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Moates Corporation has provided the following data concerning an investment project that it is considering: $ 400,000 $ 130,000 per year Initial investment Annual cash flow Expected life of the project Discount rate 4 years 9% Click here to view Exhibit 14B-1 and Exhibit 14B-2, to determine the appropriate discount factor(s) using the tables provided. The net present value of the project is closest to: (Round your intermediate calculations and final answer to the nearest whole dollar amount.) Multiple Choice $400,000 $21070 1 of 5 Next

Moates Corporation has provided the following data concerning an investment project that it is considering: $ 400,000 $ 130,000 per year Initial investment Annual cash flow Expected life of the project Discount rate 4 years 9% Click here to view Exhibit 14B-1 and Exhibit 14B-2, to determine the appropriate discount factor(s) using the tables provided. The net present value of the project is closest to: (Round your intermediate calculations and final answer to the nearest whole dollar amount.) Multiple Choice $400,000 $21070 1 of 5 Next

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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Jiz Saved Help Save Moates Corporation has provided the following data concerning an investment project that it is considering: $ 400,000 $ 130,000 per year Initial investment Annual cash flow Expected life of the project 4 years Discount rate 9% Click here to view Exhibit 14B-1 and Exhibit 14B-2, to determine the appropriate discount factor(s) using the tables provided. The net present value of the project is closest to: (Round your intermediate calculations and final answer to the nearest whole dollar amount.) Multiple Choice $400,000 $71070 ... Prev 1 of 5 Next > to search Jer
Transcribed Image Text:Jiz Saved Help Save Moates Corporation has provided the following data concerning an investment project that it is considering: $ 400,000 $ 130,000 per year Initial investment Annual cash flow Expected life of the project 4 years Discount rate 9% Click here to view Exhibit 14B-1 and Exhibit 14B-2, to determine the appropriate discount factor(s) using the tables provided. The net present value of the project is closest to: (Round your intermediate calculations and final answer to the nearest whole dollar amount.) Multiple Choice $400,000 $71070 ... Prev 1 of 5 Next > to search Jer
EXHIBIT 14B-1 1. Present Value of $1; (1+r)" Periods 4% 5% 6% 7% 8% 9% 10% 11% 12% 13% 14% 16% 0.962 0.952 0.943 0.9350.926 0.917 0.909 0.901| 0.893 0.885 0.877 0.870 0.862 15% 17% 18% 19% 20% 21% 22% 23% 24% 25% 1 0.855 0.847 0.840 0.833 0.826 0.820 0.813 0.806 0.800 2 0.925 0.907 0.890 0.873 0.857 0.842 0.826 0.812 0.797 0.7830.769 0.756 0.743 0.731 0.718 0.706 0.694 0.683 0.672 0.661 0.650 0.640 3 0.889 0.864 | 0.840 0.816 0.794 0.772 0.751 0.731 0.712 0.693 0.675 0.658 0.624 0.609 0.593 0.579 0.564 0.551 0.641 | 0.552 0.534 0.516 0.499 0.482 0.467 0.451 0.537 0.524 0,512 4 0.763 0.735 0.708 0.683 0.659 0.636 0.613 0.592 0.572 0.713 0.681 0.650 0.621 0.593 0.567 0.543 0,519 0.497 0.476 0.456 0.437 0.419 0.402 0.386 0.370 0.355 0.341 0328 0.666 0.855 0.823 0.792 