Business, 16.04.2020 00:10 bsimon0129
Daniels Corporation is considering the purchase of new equipment costing $30,000. The projected annual
after-tax net income from the equipment is $1,200, after deducting $10,000 for depreciation. The revenue
is to be received at the end of each year. The machine has a useful life of 3 years and no salvage value.
Daniels requires a 12% return on its investments. The present value of an annuity of 1 for different
periods follows:
What is the net
present value of
the machine?
A. $24,018.
B. $(3,100).
C. $30,000.
D. $26,900.
E. $(29,520)
Answers: 1
Business, 23.06.2019 01:00, addi92
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Answers: 2
Business, 23.06.2019 03:20, james169196
With only a part-time job and the need for a professional wardrobe, rachel quickly maxed out her credit card the summer after graduation. with her first full-time paycheck in august, she vowed to pay $270 each month toward paying down her $8 comma 368 outstanding balance and not to use the card. the card has an annual interest rate of 18 percent. how long will it take rachel to pay for her wardrobe? should she shop for a new card? why or why not?
Answers: 2
Daniels Corporation is considering the purchase of new equipment costing $30,000. The projected annu...
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