he following tables provide book information on the Nodhead project. Year 1 2 3 4 5 6 Book income for store 1 −65.20 34.80 84.80 132.80 132.80 132.80 2 −71.72 38.28 93.28 146.08 146.08 3 −78.89 42.11 102.61 160.69 4 −86.78 46.32 112.87 5 −95.46 50.95 6 −105.01 Total book income −65.20 −36.92 44.19 181.41 332.35 498.38 Book value for store 1 1,004.01 836.68 669.34 502.00 334.66 167.32 2 1,104.41 920.34 736.27 552.19 368.12 3 1,214.85 1,012.38 809.90 607.41 4 1,336.34 1,113.61 890.88 5 1,469.97 1,224.98 6 1,616.97 Total book value 1,004.01 1,941.09 2,804.53 3,586.99 4,280.33 4,875.68 Assume a steady-state growth rate of 10% per year. Calculate the book ROI. (Negative answers should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to 3 decimal places.) Year 1 2 3 4 5 6 Book ROI
he following tables provide book information on the Nodhead project. Year 1 2 3 4 5 6 Book income for store 1 −65.20 34.80 84.80 132.80 132.80 132.80 2 −71.72 38.28 93.28 146.08 146.08 3 −78.89 42.11 102.61 160.69 4 −86.78 46.32 112.87 5 −95.46 50.95 6 −105.01 Total book income −65.20 −36.92 44.19 181.41 332.35 498.38 Book value for store 1 1,004.01 836.68 669.34 502.00 334.66 167.32 2 1,104.41 920.34 736.27 552.19 368.12 3 1,214.85 1,012.38 809.90 607.41 4 1,336.34 1,113.61 890.88 5 1,469.97 1,224.98 6 1,616.97 Total book value 1,004.01 1,941.09 2,804.53 3,586.99 4,280.33 4,875.68 Assume a steady-state growth rate of 10% per year. Calculate the book ROI. (Negative answers should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to 3 decimal places.) Year 1 2 3 4 5 6 Book ROI
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter6: Cash And Receivables
Section: Chapter Questions
Problem 9RE: Refer to RE6-8. On April 23, 2020, McKinncy Co. receives a check, from Mangold Corporation for...
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The following tables provide book information on the Nodhead project.
Year | ||||||
1 | 2 | 3 | 4 | 5 | 6 | |
Book income for store | ||||||
1 | −65.20 | 34.80 | 84.80 | 132.80 | 132.80 | 132.80 |
2 | −71.72 | 38.28 | 93.28 | 146.08 | 146.08 | |
3 | −78.89 | 42.11 | 102.61 | 160.69 | ||
4 | −86.78 | 46.32 | 112.87 | |||
5 | −95.46 | 50.95 | ||||
6 | −105.01 | |||||
Total book income | −65.20 | −36.92 | 44.19 | 181.41 | 332.35 | 498.38 |
Book value for store | ||||||
1 | 1,004.01 | 836.68 | 669.34 | 502.00 | 334.66 | 167.32 |
2 | 1,104.41 | 920.34 | 736.27 | 552.19 | 368.12 | |
3 | 1,214.85 | 1,012.38 | 809.90 | 607.41 | ||
4 | 1,336.34 | 1,113.61 | 890.88 | |||
5 | 1,469.97 | 1,224.98 | ||||
6 | 1,616.97 | |||||
Total book value | 1,004.01 | 1,941.09 | 2,804.53 | 3,586.99 | 4,280.33 | 4,875.68 |
Assume a steady-state growth rate of 10% per year. Calculate the book ROI. (Negative answers should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to 3 decimal places.)
|
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