Carsen Sorensen, controller of Thayn Company, just received the following data associated with production of a new product: 1. Expected annual revenues: $750,000. 2. Projected product life cycle: five years. 3. Equipment: $800,000 with a salvage value of $100,000 after five years. 4. Expected increase in working capital: $100,000 (recoverable at the end of five years). 5. Annual cash operating expenses: estimated at $450,000. 6. Required rate of return: 8 percent. Required:.1. Estimate the annual cash flows for the new product. 2. Using the estimated annual cash flows, calculate the NPV 3. What if revenues were overestimated by $15D,000?

Achecklists should be based on past

On january 1, 2017, fisher corporation purchased 40 percent (90,000 shares) of the common stock of bowden, inc. for $980,000 in cash and began to use the equity method for the investment. the price paid represented a $48,000 payment in excess of the book value of fisher's share of bowden's underlying net assets. fisher was willing to make this extra payment because of a recently developed patent held by bowden with a 15-year remaining life. all other assets were considered appropriately valued on bowden's books. bowden declares and pays a $90,000 cash dividend to its stockholders each year on september 15. bowden reported net income of $400,000 in 2017 and $348,000 in 2018. each income figure was earned evenly throughout its respective year. on july 1, 2018, fisher sold 10 percent (22,500 shares) of bowden's outstanding shares for $338,000 in cash. although it sold this interest, fisher maintained the ability to significantly influence bowden's decision-making process. prepare the journal entries for fisher for the years of 2017 and 2018. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. do not round intermediate calculations. round your final answers to the nearest whole dollar.)

On january 1, eastern college received $1,350,000 from its students for the spring semester that it recorded in unearned tuition and fees. the term spans four months beginning on january 2 and the college spreads the revenue evenly over the months of the term. assuming the college prepares adjustments monthly, what amount of tuition revenue should the college recognize on february 28?