your firm is contemplating the purchase of a new $570,000 computer-based order entry system. the system will be depreciated straight-line to zero over its five-year life. it will be worth $86,000 at the end of that time. you will save $175,000 before taxes per year in order processing costs, and you will be able to reduce working capital by $111,000 (this is a one-time reduction). if the tax rate is 22 percent, what is the irr for this project? (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Answers
The IRR for the project is approximately 19.62%.
To calculate the IRR for this project, we need to find the cash flows for each year and then solve for the discount rate that makes the net present value (NPV) of those cash flows equal to zero.
The initial investment is the cost of the computer-based order entry system, which is $570,000.
For each of the next five years, the cash inflows are the annual savings in order processing costs, which are $175,000 before taxes. We need to adjust this for taxes by multiplying by (1 - tax rate), which gives us $136,500 per year.
At the end of the five years, there is an additional cash inflow from the sale of the system, which is $86,000.
In year 0, the cash outflow is $570,000. In years 1-5, the cash inflows are $136,500. In year 5, the cash inflow is $86,000.
Using a financial calculator we can calculate that the IRR for this project is approximately 19.62%. Therefore, the project appears to be a good investment, as the IRR exceeds the company's required rate of return.
To know more about rate of return:
https://brainly.com/question/24232401
#SPJ4
Related Questions
Robert wants to consolidate his credit card debts into one loan using the equity in his home. His house bas a market value of $210,000, and he has an outstanding mortgage loan balance of $160,000. How much can Robert borrow if the bank is willing to loan him 50 percent of the equity in his home?
please help
Answers
Subtract his balance of 160,000
Leaves you with 50,000
50% of 50,000= 25,000
Robert borrows if the bank is willing to loan him 50 percent of the equity in his home is 25,000.
What is a credit card?A credit card is said to be a type of plastic money that allows an individual to purchase goods on credit and pay back the amount later on some specified rate of interest being charged on it.
An outstanding mortgage loan is referred to as the amount which needs to be paid on the principal amount that is received on the loan for the asset given as a mortgage loan.
In order to calculate the borrowing amount
Take the value of the home = $210,000
Subtract the outstanding balance = 160,000
The reaming balance will be = 50,000
The bank offered 50% of 50,000 = 25,000. So the amount can be borrowed as $25,000.
Learn more about credit cards, here:
brainly.com/question/27350251
#SPJ2
YES Bank has developed unique product proposition extending the entire benefit of the advancement in the payments landscape to the customer's desktop by pioneering the introduction of the payments on the web. The platform provides online confirmation along with instant settlement for payments making cash flow forecasting easier and precise to the last minute. State the type of e- banking services highlighted in aforesaid case.
Answers
Answer:
Net banking
Explanation:
Net banking is also called internet banking or online banking. It is targeted at customers who prefer to do their transactions from the comfort of their home. Rather than coming to the bank to perform transactions.
Various types of transactions are available on the net banking platform such as bank statement, bill payments, money transfers, and even booking of fixed deposit.
YES Bank platform provides online confirmation along with instant settlement for payments making cash flow forecasting easier and precise to the last minute.
They are providing net banking services to their clients.
What do the graphs tell you about bolivia’s labor force? 75% of bolivians work in services about 1/3rd of bolivians work in agriculture few people in bolivia work in services more bolivians work in industry than in services
Answers
The graphs show that agriculture makes up a sizable component of Bolivia's labour force, which is also significantly represented in the services sector.
The graph shows that the services sector employs the largest proportion of Bolivia's labour force. This shows that the service sector is very important to the economy and employment of the nation. According to the graph, agriculture accounts for a sizable share of the labour force in Bolivia. This shows that agriculture is still a crucial industry for the nation's economy and way of life. The graph does not specify the precise percentage of Bolivians employed in the industrial sector. Because of this, we cannot draw the conclusion that industry employs a smaller number of people than services.