0.822 0.784 0.747 0.437 0.4230.410 0.790 0.746 0.705 0.630 0.596 0.564 0.535 0.507 0.480 0.456 0.432 0.583 0.547 0.513 0.482 0.452 0.425 0.400 0.376 0,540 0.502 0.467 0.434 0.410 0.390 0.354 0.333 0.314 0.296 0.279 0.263 0.305 0.285 0.370 0.352 0.335 0.319 0.289 0.275 0.262 0.303 0 0.249 0.235 0.222 0.210 0.204 0.191 0.167 0.155 0.144 0.711 | 0.665 0.731 0.703 0.676 0.614 0.650 0.585 0.527 0.627 0.582 0.645 0.592 0.544 0.500 0.558 0.508 0.463 0.677 0.467 0.434 0.404 0.376 0.351 0.327 0.308 0.284 0.266 0.249 | 0.233 | 0.218 0.179 | 0.168 9 0.460 0.424 0.391 0.361 0.422 0.386 0.352 0.322 0.295 0.270 0.317 0.287 0.261 0.237 0.263 0.243 0.225 0.209 0.194 0.227 0.208 0.191 0.176 0.162 0.195 0.178 0.162 0.148 0.180 0.134 10 0.247 0.215 0.187 0.229 0.204 0.182 0.163 0.145 0.130 0.116 0.141 0.162 0.137 0.149 0.135 0.123 0.112 0.107 0.094 0.086 0.076 | 0.069 0.068 0.061 0.055 0.055 0.049 0.044 0.126 0.116 11 0.475 0.388 0.350 0.429 0.135 0,103 0.557 0.497 0.444 0.397 0.356 0.368 0.326 12 0.625 0.319 0.286 | 0.257 0.231 | 0.208 0.168 0.152 0.137 0.124 0.102 | 0.092 0.084 0.075 0.062 0.083 0.601 0.5300.469 0.415 0.577 0.505 0.555 0.534 0.458 13 0.104 0.093 0.078 0.065 0.054 0.442 0.388 0.340 0.362 14 0.232 0.205 0.181 0.160 0.183 0.160 0.140 0.299 0.263 0.275 0.239 0.125 0.108 0.111 0.099 0.088 0.069 15 0.481 0.315 0.339 0.292 0.252 0.218 0.371| 0.317 0.270 | 0.231 0.198 0.417 0.074 0.095 0.081 0.209 0.084 0.123 0.141 0.123 0.107 0.057 0.051 0.045 0.040 0.035 16 0.394 0.163 0.170 0.146 0.153 0.130 0.138 0.188 0.093 0.071 0.062 0.047 0.042 0.036 0.032 0.028 17 0.513 0.436 0.125 0.108 0.080 0.069 0.060 0.052 | 0.045 0.039 0.034 0.030 0.026 0.023 0.024 0.021 0.018 0.017 0.093 0.494 0.416 0.350 0.296 0.250 | 0.212 0.180 0.475 0.396 F0.456 0.095 0.083 0.073 0.061 0.093 0.077 0.064 0.053 0.068 0056 0.046 0.038 0.037 | 0.031 0.031 0.026 0.022 0.022 | 0.018 0.018 0.015 18 0.111 0.059 0.051 0.044 0.032 | 0.028 0.027 0.023 0.081 0.069 19 0.331 0.277 0.232 0.194 0.164 0.116 0.098 0.060 0.051 0.044 0.037 0.031 0.038 0.033 0.051 0.043 0.043 0.037 0.070 0.020 0.014 20 0.377 0.215 0.178 0.149 0.087 0.312 0.294 0.258 0.124 0.104 0.016 | 0.014 0.012 0.013 0.0110.009 0.019 0.439 0.422 0.359 0.342 0.135 0.112 0.123 0.101 21 0.242 0.199 0.164 0.026 0.015 0.226 0.184 0.083 0.032 0.026 0.022 0.027 0.022 22 0.278 0.150 0.013 0.011 0.009 0.007 0.406 0.326 0.262 0.211 0.170 0.138 0.390 0.375 23 0.060 0.049 0.040 0.018 0.0115 0.112 0.091 0.102 0.082 0.066 0.074 0.009 0.007 0.006 0.006 0.006 0 005 0.005 | 0.004 0.012 0.007 0.010 0.008 0.007 24 0.310 0.247 0.197 0.158 0.126 0.053 0.043 0.035 0.028 0.023 0.019 0.015 0.013 0.010 0.295 0.233 0.184 0.146 0.116 0.092 0.074 0.059 0.047 0.038 0.030 0.024 0.020 0.016 0.013: 0.010 0.009 O201 0.230 0173 25 0201 001 9:24 AM a A O 40 4/25/2021
