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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

Century 21 Accounting Multicolumn Journal
Century 21 Accounting Multicolumn Journal
11th Edition
ISBN:9781337679503
Author:Gilbertson
Publisher:Gilbertson
Chapter18: Acquiring Capital For Growth And Development
Section: Chapter Questions
Problem 1AP
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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.)

 

 
 
  Year
1 2 3 4 5 6
Book ROI
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