Learn more about Bolivia here:
https://brainly.com/question/12987083
#SPJ12
the answer is: B. about 1/3rd of bolivians work in agriculture
successful economic development projects ______ local cultural patterns.
Answers
Successful economic development projects should respect and consider local cultural patterns.
Culture plays a significant role in shaping societies, influencing people's values, beliefs, traditions, and ways of life. Ignoring or disregarding local cultural patterns in development projects can lead to ineffective outcomes, resistance from the local community, and unintended negative consequences.
To ensure success, economic development projects should align with and integrate into the local cultural context. This involves understanding and respecting local customs, traditions, and social structures. It may require adapting project design, implementation strategies, and communication approaches to accommodate local cultural practices. By doing so, projects can gain acceptance, enhance local ownership and participation, and foster sustainable development that is sensitive to the cultural fabric of the community.
Cultural sensitivity in economic development projects promotes social cohesion, community engagement, and long-term success.
Learn more about resistance here: brainly.com/question/32382284
#SPJ11
Which situation would most likely take place in a command economy?
A.
A worker is assigned to work in a government-owned refinery.
B.
Farmers grow just enough corn to eat throughout the year.
C.
Two car companies compete to make the cheapest electric car.
D.
A worker quits his job to start his own business.
Answers
Answer:
1.) C. two car companies compete to make the cheapest electric car
1.What is MONEY?
2.did MONEY help you?
pls ans im back
Answers
2. money helps with you being able to afford things. Money can get you a house, a tv, or even a phone.
when companies have overlapping sets of products and customers, a merger between the two can help: group of answer choices increase bargaining power with partners and vendors reduce competition all of the above gain economies of scale
Answers
A merger between companies with overlapping sets of products and customers can help them gain economies of scale. This means that by combining their resources, they can produce more efficiently and at a lower cost, which can lead to increased profitability.
A merger can increase the companies' bargaining power with partners and vendors. By combining their customer bases, they can negotiate better deals and discounts with suppliers, and potentially even secure exclusive contracts. Additionally, a merger can reduce competition in the market, giving the combined company a larger market share and more control over pricing. Therefore, the correct answer to your question is "all of the above."
Learn more about merger: https://brainly.com/question/29658588
#SPJ11
A government that wants to keep prices stable would most likely take which
action?
A. Eliminate employment programs for poor citizens
B. Reduce productivity to decrease the per capita GDP
C. Borrow money from foreign governments
o o
D. Decrease the money supply to slow the rate of inflation
Answers
Answer:
D
Explanation:
By decreasing the money supply you will naturally lower the rate of inflation. Assuming demand for the product remains the same over time you will see the prices for products stabilize as they no longer need to be adjusted for inflation.
Answer:
decrease the money supply is the right answer
Explanation:
With specific reference to the case study, describe some of the soft skills needed at university and in the workplace
Answers
Answer:
Soft skills are personal qualities and attributes that are not related to specific knowledge or technical skills, but rather to the way a person interacts with others and approaches tasks and challenges. Some examples of common soft skills that may be important at university and in the workplace include:
Communication skills: The ability to express oneself clearly and effectively, both in written and oral form, is important at university and in the workplace. This includes being able to listen actively and understand others' perspectives, as well as being able to articulate one's own ideas and opinions.
Collaboration skills: The ability to work well with others is important in both educational and professional settings. This includes being able to contribute effectively to group projects and discussions, as well as being able to resolve conflicts and negotiate solutions with others.
Problem-solving skills: The ability to think critically and creatively, and to come up with effective solutions to problems, is important in both academic and professional contexts. This includes being able to identify and analyze problems, generate and evaluate potential solutions, and implement and follow through on the chosen solution.
Time management skills: The ability to manage one's time effectively is important in both academic and professional settings. This includes being able to prioritize tasks, set and meet deadlines, and manage workload effectively.
