Preview

Ac 556 Week 4 Assingment

Satisfactory Essays
Open Document
Open Document
470 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Ac 556 Week 4 Assingment
| Week 4 | | | | | | | | | Capital Budgeting Problem | | | | | | | | | | | | | | | | | Data: | | | | | | | | Initial investment | $80,000 | | | | | | | Increase in working capital | $20,000 | | | | | | | Length of investment | 6 | | | | | | | Salvage value | $8,000 | | | | | | | Before tax annual cash inflows | $28,500 | | | | | | | Tax rate | 35% | | | | | | | Discount rate | 14% | | | | | | | | | | | | | | | | 1. Annual accounting income | | | | | | | | | Annual cash inflows | $28,500 | | | | | | | | Depreciation expense | 12,000 | | | | | | | | | | | | | | | | | EBT | 16,500 | | | | | | | | Income tax | 5,775 | | | | | | | | | | | | | | | | | Accounting Income | $10,725 | | | | | | | | | | | | | | | | | | | | | | | | | 2. Annual after tax cash inflows | | | | | | | | | Accounting income | $10,725 | | | | | | | | Add back depr. Expense | 12,000 | | | | | | | | | | | | | | | | | Annual after tax cash inflows | $22,725 | | | | | | | | | | | | | | | | | | | | | | | | | 3. Payback based upon initial cash outflows | | | | | | | | Initial investment | $80,000 | | | | | | | | Increase in WC | $20,000 | | | | | | | | | | | | | | | | | Initial cash outflows | $100,000 | | | | | | | | | | | | | | | | | Annual after tax cash inflows | $22,725 | | | | | | | | | | | | | | | | | Payback | 4.4 | years | | | | | | | | | | | | | | | | | | | | | | | | 4. Discounted payback based upon initial cash outflows | | | | | | | | | | | | | | | | | Annual cash inflows | 14% PV factor | Discounted cash flows | | Balance of initial investment | Discounted payback |

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Acc561 Week 5

    • 250 Words
    • 1 Page

    List the products and show for each quarter and for the 6 months, units, selling price, and total sales by product and in total.…

    • 250 Words
    • 1 Page
    Satisfactory Essays
  • Satisfactory Essays

    BC3020 Week 4 A

    • 231 Words
    • 2 Pages

    1. Q) What is the code range used to report debridement associated with open fracture?…

    • 231 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    ACA1 TASK 3

    • 435 Words
    • 2 Pages

    The calculation of the straight line method of depreciation is by taking the cost of the item minus its salvage value then dividing that figure by the expected year’s life cycle of the item. This is a non complex calculation and it reduces net income and the equal amounts of depreciation are deducted from every life cycle year of the item.…

    • 435 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Acc501 Week 3

    • 2323 Words
    • 10 Pages

    The condensed income statement for the Terri and Jerri partnership for 2010 is as follows.…

    • 2323 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    Please complete the following 7 exercises below in either Excel or a word document (but must be single document). You must show your work where appropriate (leaving the calculations within Excel cells is acceptable). Save the document, and submit it in the appropriate week using the Assignment Submission button.…

    • 1284 Words
    • 12 Pages
    Good Essays
  • Good Essays

    What information regarding inventories and property, plant, and equipment must be disclosed by Koch Corporation in the audited financial statements issued to stockholders, either in the body or the notes, for the 2010–2011 fiscal year?…

    • 893 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Acc 403

    • 297 Words
    • 2 Pages

    In adding the sale of $35,500 worth of computers, it adds to the sales revenue as well as the cost of goods sold.…

    • 297 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Berrys Bug Blaster

    • 261 Words
    • 2 Pages

    Income Statement 1/1/2008 - 12/31/2008 | Revenue | | | $3,249,580.53 | | Direct Expenses | | | | Salaries & Wages | $487,437.08 | | | Vehicle Maintenance | $64,991.61 | | | Fuel | $20,449.80 | | |…

