The East and West Railroad has 2 divisions. The company recently invested $800,000 to maintain its railroad track and pertinent data for the two divisions are as follows: Total Miles Traveled East Division 800,000 miles West Division 1,200,000 mile What is the amount of track improvement cost that should be allocated to the West Division?
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- ! Required information [The following information applies to the questions displayed below.] The following information is provided for each Investment Center. Investment Center Cameras Phones Computers Income $ 6,000,000 2,295,000 1,050,000 Assume a target income of 15% of average assets. Compute residual income for each center. Note: Enter losses with a minus sign. Residual income (loss) Cameras Average Assets $ 26,900,000 15,300,000 13,600,000 Phones ComputersSmithy Ltd wants to invest in a new machine cooling system. There are three different systems currently in the market: Water-cooled Refrigerant Air-cooled Initial investment 488,000 990,000 1,020,000 Regular maintenance costs per annum 86,000 27,000 80,000 Scheduled major maintenance costs 46,000 72,000 44,000 Energy cost per annum 90,000 60,000 75,000 Other operating cost per annum 107,000 45,000 - Waste per annum 230,000 kilolitres of water* 50 litres of NH3** - Sound tiers (decibels)*** 95 55 85 The water-cooled system and refrigerant system requires a major maintenance at the end of every five years, while the air-cooled system requires a major maintenance at the end of every 10 years. The required rate of return is 10% for all capital investments. Assume a time horizon of 12 years. Ignore tax effects. Required: Calculate the net present value of the three systems. Which option is superior on…Information for two alternative projects involving machinery investments follows. Project 1 requires an initial investment of $229,500. Project 2 requires an initial investment of $156,000. Annual Amounts Project 1 Project 2 Sales of new product $ 148,000 $ 128,000 Expenses Materials, labor, and overhead (except depreciation) 77,000 44,000 Depreciation—Machinery 32,000 30,000 Selling, general, and administrative expenses 20,000 32,000 Income $ 19,000 $ 22,000 (a) Compute each project’s annual net cash flow.(b) Compute payback period for each investment.
- HOW TO SOLVE THIS?Wescott Company has three divisions: A, B, and C. The company has a hurdle rate of 8 percent. Selected operating data for the three divisions are as follows: Sales revenue Cost of goods sold Miscellaneous operating expenses Interest and taxes Average invested assets Wescott is considering an expansion project in the upcoming year that will cost $5.7 million and return $521,000 per year. The project would be implemented by only one of the three divisions. Complete this question by entering your answers in the tabs below. Req 1 Required: 1. Compute the ROI for each division. 2. Compute the residual income for each division. 3. Rank the divisions according to the ROI and residual income of each. 4-a. Compute the return on investment on the proposed expansion project. 4-b. Is this an acceptable project? 5. Without any additional calculations, state whether the proposed project would increase or decrease each division's ROI. 6. Compute the new ROI and residual income for each division if…INVESTMENT CENTER: The AAA Division has permanent current assets of P50,000 and operating non-current assets of 350,000. It provides annual operating income after tax of P100,000. Its cost of capital is 15% but the minimum required rate of return by the entity is 16%. How much is its current return on investment? How much is its economic value added? How much is its residual income? Assume that the Senna Division is presented by the head office to manage a P60,000 investment option yielding a 20% return on its investment. Should the Division agree to manage this investment opportunity? Yes, because the ROI will increase. Yes, because the RI and EVA will increase. No, because the ROI will decrease. No, because the RI and EVA will decrease.
- Growth Co has two divisions, Northern and Southern. The divisions are allowed to make their own investment decisions and they are currently considering the following separate projects: Capital required Additional sales due to project Northern $42.5m $19.6m 35% 15% Southern $60.2m $28.5m Operating profit margin 42% 21% Current return on investment If the projects are evaluated on the basis of return on investment, which division(s) would choose to go ahead with their investment(s)? Northern only Neither Northern nor Southern Both Northern and Southern Southern onlyPLEASE ANSWER BOTH POINTS (1 AND 2), PROPERLY BREAKDOWN POINT NUMBER 2 WITH THE CORRESPONDING OPERATIONS AND ALL THE RESULTS. InstructionsAn evaluation is needed for a sock production project that requires an initial investment of $50,000,000°, of which 80% corresponds to depreciable fixed assets, and 20% to working capital. The unit production cost is $10,000°°, and a unit sale value of $13,500°° is estimated. The market study revealed a potential demand of 20,000 units for the first year. The fixed assets are depreciated straight-line over a useful life of 10 years. Operational expenses are estimated at $4,000,000° for the first year. The fixed costs amount to $10,000,000° for the first year. The following increments are estimated: sales increase by 2% annually, variable unit cost by 3% annually, unit sale price by 3% annually, operational expenses by 6% annually, and fixed costs by 5% annually. The project has a useful life of 5 years. 1. Build the project's cash flow.2. Calculate…Dynetics Corp. has the following investment opportunities: Machine A Machine B Machine C ($10,000 cost) ($22,500 cost) ($35,500 cost) Year 1 $6,000 Year 1 $12,000 Year 1 0 Year 2 3,000 Year 2 7,500 Year 2 30,000 Year 3 3,000 Year 3 1,500 Year 3 5,000 Year 4 0 Year 4 1,500 Year 4 20,000 Under the payback method and assuming these machines are mutually exclusive, which machine(s) would Dynetics Corp. choose? a. Machine A b. Machine B c. Machine C Od. None of these choices are correct.
- Use the following information for the next two questions: Bass Co. appropriately uses the cost-to-cost method in measuring construction contract with a customer. its progress on Information on this contract, which was completed in 20x3, is a shown below: 20x1 20x2 20x3 20,000,000 20,000,000 20,000,000 Transaction price Profit each year Costs incurred each year (200,000) 8,200,000 400,000 1,400,000 3,600,000 (AICPA - Adapted) 1. 10. How much are the contract costs incurred in 20x2? a. 5,800,000 b. 6,200,000 c. 6,600,000 d. 10,200,000 11. How much are the estimated additional costs to complete as of December 31, 20x2? a. 5,400,000 b. 6,800,000 c. 7,200,000 d. 8,600,000n the design of a chemical plant, the following expenditures and revenues are estimated after the plant has achieved its desired production rate. Total capital investment (TCI) : $10 000 000 Working capital investment (WCI) : $1 000 000 Annual sales : $8 000 000 /year Annual expenditures : $2 000 000 /year Assuming straight-line depreciation over a 10-year project analysis period, determine a) The return on the investment after taxes b) The payback periodAn industrial organization studying the relative desirability of two diesel engines proposed for installation has estimated that the annual operating costs for engine A is Tk. 40,000 and for engine B is Tk. 35000. What is the added justifiable investment for engine B if the cost of money use is 8 percent of the investment, taxes are 4 percent of 80 percent of the first cost, insurance is 0.3 percent of investment, and annual depreciation charge has been set at 5 percent of the total investment?