Interpersonal skills: The ability to build and maintain positive relationships with others is important in both educational and professional contexts. This includes being able to work well with a diverse range of people, being able to empathize with others, and being able to handle difficult situations and conflicts in a professional manner.
Kela Corporation reports net income of $450,000 that includes depreciation expense of $70,000. Also, cash of $50,000 was borrowed on a 5-year note payable. Based on this data, total cash inflows from operating activities are:
Answers
Answer:
$520,000
Explanation:
Kela corporation reports a net income of $450,000
The depreciation is $70,000
A cash of $50,000 was borrowed on a 5-year note payable
Therefore, the total cash inflows from operating activities can be calculated as follows
= Net income+depreciation
= $450,000+$70,000
= $520,000
Hence the total cash inflow from operating activities is $520,000
7. Why do you think the graduation and retention rates for your selected colleges are displayed at the bottom of
the SAR? How might that information impact your college selection process?
Please I need help I speak little English
Answers
Answer:
It is on the bottom so you can compare the graduation and retention percentages all together and choose one together.
Explanation:
Because what if the college you want has low graduation rates, that would be bad for you, so by including it on the bottom, you calook at them all together and choose the best for you.
The graduation and retention rates are displayed at the bottom of the Students Aid Report in order to
The Students Aid Report refers to the document that gives a student the basic information that will be vital on knowing the eligibility for the Federal financial aid.The graduation rate is important as it helps the student to know the quality of the school. It is also vital as it helps the person in knowing the number of students who finish their degrees as at when due.With the graduation and retention rates for the colleges displayed at the bottom of the Students Aid Report, students can make right choices about the schools.In conclusion, with the above information, the student can then choose the best school that he believes will be good for him or her.
Read related link on:
https://brainly.com/question/21345677
What is the new law the American government enacted for promoting small businesses in the country?
O The Small Businesses Act of 1954.
O The Small Businesses Act of 1953.
O The Small Businesses Act of 1955.
O The Small Businesses Act of 1958.
Answers
Answer:
The Small Businesses Act of 1953.
Explanation:
In the United States of America, majority of the competitive landscape or business environment is made up of small business enterprise.
The Small Business Administration (SBA) is an agency of the federal government that is saddled with the responsibility of providing both managerial and financial assistance to small businesses in the United States of America.
The Small Businesses Act of 1953 was enacted as an Act of Congress on the 30th of July, 1953 by the Congress of the United States of America to create the Small Business Administration (SBA).
Hence, SBA was established in 1953 as an autonomous (independent) agency of the government of the United States of America to aid, counsel, assist and protect American entrepreneurs and to preserve small business institutions.
Generally, it is saddled with the responsibility of providing both managerial and financial assistance and counseling to small businesses in order to bolster the American economy.
The small business administration (SBA) serves as an intermediary between entrepreneurs and investors or creditors, so as to provide them with the necessary funds required to plan, start and grow their business.
Basically, SBA provides services such as entrepreneurial development, access to funds, advocacy and contracting to small businesses (entrepreneurs) in the United States of America.
In conclusion, the Small Businesses Act of 1953 was the new law the American government enacted for promoting small businesses in the country.
A fundamental analysis is reviewing a corporation's income statement. For the period, the company reported net sales of $10 million, cost of goods sold of $6 million, depreciation expense of $1 million, interest on long-term debt of $1 million, and income taxes of $500,000. With this information, the analyst knows that the company's cash flow from operations was
Answers
Answer:
the company's cash flow from operations was $2,500,000.
Explanation:
Calculation of cash flow from operations :
Net Sales $10,000,000
Less Cost of Goods Sold ($6,000,000)
Gross Profit $4,000,000
Less Expenses :
Depreciation expense ($1,000,000)
Interest on long-term debt ($1,000,000)
Income tax expenses ($500,000)
Operating Profit / (Loss) $1,500,000
Add Back Depreciation $1,000,000
Operating Cash flow $2,500,000
At which stage of the product life cycle are product sales always zero?
