Alpha Geek

(8)

$10/per page/Negotiable

About Alpha Geek

Levels Tought:
University

Expertise:
Accounting,Algebra See all
Accounting,Algebra,Architecture and Design,Art & Design,Biology,Business & Finance,Calculus,Chemistry,Communications,Computer Science,Environmental science,Essay writing,Programming,Social Science,Statistics Hide all
Teaching Since: Apr 2017
Last Sign in: 438 Weeks Ago, 6 Days Ago
Questions Answered: 9562
Tutorials Posted: 9559

Education

  • bachelor in business administration
    Polytechnic State University Sanluis
    Jan-2006 - Nov-2010

  • CPA
    Polytechnic State University
    Jan-2012 - Nov-2016

Experience

  • Professor
    Harvard Square Academy (HS2)
    Mar-2012 - Present

Category > Business & Finance Posted 07 May 2017 My Price 4.00

Janes, Inc., is considering the purchase of a machine

 

Janes, Inc., is considering the purchase of a machine that would cost $430,000 and would last for 6 years, at the end of which, the machine would have a salvage value of $47,000. The machine would reduce labor and other costs by $109,000 per year. Additional working capital of $4,000 would be needed immediately, all of which would be recovered at the end of 6 years. The company requires a minimum pretax return of 17% on all investment projects.

Required: Determine the net present value of the project. Show your work!

 
 

Answers

Alpha Geek
(8)
Status NEW Posted 07 May 2017 11:05 AM My Price 4.00

-----------

Attachments

file 1494156780-Answer.docx preview (134 words )
J-----------ane-----------s, -----------Inc-----------., -----------is -----------con-----------sid-----------eri-----------ng -----------the----------- pu-----------rch-----------ase----------- of----------- a -----------mac-----------hin-----------e t-----------hat----------- wo-----------uld----------- co-----------st -----------$43-----------0,0-----------00 -----------and----------- wo-----------uld----------- la-----------st -----------for----------- 6 -----------yea-----------rs,----------- at----------- th-----------e e-----------nd -----------of -----------whi-----------ch,----------- th-----------e m-----------ach-----------ine----------- wo-----------uld----------- ha-----------ve -----------a s-----------alv-----------age----------- va-----------lue----------- of----------- $4-----------7,0-----------00.----------- Th-----------e m-----------ach-----------ine----------- wo-----------uld----------- re-----------duc-----------e l-----------abo-----------r a-----------nd -----------oth-----------er -----------cos-----------ts -----------by -----------$10-----------9,0-----------00 -----------per----------- ye-----------ar.----------- Ad-----------dit-----------ion-----------al -----------wor-----------kin-----------g c-----------api-----------tal----------- of----------- $4-----------,00-----------0 w-----------oul-----------d b-----------e n-----------eed-----------ed -----------imm-----------edi-----------ate-----------ly,----------- al-----------l o-----------f w-----------hic-----------h w-----------oul-----------d b-----------e r-----------eco-----------ver-----------ed -----------at -----------the----------- en-----------d o-----------f 6----------- ye-----------ars-----------. T-----------he -----------com-----------pan-----------y r-----------equ-----------ire-----------s a----------- mi-----------nim-----------um -----------pre-----------tax----------- re-----------tur-----------n o-----------f 1-----------7% -----------on -----------all-----------
Not Rated(0)