UJ0 per ycal 101 all assct tmat mialy Cost B28,000,lany Cost $28Ust $26,has a salvage value of $1500 whenever it is sold,and generates cash flow of $2900 per year. Usefactors and a spreadsheet.8.27 A vibrating sieve shaker in a soil analysis labora-tory has a first cost of $8000 and an expected sal-vage value of $500 when it is sold. A positive cashflow of only $900 per year can be attributed di-rectly to the shaker. (a) Determine the paybackperiod if the required return is 8% per year. (b) Ifthe asset will be in service for an estimated12 years, should it be purchased?8.28 You work part time selling mobile phone ads on aOINS commission basis. (a) Using factors and a spread-sheet, determine the number of years you would

Using present wroth analysis NPV= 8000 +900(P/ A, 8%, n) +500(P/F ,8%, n) NPV= 8000 +900…

Answered: factors a 8.27 A vibrat tory has vage…

Business

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factors a 8.27 A vibrat tory has vage val flow of rectly to period it the asse 12 years 8.28 You won commiss

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

UJ0 per ycal 101 all assct tmat mialy Cost B28,000,
lany Cost $28
Ust $26,
has a salvage value of $1500 whenever it is sold,
and generates cash flow of $2900 per year. Use
factors and a spreadsheet.
8.27 A vibrating sieve shaker in a soil analysis labora-
tory has a first cost of $8000 and an expected sal-
vage value of $500 when it is sold. A positive cash
flow of only $900 per year can be attributed di-
rectly to the shaker. (a) Determine the payback
period if the required return is 8% per year. (b) If
the asset will be in service for an estimated
12 years, should it be purchased?
8.28 You work part time selling mobile phone ads on a
OINS commission basis. (a) Using factors and a spread-
sheet, determine the number of years you would

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