Capital Funding purchased $350,000 in accounts receivable from Apex Manufacturing for $320,000. After 90 days, Capital Funding collected $335,000 from the receivables. What was the annualized rate of return on this investment for Capital Funding?
Q: Financial Accounting
A: Step 1: Identify Given InformationDirect materials cost = $450Direct labor cost = $352Direct labor…
Q: What was cowl's rate of return on assets for 2007?
A: To determine Cowl, Inc.'s rate of return on assets (ROA) for 2007, follow these steps: Step 1:…
Q: Kindly help me with accounting questions
A: Step 1: Definition of Net IncomeNet income is the total profit a company earns after deducting all…
Q: need help this question
A: Step 1: Definition of Equivalent Units of Production for Direct MaterialsEquivalent units of…
Q: Lakeme
A: To determine the cash provided by or used in investing activities for Lakeme, Inc., we have to…
Q: Find the company's price to earnings ratio of this financial accounting question
A: Step 1: Define Price-to-Earnings (P/E) RatioThe Price-to-Earnings (P/E) Ratio measures the valuation…
Q: Your boss at LK Enterprises asks you to compute the company's cash conversion cycle. Looking at the…
A: Explanation of Cash Conversion Cycle (CCC):The Cash Conversion Cycle (CCC) is a financial metric…
Q: Val Corp used 7,700 machine hours (Driver) on Job # 17. Total machine hours are 22,000. Assume Job #…
A: Step 1: Definition of Manufacturing OverheadManufacturing overhead refers to all indirect costs…
Q: Tutor help me
A: Calculation of Predetermined Overhead Rate in Dept. XPredetermined Overhead Rate in Dept. X =…
Q: Question with answer accounting
A: Step 1: Definition of Cost of Goods Sold (COGS)The Cost of Goods Sold (COGS) represents the direct…
Q: Not use AI solution please
A: To calculate Oakwood Enterprises' total stockholders' equity, we use the basic accounting equation:…
Q: None
A: Approach to solving the question:Freeform Detailed explanation: (a) Economic Order Quantity (EOQ)The…
Q: Don't want AI answer
A: Manufacturing costs are typically classified into three categories:Direct Materials - These are raw…
Q: Lakeme Inc reported net income of 50000 for the year ended dec 22
A: Explanation of Investing Activities:Investing activities refer to cash flows related to the purchase…
Q: Please provide correct solution and accounting
A: Step 1: Definition of Money Creation and Reserve RequirementThe money creation process occurs when…
Q: Henderson Manufacturing produces a product with the following standard costs: Direct materials: 3.5…
A: Step 1: Definition of Materials Quantity VarianceThe materials quantity variance measures the…
Q: In 2013, Lisa and Fred, a married couple, have taxable income of $300,000. If they were to file…
A: Step 1: Calculate Tax Liability for Joint FilingIn 2013, the tax brackets for Married Filing Jointly…
Q: Provide best Answer
A: Net Income CalculationThe formula for Return on Equity (ROE) is:ROE = (Net Income / Total Equity) ×…
Q: provide correct answer
A: To calculate Strickler Technology's cash conversion cycle (CCC), we analyze how efficiently the…
Q: Provide correct answer this financial accounting question please answer do fast
A: Step 1: Define Return on Investment (ROI)Return on Investment (ROI) is a financial performance…
Q: Variable overhead cost is calculate to be
A: Explanation of High-Low Method:The High-Low Method is a simple cost estimation technique used to…
Q: Expert need your help
A: Concept of Direct Material CostDirect material cost refers to the cost of raw materials that are…
Q: York Manufacturing uses a standard cost system. • • Standard direct labor requirement: 1.8 direct…
A: Given Data:Standard Direct Labor Requirement: 1.8 hours per unitStandard Labor Rate: $12 per…
Q: general accounting
A: Step 1: Definition of Operating LeverageOperating leverage is a financial ratio that measures the…
Q: Baxter Industries reported the following financial data for one of its divisions for the year: •…
A: The investment turnover is calculated using the following formula:Investment Turnover = Sales /…
Q: Please provide solution
A: The arithmetic average annual return is calculated as: Arithmetic…
Q: An asset's book value is $19,000 on December 31, Year 5. The asset has been depreciated at an annual…
A: Gain/(Loss) on sale = Proceeds from sale of asset - Asset's book valueGain/(Loss) on sale = 16,000 -…
Q: The Fantastic Ice Cream Shoppe sold 9,000 servings of ice cream during June for $4 per serving. The…
A: You can use brackets instead of minus signs if needed.Thank You for the question.
