Crane Corp. did some further research and found one other possible machine that would produce the...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Crane Corp. did some further research and found one other possible machine that would produce the same type of production efficiencies. The information regarding Machine C is below: Machine C Original cost $256,600 Estimated life 10 years Salvage value $29,800 Estimated annual cash inflows $45,400 Estimated annual cash outflows $10,100 Calculate the net present value and profitability index for Machine C. Use an 8% discount rate. (Round present value factor calculations to 5 decimal places, eg. 1.25124 and the final answer to 2 decimal places eg. 589.71. Enter negative amounts using either a negative sign preceding the number eg. -45.35 or parentheses eg. (45.35).) Net present value $ Profitability index Crane Corp. did some further research and found one other possible machine that would produce the same type of production efficiencies. The information regarding Machine C is below: Machine C Original cost $256,600 Estimated life 10 years Salvage value $29,800 Estimated annual cash inflows $45,400 Estimated annual cash outflows $10,100 Calculate the net present value and profitability index for Machine C. Use an 8% discount rate. (Round present value factor calculations to 5 decimal places, eg. 1.25124 and the final answer to 2 decimal places eg. 589.71. Enter negative amounts using either a negative sign preceding the number eg. -45.35 or parentheses eg. (45.35).) Net present value $ Profitability index
Expert Answer:
Posted Date:
Students also viewed these accounting questions
-
A stock was trading at $20.65 at the end of year 1.It was trading at the end of year 2 at $20.98 immediately after giving a dividend of $0.22.At the end of year 3. it was trading at $20.34...
-
Discuss , presentism vs. historicism. What are the pros and cons of each? How does classifying history from this lens impede or progress psychology as a field/science? Considering a multicultural...
-
Reimbursement per Case: $4,914 Number of Errors: 47 Discharges: 210 Cases with Errors Increasing Reimbursement: 27 Cases with Errors Decreasing Reimbursement: 20 how much and what percent with cases...
-
Miami Tropical stock has a beta of 1.25. The risk-free rate of return is 4.34 percent and the market risk premium is 9.02 percent. What is the expected rate of return on this stock? 10.23 percent...
-
What is aging of accounts receivable?
-
Determine the quality of steam for the following cases: (a) \(p=10\) bar, \(v=0.180 \mathrm{~m}^{3} / \mathrm{kg}\) (b) \(p=10\) bar, \(t=200^{\circ} \mathrm{C}\) (c) \(p=25\) bar, \(h=2750...
-
Compute standard manufacturing overhead rates (Learning Objective 3) Fresh-Cut processes bags of organic frozen vegetables sold at specialty grocery stores. Fresh-Cut allocates manufacturing overhead...
-
Westinghouse and General Electric are competing on the newest version of clothes washer and dryer combinations. Two pricing strategies exist: price high or price low. The profit from each of the four...
-
\f
-
Aravind started a taxi company three months back with three cars and three drivers for these cars. All three cars are linked to a web - based cab aggregator portal. Driver Kumar likes to start his...
-
You will need to visit a service-oriented storefront - a fast food establishment works well. For example, Tim Hortons, Starbucks, Pizza Pizza, etc. You will want to choose an establishment that is...
-
The system is released from rest and P moves upward with an acceleration of 4 m/s. cable G B E cable H A C P Part A Determine the direction and the magnitude of the acceleration of A. Enter your...
-
The average price of a gallon of gas in 2018 increased $0.30 (12.4 percent) from $2.42 in 2017 to $2.72 in 2018. Required: 1. Conduct a horizontal analysis by calculating the year-over-year changes...
-
The world today provides many examples of the kind of empirical moral diversity that informs the cultural relativist position on human rights. Should recognizing this fact logically compel us to...
-
What is the payout ratio for a firm with EPS (earnings per share) of $2.50 and dividend per share of $2.00?
-
The is the blueprint for collecting data that fulfills objectives and answers questions
-
Use the following data to answer the next two (2) questions: Product 1 Product 2 Product 3 Direct Material Cost $25,000 $30,000 $35,000 Direct Labor Cost $30,000 $40,000 $50,000 Direct Labor Hours...
-
A lumber distributor is loading pallets onto trucks with the intention of using the fewest trucks possible to send a shipment. The distributor loads the pallets with the greatest length that will fit...
-
A traveler wants to visit five cities by airplane. The traveler lists all the possible orders in which the cities can be visited then calculates the best airfare for each itinerary and selects the...
-
Graph 17, vertex \(a\) List all the distinct Hamilton cycles beginning at the given vertex in the given graph. Indicate which pairs of Hamilton cycles are reverses of each other. 9.3 1.5 13.3 5.2 8.7...
Study smarter with the SolutionInn App