Answers
Answer:
Explanation:
Answer:
Introduction
Explanation:
The Product Life Cycle is a term used to refer to the lifespan of a product. Beginning from the introduction of the product to the market, the product grows into maturity and ultimately leads to the death/decline of the product.
There are four stages of the Product Life Cycle:
IntroductionGrowthMaturityDeclineThe stage in which the product sales are always zero is the introduction of the product to the market. When a product is introduced to the market, the product sales are always zero. It is after consumers become familiar with the product that its sales increase.
Therefore, the introduction stage is the correct answer.
shine-bright dish corp. has five different dish soaps, each has a different fragrance but they all do the same job of cleaning dishes. these products are all treated as a unit and have a similar marketing strategy. this group of products is an example of a
Answers
These products are all treated as a unit and have a similar marketing strategy. This group of products is an example of a Product Line.
A product line is a collection of connected goods that have a common function or advantage for the consumer. In order to increase overall sales volume, product lines are sometimes offered together under a single brand.
The five various dish soaps from Shine-Bright Dish Corp. all have the same cleaning ability, but their distinctive scents set them apart from one another. Customers can select from a range of different fragrances in Shine-product Bright's line while still receiving the same cleaning benefit.
This makes sure that clients have a variety of options, which can ultimately assist to boost overall sales.
Complete Question:
Shine-bright dish corp. has five different dish soaps, each has a different fragrance but they all do the same job of cleaning dishes. These products are all treated as a unit and have a similar marketing strategy. This group of products is an example of a __________.
To learn more about Product Line visit:
https://brainly.com/question/17272069
#SPJ4
on december 31 of the current year, polly corp. purchased 80% of the outstanding common stock of saxe inc. for $480,000. on the purchase date, the fair value of saxe's net assets equaled $500,000 and the fair value of the noncontrolling interests was determined to be $115,000. under the acquisition method, what amount should be reported as goodwill in the current year consolidated balance sheet?
Answers
Under the acquisition method, goodwill is calculated as the excess of the purchase price over the fair value of the identifiable net assets acquired.
In this scenario, Polly Corp. purchased 80% of the outstanding common stock of Saxe Inc. for $480,000. The fair value of Saxe's net assets equaled $500,000, and the fair value of the noncontrolling interests was determined to be $115,000.To calculate the amount of goodwill, we need to determine the fair value of the identifiable net assets acquired by subtracting the fair value of the noncontrolling interests from the fair value of Saxe's net assets:
Fair value of identifiable net assets = Fair value of Saxe's net assets - Fair value of noncontrolling interests
Fair value of identifiable net assets = $500,000 - $115,000
Fair value of identifiable net assets = $385,000
Next, we calculate the excess of the purchase price over the fair value of the identifiable net assets:
Goodwill = Purchase price - Fair value of identifiable net assets
Goodwill = $480,000 - $385,000
Goodwill = $95,000
Therefore, the amount to be reported as goodwill in the current year consolidated balance sheet is $95,000.
To know more about balance sheet, click here https://brainly.com/question/32166203
#SPJ11
Entrepreneurial mind frame permits the entrepreneur to see things in a very positive and optimistic light.True or false?
Answers
When an entrepreneur has a very positive and optimistic vision, he adjusts to the entrepreneurial mental framework (True)
The entrepreneurial mind frame is a term that refers to the human way of thinking that takes any situation in a very positive and optimistic way.
This mentality is characterized by seeing the positive factors in difficult situations or crises. On the other hand, it is a mind frame that allows the individual to take advantage of negative situations to devise innovative solutions.
Learn more in: https://brainly.com/question/14364667
What are the duties of a compensation and benefits manager? Choose the answer.