Transcribed Image Text:EXHIBIT 14B-1 1. Present Value of $1; (1+r)" Periods 4% 5% 6% 7% 8% 9% 10% 11% 12% 13% 14% 16% 0.962 0.952 0.943 0.9350.926 0.917 0.909 0.901| 0.893 0.885 0.877 0.870 0.862 15% 17% 18% 19% 20% 21% 22% 23% 24% 25% 1 0.855 0.847 0.840 0.833 0.826 0.820 0.813 0.806 0.800 2 0.925 0.907 0.890 0.873 0.857 0.842 0.826 0.812 0.797 0.7830.769 0.756 0.743 0.731 0.718 0.706 0.694 0.683 0.672 0.661 0.650 0.640 3 0.889 0.864 | 0.840 0.816 0.794 0.772 0.751 0.731 0.712 0.693 0.675 0.658 0.624 0.609 0.593 0.579 0.564 0.551 0.641 | 0.552 0.534 0.516 0.499 0.482 0.467 0.451 0.537 0.524 0,512 4 0.763 0.735 0.708 0.683 0.659 0.636 0.613 0.592 0.572 0.713 0.681 0.650 0.621 0.593 0.567 0.543 0,519 0.497 0.476 0.456 0.437 0.419 0.402 0.386 0.370 0.355 0.341 0328 0.666 0.855 0.823 0.792 0.822 0.784 0.747 0.437 0.4230.410 0.790 0.746 0.705 0.630 0.596 0.564 0.535 0.507 0.480 0.456 0.432 0.583 0.547 0.513 0.482 0.452 0.425 0.400 0.376 0,540 0.502 0.467 0.434 0.410 0.390 0.354 0.333 0.314 0.296 0.279 0.263 0.305 0.285 0.370 0.352 0.335 0.319 0.289 0.275 0.262 0.303 0 0.249 0.235 0.222 0.210 0.204 0.191 0.167 0.155 0.144 0.711 | 0.665 0.731 0.703 0.676 0.614 0.650 0.585 0.527 0.627 0.582 0.645 0.592 0.544 0.500 0.558 0.508 0.463 0.677 0.467 0.434 0.404 0.376 0.351 0.327 0.308 0.284 0.266 0.249 | 0.233 | 0.218 0.179 | 0.168 9 0.460 0.424 0.391 0.361 0.422 0.386 0.352 0.322 0.295 0.270 0.317 0.287 0.261 0.237 0.263 0.243 0.225 0.209 0.194 0.227 0.208 0.191 0.176 0.162 0.195 0.178 0.162 0.148 0.180 0.134 10 0.247 0.215 0.187 0.229 0.204 0.182 0.163 0.145 0.130 0.116 0.141 0.162 0.137 0.149 0.135 0.123 0.112 0.107 0.094 0.086 0.076 | 0.069 0.068 0.061 0.055 0.055 0.049 0.044 0.126 0.116 11 0.475 0.388 0.350 0.429 0.135 0,103 0.557 0.497 0.444 0.397 0.356 0.368 0.326 12 0.625 0.319 0.286 | 0.257 0.231 | 0.208 0.168 0.152 0.137 0.124 0.102 | 0.092 0.084 0.075 0.062 0.083 0.601 0.5300.469 0.415 0.577 0.505 0.555 0.534 0.458 13 0.104 0.093 0.078 0.065 0.054 0.442 0.388 0.340 0.362 14 0.232 0.205 0.181 0.160 0.183 0.160 0.140 0.299 0.263 0.275 0.239 0.125 0.108 0.111 0.099 0.088 0.069 15 0.481 0.315 0.339 0.292 0.252 0.218 0.371| 0.317 0.270 | 0.231 0.198 0.417 0.074 0.095 0.081 0.209 0.084 0.123 0.141 0.123 0.107 0.057 0.051 0.045 0.040 0.035 16 0.394 0.163 0.170 0.146 0.153 0.130 0.138 0.188 0.093 0.071 0.062 0.047 0.042 0.036 0.032 0.028 17 0.513 0.436 0.125 0.108 0.080 0.069 0.060 0.052 | 0.045 0.039 0.034 0.030 0.026 0.023 0.024 0.021 0.018 0.017 0.093 0.494 0.416 0.350 0.296 0.250 | 0.212 0.180 0.475 0.396 F0.456 0.095 0.083 0.073 0.061 0.093 0.077 0.064 0.053 0.068 0056 0.046 0.038 0.037 | 0.031 0.031 0.026 0.022 0.022 | 0.018 0.018 0.015 18 0.111 0.059 0.051 0.044 0.032 | 0.028 0.027 0.023 0.081 0.069 19 0.331 0.277 0.232 0.194 0.164 0.116 0.098 0.060 0.051 0.044 0.037 0.031 0.038 0.033 0.051 0.043 0.043 0.037 0.070 0.020 0.014 20 0.377 0.215 0.178 0.149 0.087 0.312 0.294 0.258 0.124 0.104 0.016 | 0.014 0.012 0.013 0.0110.009 0.019 0.439 0.422 0.359 0.342 0.135 0.112 0.123 0.101 21 0.242 0.199 0.164 0.026 0.015 0.226 0.184 0.083 0.032 0.026 0.022 0.027 0.022 22 0.278 0.150 0.013 0.011 0.009 0.007 0.406 0.326 0.262 0.211 0.170 0.138 0.390 0.375 23 0.060 0.049 0.040 0.018 0.0115 0.112 0.091 0.102 0.082 0.066 0.074 0.009 0.007 0.006 0.006 0.006 0 005 0.005 | 0.004 0.012 0.007 0.010 0.008 0.007 24 0.310 0.247 0.197 0.158 0.126 0.053 0.043 0.035 0.028 0.023 0.019 0.015 0.013 0.010 0.295 0.233 0.184 0.146 0.116 0.092 0.074 0.059 0.047 0.038 0.030 0.024 0.020 0.016 0.013: 0.010 0.009 O201 0.230 0173 25 0201 001 9:24 AM a A O 40 4/25/2021
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