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Information for two alternative projects involving machinery Investments follows. Project 1 requires an initial Investment of $245,000. Project 2 requires an Initial Investment of $175,000. Annual Amounts Sales of new product Expenses Materials, labor, and overhead (except depreciation) Depreciation Machinery Selling, general, and administrative expenses Income (a) Compute each project's annual net cash flow. (b) Compute payback period for each Investment. Required A Required B Compute each project's annual net cash flow. Complete this question by entering your answers in the tabs below. Annual Amounts Sales of new product Expenses Materials, labor, and overhead (except depreciation) Depreciation-Machinery Selling, general, and administrative expenses Income Net cash flow $ S Income Project 1 144,000 76,000 31,000 19.000 18,000 Project 1 $ 144,000 S 76,000 31,000 19,000 $ 18,000 Cash Flow 0 S S Required B > Project 2 $ 124,000 43,000 29,000 31,000 $ 21,000 Project 2 Cash Flow Income 124,000 43,000 29,000 31,000 21,000 S 0

Information for two alternative projects involving machinery Investments follows. Project 1 requires an initial Investment of $245,000. Project 2 requires an Initial Investment of $175,000. Annual Amounts Sales of new product Expenses Materials, labor, and overhead (except depreciation) Depreciation Machinery Selling, general, and administrative expenses Income (a) Compute each project's annual net cash flow. (b) Compute payback period for each Investment. Required A Required B Compute each project's annual net cash flow. Complete this question by entering your answers in the tabs below. Annual Amounts Sales of new product Expenses Materials, labor, and overhead (except depreciation) Depreciation-Machinery Selling, general, and administrative expenses Income Net cash flow $ S Income Project 1 144,000 76,000 31,000 19.000 18,000 Project 1 $ 144,000 S 76,000 31,000 19,000 $ 18,000 Cash Flow 0 S S Required B > Project 2 $ 124,000 43,000 29,000 31,000 $ 21,000 Project 2 Cash Flow Income 124,000 43,000 29,000 31,000 21,000 S 0

FINANCIAL ACCOUNTING
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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Information for two alternative projects involving machinery Investments follows. Project 1 requires an initial Investment of $245,000. Project 2 requires an Initial Investment of $175,000. Annual Amounts Sales of new product Expenses Materials, labor, and overhead (except depreciation) Depreciation-Machinery Selling, general, and administrative expenses Income (a) Compute each project's annual net cash flow. (b) Compute payback period for each Investment. Required A Required B Complete this question by entering your answers in the tabs below. Compute each project's annual net cash flow. Annual Amounts Sales of new product Expenses Materials, labor, and overhead (except depreciation) Depreciation-Machinery Selling, general, and administrative expenses Income Net cash flow $ S Income Project 1 144,000 76,000 31,000 19.000 18,000 Project 1 $ 144,000 S 76,000 31,000 19,000 $ 18,000 Cash Flow 0 S S Required B > Project 2 $ 124,000 43,000 29,000 31,000 $ 21,000 Project 2 Cash Flow Income 124,000 43,000 29,000 31,000 21,000 S 0
Transcribed Image Text:Information for two alternative projects involving machinery Investments follows. Project 1 requires an initial Investment of $245,000. Project 2 requires an Initial Investment of $175,000. Annual Amounts Sales of new product Expenses Materials, labor, and overhead (except depreciation) Depreciation-Machinery Selling, general, and administrative expenses Income (a) Compute each project's annual net cash flow. (b) Compute payback period for each Investment. Required A Required B Complete this question by entering your answers in the tabs below. Compute each project's annual net cash flow. Annual Amounts Sales of new product Expenses Materials, labor, and overhead (except depreciation) Depreciation-Machinery Selling, general, and administrative expenses Income Net cash flow $ S Income Project 1 144,000 76,000 31,000 19.000 18,000 Project 1 $ 144,000 S 76,000 31,000 19,000 $ 18,000 Cash Flow 0 S S Required B > Project 2 $ 124,000 43,000 29,000 31,000 $ 21,000 Project 2 Cash Flow Income 124,000 43,000 29,000 31,000 21,000 S 0
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