Question 10 options:
recruit, screen, interview, and place workers
oversee staff and plan, direct, and coordinate programs to enhance the knowledge and skills of an organization's employees
plan, develop, and oversee employee compensation programs
interpret and administer labor contracts regarding issues such as wages and salaries, healthcare, pensions, and union and management practices
Answers
Answer: recruit, screen, interview, and place worker
Explanation: Took the quiz today hope this is helpful!
What opportunities/advantages does contractionary monetary
policy here in the United States give APPLE INC in other countries?
Give specific examples in APPLE INC.
Answers
Contractionary monetary policy refers to the process of decreasing the money supply by increasing interest rates. This policy's aim is to curb inflation and slow down economic growth. Contractionary monetary policy could influence Apple's global operations in many ways.
Some of the opportunities/advantages are as follows:
Exchange rates may become favorable for Apple Export activities become more competitive The economy slows down, and inflation rates decrease1. Exchange rates may become favorable for Apple The contractionary monetary policy has a potential to raise the value of the US dollar, which means that companies such as Apple may benefit from this development.
For example, if there is a slowdown in the US economy, it would mean lower wages and production costs. This would help Apple cut production costs, which would improve profitability. Apple could use the saved costs to expand its global operations or invest in research and development, which would lead to the development of new products.
To know more about monetary visit:
https://brainly.com/question/28199887
#SPJ11
Which type of employee fraud is the most frequent? Question 48 options: A) Billing B) Expense reimbursement C) Skimming D) Non-cash E) Payroll
Answers
The type of employee fraud that is most frequent is Expense reimbursement fraud.
What leads to Expense reimbursement fraud?This refers to fraud or misappropriation that occurs when an employee overstates the amount of cash required to execute a business activity or that they have spent in executing an assignment for the company/ business.
Examples of business expense reimbursements are:
Please see the link below for more about Employee Fraud:
https://brainly.com/question/5355224
Evelyn enjoys drawing. Even though she has never had formal lessons, she is artistically gifted. Her artistic ability can be referred to as a(n) _____.
aptitude
hobby
job
skill
Answers
Answer:
i think its a hobby bc i put skill and it was wrong
Explanation:
The first step in pricing a service is to define the unit of service consumption.
A. True
B. False
Answers
Yes, the above statement is true. The first step in pricing a service is to define the unit of service consumption.
Defining the unit of service consumption is indeed the first step in pricing a service. This involves identifying the specific unit or measure that will be used to determine the price of the service. For example, in a hotel, the unit of service consumption could be a room night, while in a restaurant, it could be a meal or a drink. Once the unit of service consumption is defined, other factors can be considered, such as the cost of providing the service, the competitive landscape, and the value that the service provides to the customer. These factors can then be used to determine the final price that will be charged for the service.
To learn more about service consumption, click here:
https://brainly.com/question/30074623
#SPJ11
How does loadshedding affect consumers in South Africa?
Answers
Answer:
The load shedding break-out caught many unsuspecting South African households unaware as little to nothing had been announced about it. Businesses, especially petrol stations without any form of back-up energy were forced to close shop for close to five hours while others quickly cranked their generators to life just to keep the lights and the pumps on. Individual households were not spared either as they were also left in the darkness. The South African Insurance Association is acutely aware of the risks that comes with such intermittent power surges to household appliances.
Explanation:
Whereas productions are documents a student prepares especially for a portfolio, _____ represent a teacher's documentation of a student's progress, such as through notes or progress reports
Answers
Whereas productions are documents a student prepares especially for a portfolio, attestation represent a teacher's documentation of a student's progress, such as through notes or progress reports.
What is an attestation?Attestation is a statement that something exists or is true.
Attestations are records of a student's progress kept by a teacher or other responsible person. An instructor might, for example, write evaluation notes regarding a student's oral presentation and keep them in the portfolio.
Thus, the correct option is attestation.
Learn more about attestation
https://brainly.com/question/10825279
#SPJ1
Is the statement “the first day on a job is always easy” true?
