Assignment Financial Accounting [5 points] Green Path Landscaping purchased equipment through a 5-year capital lease. Annual payments are $12,000, and the implicit interest rate is 6%. Calculate the present value of the lease (using PVA factor of 4.2124 for 5 years at 6%). Round your answer. a) $50,549 b) $51,600 c) $49,800 d) $52,300
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![Assignment Financial Accounting [5 points]
Green Path Landscaping purchased equipment through a 5-year capital
lease. Annual payments are $12,000, and the implicit interest rate is 6%.
Calculate the present value of the lease (using PVA factor of 4.2124 for 5
years at 6%). Round your answer.
a) $50,549
b) $51,600
c) $49,800
d) $52,300](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F83b64e50-b0c6-4b88-9a13-86874156f8f5%2F9ebff035-dbba-4c16-aed0-6ef833a13417%2Fzvl0sho_processed.jpeg&w=3840&q=75)
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- financial accounting 5 point assignmentGodoEmily leased equipment worth $70,000 for 5 years. If the cost of borrowing is 5.69% compounded semi-annually, calculate the size of the lease payment that is required to be made at the beginning of each half-year. $0.00 Round to the nearest cent SUBMIT QUESTION ← Q SAVE PROGRESS V SUBMIT AS ENG US
- Finance Q.4- The Nail Inc. wishes to acquire a $100,000 wood cutting machine, which it plans to use for seven years. At the end of this time, the machine's residual value will be $24,000. The asset falls into the five-year property class for cost recovery (depreciation) purposes. The company can use either a "true" lease or debt financing. Lease payments of $16,000 at the beginning of each of the seven years would be required. If debt-financed, the interest rate would be 14 percent, and debt payments would be due at the beginning of each of the eight years. (Interest would be amortized as a mortgage- type of debt instrument.) The company is in a 40 percent tax bracket. Which method of financing has the lower present value of cash outflows?Question A company owes 500 and 1000 to be paid at the end of year one and year four, respectively. The company will set up an investment program to match the duration and the present value of the above obligation using an annual effective interest rate of 10%. The investment program produces asset cash flows of X today and Y in three years. Calculate X and determine whether the investment program satisfies the conditions for Redington immunization. Possible Answers A B C D X = 75 and the Redington immunization conditions are not satisfied. X = 75 and the Redington immunization conditions are satisfied. X = 1138 and the Redington immunization conditions are not satisfied. X = 1138 and the Redington immunization conditions are satisfied. E X = 1414 and the Redington immunization conditions are satisfied.eBook Internal Rate of Return Method The Canyons Resort, a Utah ski resort, announced a $949,630 expansion of lodging properties, lifts, and terrain. Assume that this investment is estimated to produce $178,000 in equal annual cash flows for each of the first eight years of the project life. Present Value of an Annuity of $1 at Compound Interest Year 1 2 3 4 5 < 6 7 8 9 10 6% 0.943 1.833 2.673 3.465 4.212 4.917 5.582 6.210 6.802 7.360 Feedback 10% Check My Work 0.909 1.736 2.487 3.170 3.791 4.355 4.868 5.335 5.759 6.145 12% 0.893 1.690 2.402 3.037 3.605 4.111 4.564 4.968 5.328 5.650 15% 0.870 1.626 2.283 2.855 3.353 3.785 4.160 4.487 4.772 5.019 20% Check My Work 7 more Check My Work uses remaining. 0.833 1.528 2.106 2.589 2.991 3.326 3.605 3.837 4.031 Determine the expected internal rate of return of this project for eight years, using the present value of an annuity of $1 table above. In your calculation, round the net present value factor to three decimal places. 12 X % 4.192 All ↓…
- Quantitative Problem 1: Findley Furniture Company must install $5.9 million of new equipment in one of its plants. It can obtain a bank loan for 100% of the required amount. Alternatively, management believes it can arrange a lease. Assume that the following facts apply: 1. The equipment falls in the MACRS 5-year class. The applicable MACRS rates are 20%, 32%, 19%, 12%, 11%, and 6%. 2. The lease includes maintenance, whereas if the equipment is purchased, it would require maintenance provided by a service contract for $120,000 per year, payable at the end of the year. 3. Findley's federal-plus-state tax rate is 35%. 4. If the money is borrowed, the bank loan will be at a rate of 10%, amortized in 5 equal installments to be paid at the end of each year. 5. The tentative lease terms call for end-of-year payments of $1.25 million per year for 5 years. 6. At the end of the lease term, the equipment will have an estimated salvage value of $950,000. At that time, Findley plans to replace the…question on the picpls provide correct answer