Samsung invested $21,766 in the current year to expand its manufacturing capacity. Assume that these assets have an 8-year life and generate net cash flows of $4,000 per year, and that Samsung requires a 7% return on its investments. (Samsung $s in millions.) Required: Compute break-even time. (Round "Break even time" answer to 1 decimal place.) Break-even time years
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- Cullumber Company is considering an investment that will return a lump sum of $830,000 6 years from now. Click here to view the factor table. What amount should Cullumber Company pay for this investment to earn an 12% return? (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round answer to 2 decimal places, e.g. 25.25.) Cullumber Company should pay eTextbook and Media Save for Later Attempts: 0 of 3 used Submit AnswerCrane Company is considering an investment that will return a lump sum of $930,000 6 years from now. Click here to view the factor table. What amount should Crane Company pay for this investment to earn an 9% return? (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round answer to 2 decimal places, e.g. 25.25.) Crane Company should pay $Pharoah Company is considering an investment that will return a lump sum of $931,000 4 years from now. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What amount should Pharoah Company pay for this investment to earn an 8% return? (Round answer to 2 decimal places, eg. 25.25.) Lincoln Company should pay $ 684,974.46
- Whispering Winds Company is considering an investment which will return a lump sum of $2,590,000 six years from now. What amount should Whispering Winds Company pay for this investment to earn an 11% return? (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round answer to O decimal places, e.g. 5,275.) Click here to view the factor table. Amount pay for investment $Oriole Company is considering an investment that will return a lump sum of $879,000 3 years from now. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What amount should Oriole Company pay for this investment to earn an 9% return? (Round answer to 2 decimal places, e.g. 25.25.) Lincoln Company should pay $Munabhai
- Sandhill Company earns 11% on an investment that will return $459,000 8 years from now. Click here to view the factor table. What is the amount Sandhill should invest now to earn this rate of return? (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round answer to 2 decimal places, eg. 25.25.) Sandhill Company should invest $A company is allocating $10 million to develop a new product. This money will be spent continuously for a period of 3 years (it is assumed that product sales will cover expenses in this process). If this money is deposited into an account that consistently earns interest at annual rates of (a) 12%, (b)10.75%, how much money can be withdrawn at most for the duration of the 3-year period? Answer: (a) $3 969 256 per year; (b) $3 899 674 per yearSubject: acounting
- The company is going to invest ₱26,000, ₱34,000, ₱46,000, and ₱54,000 respectively into a savings account at the end of each year through 4 years. Each of these amounts will compound at 4% per annum until the 4th year. What is the total expected amount that the company will have at the end of the 4th year? (Do not round off between computations. Round off the final answer to two decimal places. Example of writing your answer 64,125.91)Paydirt Pete Mining expects receipts from a mining site to decdine according to an arithmetic gradient of $46526 per year. If this year's receipts are expected to be $290893 and the company expects the useful life of the well to be 7 years, what is the equivalent uniform annual worth during this time period from the mine at an interest rate of 13% per year? Write your answer to two decimal places. This Blackboard question was created by Kendra Ahmed, MBA, MCIS.Wildhorse Co. is considering an investment that will return a lump sum of $928,900, 8 years from now. For calculation purposes, use 5 decimal places as displayed in the factor table What amount should Wildhorse Co. pay for this investment to earn an 12% return. ( round answer to 2 decimal places, e.g. 25.25) Lincoln Company Should pay?