Q: Need help with this question solution general accounting
A: Step 1: Definition of Indirect Manufacturing CostIndirect manufacturing costs, also known as…
Q: #10. Recall that Unique Industries had estimated $1,055,000 of MOH for the year and 64,500 DL…
A: Given:Estimated Manufactuing overhead = $1,055,000Estimated direct labor hours = 64,500Predetermined…
Q: Kindly help me with accounting questions
A: Step 1: Definition of Bad Debt Expense (Allowance Method)The allowance method is used to estimate…
Q: Kindly help me with general accounting question
A: Step 1: Definition of Incremental Free Cash Flow (FCF)Incremental Free Cash Flow (FCF) measures the…
Q: In 2019, a company reported sales revenue of Landon Manufacturing Company produced 2,000 units of…
A: Step 1: Definition of Predetermined Overhead RateThe predetermined overhead rate is an estimated…
Q: compute The total manufacturing costs
A: Step 1: Definition of Total Manufacturing CostsTotal manufacturing costs include all costs incurred…
Q: General accounting
A: Step 1: Define Total Manufacturing Costs IncurredTotal Manufacturing Costs Incurred represent the…
Q: Solve the following requirements for these financial accounting question
A: Step 1: Definition of Asset Turnover RatioThe Asset Turnover Ratio measures a company's efficiency…
Q: What's the solution for this financial accounting problem
A: Step 1: DefinitionsDefinition of Fixed Asset Turnover RatioThe fixed asset turnover ratio measures…
Q: Mendoza Company's highest point of total cost was $85,000 in June. Their point of lowest cost was…
A: Step 1: Definition of High-Low MethodThe High-Low Method is a cost estimation technique used to…
Q: Solve this question accounting
A: Step 1: Definition of Corporate Tax LiabilityCorporate tax liability is the total amount a…
Q: what is the present value of the note
A: Step 1: Given Value for Calculation Time = t = 6Interest Rate = r = 7%Factor = f = 4.3121Payment = p…
Q: ??
A: Explanation of Debt-to-Equity Ratio:The Debt-to-Equity Ratio is a financial metric that measures the…
Q: On December 31, Strike Company decided to sell one of its batting cages. The initial cost of the…
A: Step 1: Definition of Asset DisposalAsset disposal refers to the process of selling, retiring, or…
Q: Financial Accounting
A: Step 1: Define Outstanding SharesOutstanding shares refer to the total number of shares of a…
Q: The Foundational 15 (Static) [LO6-2, LO6-3, LO6-4, LO6-5, LO6-6) [The following information applies…
A: Foundational 6-8Step 1: Get the total sales of each product and their total. AlphaBetaTotalUnits…
Q: General accounting question
A: Return on Equity (ROE) is a financial ratio that measures a company's profitability with its…
Q: BH Company began the year with stockholders' equity of $320,000. During the year, the company…
A: Explanation of Stockholders' Equity: Stockholders' equity represents the residual interest in a…
Q: I want to correct answer general accounting question
A: Step 1: Definition of Lower-of-Cost-or-Market (LCM) ValuationThe lower-of-cost-or-market (LCM) rule…
Q: Davidson Corp., which began business at the start of the current year, had the following data: .…
A: Step 1: Definition of Gross MarginGross margin is the difference between sales revenue and the cost…
Q: I need correct solution of this general accounting question
A: Step 1: Define Debt-to-Equity RatioThe debt-to-equity ratio is a financial metric that compares an…
Q: Quick answer of this accounting question
A: Step 1: Definition of Cost of Goods Sold (COGS)Cost of Goods Sold (COGS) represents the total direct…
None
Step by step
Solved in 2 steps
- answer ? Financial AccountingRoopali is considering an investment proposal with the following cash flows: Initial investment-depreciable assets $45,000 Initial investment-working capital 5,000 Net cash inflows from operations (per year for 7 years) 10,000 Disinvestment-depreciable assets 3,000 Disinvestment-working capital 2,000 Determine the payback period. Round to one decimal place. Determine the accounting rate of return on initial investment. round to three decimal places. Determine the accounting rate of return on average investmentThe internal rate of return method is used by Royston Construction Co. in analyzing a capital expenditure proposal that involves an investment of $58,416 and annual net cash flows of $12,000 for each of the 7 years of its useful life. Year 6% 10% 12% 15% 20% 1 0.943 0.909 0.893 0.870 0.833 2 1.833 1.736 1.690 1.626 1.528 3 2.673 2.487 2.402 2.283 2.106 4 3.465 3.170 3.037 2.855 2.589 5 4.212 3.791 3.605 3.353 2.991 6 4.917 4.355 4.111 3.785 3.326 7 5.582 4.868 4.564 4.160 3.605 8 6.210 5.335 4.968 4.487 3.837 9 6.802 5.759 5.328 4.772 4.031 10 7.360 6.145 5.650 5.019 4.192 a. Determine a present value factor for an annuity of $1, which can be used in determining the internal rate of return. If required, round your answer to three decimal places.fill in the blank 1 of 1 b. Using the factor determined in part (a) and the present value of an annuity of $1 table above, determine the internal rate of return for the proposal.fill in the blank 1 of 1 %…
