pieces of equipment‚ a truck and an overhead pulley system‚ in this year’s capital budget. The projects are independent. The cash outlay for the truck is $17‚100 and that for the pulley system is $22‚430. The firm’s cost of capital is 14%. After-tax cash flows‚ including depreciation‚ are as follows: Year Truck Pulley 1 $5‚100 $7‚500 2 $5‚100 $7‚500 3 $5‚100 $7‚500 4 $5‚100 $7‚500 5 $5‚100 $7‚500 Calculate the IRR‚ the NPV‚ and the MIRR for each project‚ and indicate the correct accept-reject
Premium Depreciation Net present value Operating cash flow
ENG3U-ISP essay Lillian Qin Classism refers to prejudice on the basis of social class. It includes individual attitudes and behaviors‚ which systems of policies are set up to benefit the upper classes at the expense of the lower classes. Ying‚ who was born in a rich Chinese family‚ fell in love with an orphan named Larry. Ying’s parents criticized that Larry is considered as a poor man who has no ability to take care of Ying. They ignored the fact that Larry is an intelligent and independent
Premium Social status Working class Social class
Advantages of Cash flow * Cash flow is more “direct” as “profit” is highly dependent on accounting conventions and concepts/principles * Cash flow reporting satisfies the needs of all users better since cash flow is more direct with its messages. Some of the interested user parties are: * Creditors -repayment of debts‚ overdue accounts * Management -cash flow reporting provides the type of information which decision should be taken re: relevant costs ( decision based on future cash flow)
Premium Balance sheet Generally Accepted Accounting Principles Income statement
1888 The First National Manual Cash Register In 1883 on January the 30th James Ritty receives a Patent for inventing the cash register. Ritty owned a cafe in Dayton in the 1870s it was a popular cafe but somehow always lost money Ritty then blamed the bartenders and other workers for stealing. What Ritty dealt with was very common in the late 1800s. Ritty later went on a vacation on a ship whist on the ship he observed the workings of an automatic device that recorded the revolutions of the ship’s
Premium Cash register Retailing
Subject: Cash Pooling Supervisor: Dr. Nasser Abu Mustafa University: NYIT Cash Management: Cash pooling Abstract The role of the corporate cash manager has been continuously revised over the past few years‚ as a result of the demand for more effective and efficient ways to support the core needs of the organization. This has resulted in new responsibilities for the corporate treasurer and cash manager. The cash management function is demanding
Premium Middle East
second child was named May. What was the third child’s name? 2. A clerk at a butcher shop stands five feet ten inches tall and wears size 13 sneakers. What does he weigh? 3. Before Mt. Everest was discovered‚ what was the highest mountain in the world? 4. How much dirt is there in a hole that measures two feet by three feet by four feet? 5. What word in the English language is always spelled incorrectly? 6. Billie was born on December 28th‚ yet her birthday always falls in the summer. How is this possible
Premium Egg yolk Egg Egg white
Statement of Cash Flows Preview of Chapter Usefulness and Format Usefulness of the Statement of Cash Flows Provides information to help assess: 1. Entity’s ability to generate future cash flows. 2. Entity’s ability to pay dividends and obligations. 3. Reasons for difference between net income and net cash provided (used) by operating activities. 4. Cash investing and financing transactions during the period. SO 1 Indicate the usefulness of the statement of cash flows. Usefulness
Premium Balance sheet Generally Accepted Accounting Principles Cash flow statement
According to Analects‚ what is the basis of good government? According to Analects‚ good government should follow some basic principles to ensure its success and rulers should have certain qualities in order to win the love‚ loyalty and support of their subjects. Hence the true meaning of good government should be concerned with establishing a strong rapport between those who rule and those who are being ruled to improve society. The improvement of society cannot happen if the ruler
Premium Virtue Piety
Essay 10: The Biological Basis of Memory How does the brain form and retain memories? This question has fascinated people from all walks of life from time immemorial. Although scientists have discovered a tremendous amount about brain function over the past century‚ the biological basis of memory largely remains a mystery. Part of the problem‚ however‚ is the nature of the question itself. This leads to a more basic question: what does the term memory really mean? In the scientific realm
Premium Psychology DNA Genetics
Accrual Method Checkpoint October 2‚ 2011 HSM/260 In a nonprofit organization it is important to make sure we are utilizing the best accounting system for our organization. Organizations that are non-profit are expected to provide financial statements that are based upon the accrual method of accounting. The accrual method of accounting differs from cash basis accounting. In the accrual method‚ income is recognized when services are rendered (Kokemuller‚ 2013)
Premium Non-profit organization Voluntary association Generally Accepted Accounting Principles