Answers
Im gonna slap the person who told you that, Answer:
Pffttt ofc not its always hard the first day.
Good Explanation:
Your first day on the job can be intimidating, anxiety-inducing, nerve-wracking, and hopefully, you do good you know cause its a pain in the ####. So Don't underestimate any job buddy,
The answer is false btw.
The following information is for Alex Corp: Product X: Revenue $15.00 Variable Cost $2.50 Product Y: Revenue $25.00 Variable Cost $10.00 Total fixed costs $50,000 Assume the sales mix consists of one unit of Product X A. decrease B. stay the same C. increase D. will be greater than the original breakeven point
Answers
The sales mix for Alex Corp is expected to stay the same, option B.
Based on the given information, the sales mix for Alex Corp consists of one unit of Product X and its corresponding revenue and variable cost, as well as one unit of Product Y and its corresponding revenue and variable cost. The fixed costs for the company are also provided. The question asks about the impact on the sales mix.
To determine whether the sales mix will decrease, stay the same, increase, or be greater than the original breakeven point, we need to consider the contribution margin for each product. The contribution margin is calculated by subtracting the variable cost from the revenue.
For Product X, the contribution margin is $15.00 - $2.50 = $12.50.
For Product Y, the contribution margin is $25.00 - $10.00 = $15.00.
Since the sales mix consists of one unit of Product X and one unit of Product Y, the total contribution margin is $12.50 + $15.00 = $27.50.
To determine the breakeven point, we divide the total fixed costs by the contribution margin per unit:
Breakeven point = Total fixed costs / Contribution margin per unit
Breakeven point = $50,000 / $27.50 ≈ 1,818 units
Since the sales mix remains the same, the breakeven point will also remain the same. Therefore, the correct answer is B. The sales mix will stay the same.
Learn more about margin here:
https://brainly.com/question/15357689
#SPJ11
Pivile markets will always pronde foo fow public goods. Why? A. Because it is unlawiul for private firms to. provide public goods. B. Becase of the negative externaities associated with these goods. c. Because pitvate markets will never provide goods that thoy know the govemment could pro D. Hecause prwate markets will never provide goods at a price of zero, which is the efficient p E. Because the privale marginal cost of such goods is less than the social marginal cost.
Answers
The correct option regarding the statement "Private markets will always provide fewer public goods" is option E. Because the private marginal cost of such goods is less than the social marginal cost.
Public goods are the goods that are provided by the government or public authority for free or at a lower cost to the citizens of the nation. The primary objective of providing these goods is to ensure that the basic needs of every citizen are met. These goods include things such as basic healthcare, sanitation facilities, roads, street lights, public parks, and playgrounds.
The private marginal cost of such goods is less than the social marginal cost. It is the main reason that private markets will always provide fewer public goods. Private firms will always prefer goods that provide a high marginal benefit than those that provide low marginal benefits.
They would rather prefer goods that can maximize their profits than goods that can't. The marginal cost of these goods is often higher than the marginal benefit which makes it uneconomical for private firms to provide them.
To know more about this :
https://brainly.com/question/14923834
#SPJ11
the value of 4 + -3 take away negative 7 is
Answers
Answer:
-6
Explanation:
1-7 =-6
What accounts are affected. issued check $644 to pay for an advertisement
Answers
Answer:
Bank and Advertisement accounts
Explanation:
Journal entries
Advertisement A/c Dr $644
To Bank A/c $644
(Being advertisement expenses made by cheque)
Bank and Advertisement accounts are affected
Select the response that corrects the capitalization error in the sentence below. I live in Kentwood, louisiana. a. i b. kentwood c. Louisiana Please select the best answer from the choices provided A B C
Answers
Answer:
a) I
Explanation:
The letter I continues to be capitalized because it is the only single letter pronoun. Because the pronouns I and me have different uses, it's easy to distinguish between the two in terms of capitalization rules.