchased a machine for $75,000. The machine has a useful life of five years and no...
Questions
question
Mathematics, 05.11.2020 23:00
question
Mathematics, 05.11.2020 23:00
question
Mathematics, 05.11.2020 23:00
question
Mathematics, 05.11.2020 23:00
Questions on the website: 13722363