- First United Bank Inc. is evaluating three capital investment projects using the net present value method. Relevant data related to the projects are summarized as follows: BranchOfficeExpansion ComputerSystemUpgrade ATMKioskExpansion Amount to be invested $686,053 $516,654 $295,458 Annual net cash flows: Year 1 411,000 288,000 177,000 Year 2 382,000 259,000 122,000 Year 3 349,000 230,000 89,000 Present Value of $1 at Compound Interest Year 6% 10% 12% 15% 20% 1 0.943 0.909 0.893 0.870 0.833 2 0.890 0.826 0.797 0.756 0.694 3 0.840 0.751 0.712 0.658 0.579 4 0.792 0.683 0.636 0.572 0.482 5 0.747 0.621 0.567 0.497 0.402 6 0.705 0.564 0.507 0.432 0.335 7 0.665 0.513 0.452 0.376 0.279 8 0.627 0.467 0.404 0.327 0.233 9 0.592 0.424 0.361 0.284 0.194 10 0.558 0.386 0.322 0.247 0.162 Required: 1. Assuming that the desired rate of return is 20%, prepare a net present value analysis for each project. Use the…The internal rate of return method is used by Testerman Construction Co. in analyzing a capital expenditure proposal that involves an investment of $60,465 and annual net cash flows of $15,000 for each of the nine years of its useful life. Present Value of an Annuity of $1 at Compound Interest Year 6% 10% 12% 15% 20% 1 0.943 0.909 0.893 0.870 0.833 2 1.833 1.736 1.690 1.626 1.528 3 2.673 2.487 2.402 2.283 2.106 4 3.465 3.170 3.037 2.855 2.589 5 4.212 3.791 3.605 3.353 2.991 6 4.917 4.355 4.111 3.785 3.326 7 5.582 4.868 4.564 4.160 3.605 8 6.210 5.335 4.968 4.487 3.837 9 6.802 5.759 5.328 4.772 4.031 10 7.360 6.145 5.650 5.019 4.192 a. Determine a present value factor for an annuity of $1 which can be used in determining the internal rate of return. If required, round your answer to three decimal places. b. Using the factor determined in part (a) and the present value of an annuity of $1 table above, determine the internal rate of return for the proposal. %The Salt Store is evaluating a capital expenditure proposal with the following predicted cash flows: Initial investment $(75,000) Operations, each year for four years 25,000 Salvage 8,000 The accounting rate of return on the initial investment presented is:
- An investment project provides cash inflows of... Please solve the financial accounting questionThe internal rate of return method is used by Testerman Construction Co. in analyzing a capital expenditure proposal that involves an investment of $106,700 and annual net cash flows of $20,000 for each of the eight years of its useful life. Present Value of an Annuity of $1 at Compound Interest Year 6% 10% 12% 15% 20% 1 0.943 0.909 0.893 0.870 0.833 2 1.833 1.736 1.690 1.626 1.528 3 2.673 2.487 2.402 2.283 2.106 4 3.465 3.170 3.037 2.855 2.589 5 4.212 3.791 3.605 3.352 2.991 6 4.917 4.355 4.111 3.784 3.326 7 5.582 4.868 4.564 4.160 3.605 8 6.210 5.335 4.968 4.487 3.837 9 6.802 5.759 5.328 4.772 4.031 10 7.360 6.145 5.650 5.019 4.192 a. Determine a present value factor for an annuity of $1 which can be used in determining the internal rate of return. If required, round your answer to three decimal places.fill in the blank 1 b. Using the factor determined in part (a) and the present value of an annuity of $1 table above, determine the internal rate of…The internal rate of return method is used to analyze a $831,500 capital investment proposal with annual net cash flows of $250,000 for each of the six years of its useful life. a. Determine a present value factor for an annuity of $1, which can be used in determining the internal rate of return. Carry your answer out to three decimal places. b. Based on the factor determined in (a) and the portion of the present value of an annuity of $1 table presented below, determine the internal rate of return for the proposal. Year 10% 15% 20% 1 0.909 0.870 0.833 1.736 1.626 1.528 3 2.487 2.283 2.106 4 3.170 2.855 2.589 5 3.791 3.353 2.991 6 4.355 3.785 3.326 7 4.868 4.160 3.605 %
- Use this information for Wyoming Corporation to answer the questions that follow. The management of Wyoming Corporation is considering the purchase of a new machine costing $375,000. The company's desired rate of return is 6%. The present value factor for an annuity of $1 at interest of 6% for five years is 4.212. In addition to the foregoing information, use the following data in determining the acceptability of this investment: Year Income fromOperations Net CashFlow 1 $18,750 $93,750 2 18,750 93,750 3 18,750 93,750 4 18,750 93,750 5 18,750 93,750 The present value index for this investment isThe following is a simplified project annual income statement for Ma & Pa Incorporated for each year of an eight-year project. Its up-front cost is $2,000. Its cost of capital is 12 percent. Compute the project’s after-tax cash flow. Compute and interpret the project’s NPV, IRR, profitability index, and payback period.The internal rate of return method is used by Testerman Construction Co. in analyzing a capital expenditure proposal that involves an investment of $143,920 and annual net cash flows of $35,000 for each of the six years of its useful life. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the question below. Open spreadsheet Determine the internal rate of return for the proposal. %