    • 261 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    E3-2

    • 717 Words
    • 3 Pages

    Week 2 Geronimo CompanyTrial BalanceApril 30, 2012 | | Debit | Credit | Cash | $2,100 | | Accounts Receivable | 2,750 | | Prepaid Insurance | 1,700 | | Equipment | 8,000 | | Accounts Payable | | $ 3,500 | Property Tax Payable | | 560 | Geronimo, Capital | | 11,200 | Service Revenue | | 6,690 | Salaries Expense | 4,200 | | Advertising Expense | 1,400 | | Property Tax Expense | 1,800 | | | $ 21,950 | $ 21,950 | E3-2 P3-4 (a) Nov. 30 Store Supplies Expense………………1,500 Store Supplies………………… 1,500 30 Depr.…

    • 717 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Eng 125 Week 1 Assignment

    • 463 Words
    • 2 Pages

    When reading literature the author tries to establish emotion, satire, tone, and farce as well as other feelings and thoughts. When an author writes a poem they try to establish a feeling making the reader feel as if they are involved in the work being produced weather is be happy, sad, funny, or scary.…

    • 463 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    At some point in our lives we all ask the same generalized questions; whether it be out loud, or mentally. As a returning student one of the common topics is the brain. How do the different parts work? How do we learn? Why do I learn differently than you? I have yet to find all of the answers, but thankfully, Gardner has broken down the seven intelligences within the brain that can stimulate and support different ways we, as humans, accept and retain the knowledge we come into contact with daily.…

    • 535 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Hca 250 Week 7 Assignment

    • 488 Words
    • 2 Pages

    Workplace violence includes threatening behaviors, verbal abuse and physical assault. In any given week about 20 workers are murdered in the United States (Bruce& Nowlin, 2011). This can include the harming of an employee or client/customer of an organization by another employee, client/customer, or member of the general public. Many internal and external factors, including socioeconomic conditions, problems related to drug and alcohol abuse, layoffs, dictatorial workplaces, stress over job security, and domestic problems, are leading causes of workplace violence.…

    • 488 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    abma630 week 9

    • 799 Words
    • 3 Pages

    Should your health information be private or released to the employers? The Health Insurance Profitability and Accountability Act (HIPAA) privacy rule allows protection of one’s identifiable health information. It gives everyone the rights over health insurance, the right to obtain a copy of your health insurance, and who can review/obtain your health insurance. This was created in 1966 by department of Health and Human Services to “assure that individual’s health insurance is properly protected while allowing the flow of health information needed to provide and promote high quality healthcare and to protect the public health and well-being”. (hhs.gov) HIPAA requires signed authorization from individuals before sharing their information to third parties, which restrict all covered entities from releasing protected health information. The HIPAA act affects not only employees but also health insurance companies, hospitals, clinics, and medical practices. HIPAA allows sharing information to only be useful in finding treatment, payment, and operation. (TPO) Any sharing done outside of TPO requires special permission. It also affects employers that offer group heath care insurance.…

    • 799 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Class Hcs 440 Week 4 Dq 1

    • 350 Words
    • 2 Pages

    Notwithstanding sweeping changes in the area of preexisting conditions under the new Health Care Reform Act of 2010, should individuals with preexisting conditions be able to purchase health insurance at the same cost as those without such conditions? Why or why not?…

    • 350 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Eng 125 Week 1 Assignment

    • 668 Words
    • 3 Pages

    The poem “The road not taken” by Robert Frost outlines a scenario every human being on the planet has encountered. The images and emotions evoked are masterfully woven into the style that Frost used. Using the formalist approach this poem is easily stripped down to the intent of sharing a common decision making process with the readers. Robert Frost is able to skillfully use writing techniques to share a common experience of which road to take in life and create a poem that evokes those memories every time.…

    • 668 Words
    • 3 Pages
    Good Essays