After a year of operations, a luxury Mexican food company is booming, performing well financially. The values of their assets, at the end of Year 1 are: Vacuum Packaging Machines : $650000; Hot Sauce Reactors: $150000; In the next years, the company made the following transactions: 1. At the beginning of Business Year 2, new packaging machines are purchased for $820000; 2. In Year 3, one old packaging machine is sold for $66000; 3. In Year 4, a hot sauce reactor (with reinforced walls) is purchased for $750000 and two old reactors are sold for $170000. This type of equipment has a rate of 30% according to Canada Revenue Agency. (NOTE: Write your answer using the full number (i.e., use all digits), and use two decimal places if needed. Don't type dollar signs or commas in the blanks). The Unclaimed Capital Cost at the end of Year 2 is: The Capital Cost Allowance in Year 3 is: The Capital Cost Allowance in Year 4 is:

After a year of operations, a luxury Mexican food company is booming, performing well financially. The values of their assets, at the end of Year 1 are: Vacuum Packaging Machines : $650000; Hot Sauce Reactors: $150000; In the next years, the company made the following transactions: 1. At the beginning of Business Year 2, new packaging machines are purchased for $820000; 2. In Year 3, one old packaging machine is sold for $66000; 3. In Year 4, a hot sauce reactor (with reinforced walls) is purchased for $750000 and two old reactors are sold for $170000. This type of equipment has a rate of 30% according to Canada Revenue Agency. (NOTE: Write your answer using the full number (i.e., use all digits), and use two decimal places if needed. Don't type dollar signs or commas in the blanks). The Unclaimed Capital Cost at the end of Year 2 is: The Capital Cost Allowance in Year 3 is: The Capital Cost Allowance in Year 4 is:

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

brary TE(18,3.25,-139.90,100) E F RATE Nper 18 Pmt 3.25 PV Fv Type -139.90 100 Defined Names Formula result = 0.008500381 Help on this function Function Arguments = 18 = = -139.9 = 100 = number 3.25 Formula Auditing ? = 0.008500381 Returns the interest rate per period of a loan or an investment. For example, use 6%/4 for quarterly payments at 6% APR. OK X Fv is the future value, or a cash balance you want to attain after the last payment is made. If omitted, uses Fv = 0. Cancel
Draw the cash flow diagrams for the Uniform Payment Series examples i need solutions in 10 minutes please
FIND(x) FOR THE SHOWN CASH -FIOW DIAGRAMS USE:i=9% 2 3 4 1500 5 6 7 8 1500 9
Suppose A=D+E, E=$350,000 and E/A=0.7. Solve for D.
Determine the present value of the following single amounts. Note: Use tables, Excel, or a financial calculator. Round your final answers to nearest whole dollar amount. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) Determine the present value of the following single amounts. Note: Use tables, Excel, or a financial calculator. Round your final answers to nearest whole dollar amount. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) 1. 2. 3. 4. Future Amount $ 25,000 $ 19,000 $ 30,000 $ 45,000 ¡= 6% 10% 12% 11% n = 11 14 29 10 Present Value
Determine the future value of the following single amounts. Note: Use tables, Excel, or a financial calculator. Round your final answers to nearest whole dollar amount. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) 1. 2. 3 4. Invested Amount 15,000 20,000 30,000 50,000 $ $ $ U $ i = 6% 8% 12% 4% n = 12 10 20 12 Future Value
What is the present value of the following cash flow? $1,100 $700 (+) 4% 6% 7% 3 4 () $400 Click here to access the TVM Factor Table calculator. Carry all interim calculations to 5 decimal places and then round your final answer to a whole number. The tolerance is 24.
Convert the following cash flows to an equivalent single payment at t=6 when i=7%. $1500 $1250 $1250 $500 $200 2. 3 4 5 6
With i = 10%, n = 4, find an equivalent uniform payment A' for 24000 18000 12000 6000 3 4
FIND(x) FOR THE SHOWN CASH-FIOW DIAGRMS USE:i=9% 50 G=508 12 X 3 4
Give 10 examples of direct material
Determine the future value of the following single amounts. Note: Use tables, Excel, or a financial calculator. Round your final answers to nearest whole dollar amount. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) Invested Amount i- n Future Value 1. $ 11,500 7% 15 23 $ 15,000 6% 14 $ 28,000 12% 14 4. S 48,000 8% 6