Fargo North is considering the purchase of some new equipment costing $78,000. This equipment has a 2-year
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 57% (7 reviews)
Equipment value 78000 Useful life 2 years Interest rate 8 pa Depreciation pa 39000 Interest pa 6240 ...View the full answer
Answered By
Gauri Hendre
I worked as EI educator for Eduphy India YT channel. I gave online tutorials to the students who were living in the villages and wanted to study much more and were preparing for NEET, TET. I gave tutions for topics in Biotechnology. I am currently working as a tutor on course hero for the biochemistry, microbiology, biology, cell biology, genetics subjects. I worked as a project intern in BAIF where did analysis on diseases mainly genetic disorders in the bovine. I worked as a trainee in serum institute of India and Vasantdada sugar institute. I am working as a writer on Quora partner program from 2019. I writing on the topics on social health issues including current COVID-19 pandemic, different concepts in science discipline. I learned foreign languages such as german and french upto A1 level. I attended different conferences in the science discipline and did trainings in cognitive skills and personality development skills from Lila Poonawalla foundation. I have been the member of Lila poonawalla foundation since 2017. Even I acquired the skills like Excel spreadsheet, MS Office, MS Powerpoint and Data entry.
5.00+
4+ Reviews
10+ Question Solved
Related Book For
Financial Analysis with Microsoft Excel
ISBN: 978-1285432274
7th edition
Authors: Timothy R. Mayes, Todd M. Shank
Question Posted:
Students also viewed these Corporate Finance questions
-
Logue Lock Company expects its fixed costs next year to be $750,000. The selling price for its lock is $40. Logue is considering the purchase of some new equipment that is expected to reduce unit...
-
The head of the oncology department of FH Research Center is considering the purchase of some new equipment. The cost is $420,000, the economic life is 5 years, and there is no terminal disposal...
-
Julia currently is considering the purchase of some land to be held as an investment. She and the seller have agreed on a contract under which Julia would pay $ 1,000 per month for 60 months, or $...
-
Pop Corporation acquired 80 percent of Son Corporation's common stock on January 1, 2016, for $420,000 cash. The stockholders' equity of Son at this time consisted of $300,000 capital stock and...
-
Steam at 3 MPa and 400C enters an adiabatic nozzle steadily with a velocity of 40 m/s and leaves at 2.5 MPa and 300 m/s. Determine (a) The exit temperature and (b) The ratio of the inlet to exit area...
-
Abby consumes only apples. In year 1, red apples cost $1 each, green apples cost $2 each, and Abby buys 10 red apples. In year 2, red apples cost $2, green apples cost $1, and Abby buys 10 green...
-
Can an entrepreneur with an industrial strategy be opportunistic in his financing choices over time?
-
In a joint process, Sylvia's Styles produces precut fabrics for three products: dresses, jackets, and blouses. Joint cost is allocated on the basis of relative sales value at split-off. The company...
-
The two polygons below are similar. E D 60 S 60 R 120 12 5 Complete the similarity statement. M 0 120
-
A certain type of pressure transducer, designed to measure pressures in the range 0-10 bar, consists of a diaphragm with a strain gauge cemented to it to detect diaphragm deflections. The strain...
-
Falcon Inc. manufactures Product B, incurring variable costs of $15.00 per unit and fixed costs of $70,000. Carrigan desires a profit equal to a 12% rate of return on assets, $785,000 of assets are...
-
Federal security laws are based on the assumption that investors are knowledgeable enough to assess the quality of a stock so long as me issuer provides adequate disclosure Many states take a...
-
If P (A) = 0.2, P (B) = 0.5, and A and B are mutually exclusive, find P (A or B).
-
Tell me why Sellouts are important for a sport organization. List three key reasons that Sellouts take such a priority in the Ultimate Toolkit Philosophy.
-
GLOBAL MARKETING COMMUNICATIONS 1. EXEMPLIFY AND LINK "SOURCE ATTRACTIVENESS" TO GLOBAL MARKETING COMMUNICATIONS IN A COUPLE OF PARAGRAPHS INCLUDE A REFERENCE LINK IN APA 2. EXEMPLIFY AND LINK...
-
How do clearly provides a personal WHY STATEMENT reflecting your personal brand as a business management professional on Linked - clearly shows how you have demonstrated a GROWTH MINDSET with...
-
Charges 1-4 are placed one at a time in the presence of a potential due to a larger positive charge. Rank the electric potential energy due to the interaction of charges 1-4 individually with the...
-
Introduction: In your introduction, include why you chose Dream Diaper by Bambo Nature for this paper. What is the need? How does this product fill a market need? What is innovative about it? How is...
-
The following data are based on information in the 2018 annual report of Cracker Barrel Old Country Store. As of August 3, 2018, Cracker Barrel operated 655 restaurants and gift shops in 45 states....
-
Aztec Furnishings makes hand-crafted furniture for sale in its retail stores. The furniture maker has recently installed a new assembly process, including a new sander and polisher. With this new...
-
At December 31, 2010, Burr Corporation owes $500,000 on a note payable due February 15, 2011. (a) If Burr refinances the obligation by issuing a long-term note on February 14 and using the proceeds...
-
Sport Pro Magazine sold 12,000 annual subscriptions on August 1, 2010, for $18 each. Prepare Sport Pros August 1, 2010, journal entry and the December 31, 2010, annual adjusting entry.
-
Dillons Corporation made credit sales of $30,000 which are subject to 6% sales tax. The corporation also made cash sales which totaled $20,670 including the 6% sales tax. (a) Prepare the entry to...
-
Beacon Corporation issued a 7 percent stock dividend on 27,500 shares of its $9 par common stock. At the time of the dividend, the market value of the stock was $26 per share. Required: a. Compute...
-
$'000 $'000 $'000 $'000 $'000 Sales revenue 4,620 2,840 530 f 6,930 Less cost of goods sold Opening inventories 680 630 i 30 1,280 Add purchases 3,600 2,120 f 530 5,190 Less closing inventories 710...
-
Problem 5-25 (Algo) Changes In Fixed and Variable Costs; Break-Even and Target Profit Analysis [LO5-4, LO5-5, LO5-6] Neptune Company has developed a small inflatable toy that it is anxious to...
Study smarter with the SolutionInn App