Preston, Co., is considering acquiring a manufacturing plant. The purchase price is $1,100,000. The owners believe the
Question:
Requirement
1. Use the payback method to determine whether Preston should purchase this plant.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (15 reviews)
Req 1 Payback period Amount invested Expected an...View the full answer
Answered By
Aysha Ali
my name is ayesha ali. i have done my matriculation in science topics with a+ . then i got admission in the field of computer science and technology in punjab college, lahore. i have passed my final examination of college with a+ also. after that, i got admission in the biggest university of pakistan which is university of the punjab. i am studying business and information technology in my university. i always stand first in my class. i am very brilliant client. my experts always appreciate my work. my projects are very popular in my university because i always complete my work with extreme devotion. i have a great knowledge about all major science topics. science topics always remain my favorite topics. i am also a home expert. i teach many clients at my home ranging from pre-school level to university level. my clients always show excellent result. i am expert in writing essays, reports, speeches, researches and all type of projects. i also have a vast knowledge about business, marketing, cost accounting and finance. i am also expert in making presentations on powerpoint and microsoft word. if you need any sort of help in any topic, please dont hesitate to consult with me. i will provide you the best work at a very reasonable price. i am quality oriented and i have 5 year experience in the following field.
matriculation in science topics; inter in computer science; bachelors in business and information technology
_embed src=http://www.clocklink.com/clocks/0018-orange.swf?timezone=usa_albany& width=200 height=200 wmode=transparent type=application/x-shockwave-flash_
4.40+
11+ Reviews
14+ Question Solved
Related Book For
Financial and Managerial Accounting
ISBN: 978-0132497978
3rd Edition
Authors: Horngren, Harrison, Oliver
Question Posted:
Students also viewed these Accounting questions
-
Preston Co. is considering acquiring a manufacturing plant. The purchase price is $ 1,100,000. The owners believe the plant will generate net cash inflows of $ 297,000 annually. It will have to be...
-
A manufacturing company is considering acquiring a new injection-molding machine at I cost of $120,000. Because of a rapid change in product mix, the need for this particular machine is expected to...
-
The B.C. Port Authority is considering acquiring a new ferry at a cost of $122 million. Equal payments are to be made annually over 40 years and the implied interest rate is 5%. Required: (a)...
-
trade on the common stock of Taz, Inc. that have a strike price of $ 51.00 and a premium of $ 1.00 . In each of the next four parts, calculate the net profit (or loss) on the option position. Note:...
-
Susan and Erin operate a spa as partners and share profits and losses equally. Their business has been more successful than they expected and is operating profitably. Erin works hard to maximize...
-
Suppose a new employer is also relocating to Lampard City and will be attracting many new people who will want to buy new houses. Assume that the change in licensing requirements mentioned in...
-
An expression for the value of \(c_{p}\) for carbon dioxide as a function of temperature is \[ c_{p}=286-\frac{1.15 \times 10^{5}}{T}+\frac{2.49 \times 10^{6}}{T^{2}} \] where \(c_{p}\) is in...
-
Given the following selected account balances of Delray Mfg. prepare its schedule of cost of goods manufactured for the year ended December 31, 2015. Include a listing of the individual overhead...
-
Given a Latitude of 30d North and a longitude of 120d West and using the WGS-84, determine the {X,Y, Z} coordinates. 1. Find the flattening and eccentricity 2. Calculate N(a) 3. Calculate X 4....
-
Complete Keith's tax return including all required schedules and forms using prince edward island as province, using the fillable forms package. Taxpayers Information Taxpayer #1 Name: Keith Dox...
-
You have just started a business and want your new employees to be well informed about capital budgeting. Requirement 1. Match each definition with its capital budgeting method. METHODS 1. Rate of...
-
Robinson Hardware is adding a new product line that will require an investment of $1,454,000. Managers estimate that this investment will have a 10-year life and generate net cash inflows of $300,000...
-
Heat transfer from a 70 F kitchen to a block of 3 lbm ice at 15 F melts it to liquid at 50 F. Find the entropy generation.
-
There can generally be up to five main instrument types within any entity structure: Secured Debt Tokens Shares Subordinated Debt Hybrids. Order these instruments from 1 to 5 in terms of capital...
-
Because of the current poor economic environment, ABC Company's recent performance has suffered. For the current year, the sales director has decided to extend the credit terms of their customers...
-
In the wake of the COVID-19 pandemic, a variety of criminal justice related issues have emerged. For instance: domestic violence is up; hate crimes against Asian Americans are up; rates of alcohol...
-
What is a hook or grabber? Provide examples and explain why they are useful?
-
Maximum margin example i. p>=$2: 50% margin loan(brokerage can lend money which equals 50% of security) ii. $1.75
-
Selected accounts of Piotroski Properties, a real estate management firm, are shown below as of January 31, before any accounts have been adjusted. Piotroski Properties prepares monthly financial...
-
What is beacon marketing? What are digital wallets?
-
As in other vertebrates, individual zebrafish differ from one another along the shybold behavioral spectrum. In addition to other differences, bolder individuals tend to be more aggressive, whereas...
-
Using the data in BE4-4, enter the balances in T accounts, post the closing entries, and rule and balance the accounts.
-
Using the data in BE4-3, identify the accounts that would be included in a post-closing trial balance.
-
The steps in the accounting cycle are listed in random order below. List the steps in proper sequence, assuming no worksheet is prepared, by placing numbers 19 in the blank spaces. (a) _____ Prepare...
-
For each ordered pair, determine -6x+7y=2 7x-4y=6 a solution to the system of equations.
-
Review the meaning of the concepts or terms given in Key Terms and Concepts. Distinguish between a production department and a service department. Distinguish between a direct cost and an indirect...
-
What would you like the members of your learning community to know about your global health interests, perspectives, and life experiences? How will you prepare to listen and learn from others? Why...
Study smarter with the SolutionInn App