subject
Business, 06.11.2020 08:40 allycoops666666

Reference: 14-6(Ignore income taxes in this problem.) The Finney Company is reviewing the possibility of remodeling one of its showrooms and buying some new equipment to improve sales operations. The remodeling would cost $120,000 now and the useful life of the project is10 years. Additional working capital needed immediately for this project would be$30,000; the working capital would be released for use elsewhere at the end of the 10-year period. The equipment and other materials used in the project would have a salvage value of $10,000 in 10 years. Finney's discount rate is 16%. What would the annual net cash inflows from this project haveto be in order to justify investing in remodeling?a. $14,495b. $35,842c. $16,147d. $29,158

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 01:00
Azster inc. recorded sales revenue for the year that ended december 31, 2014 as $67,000. interest revenue of $5,300 and expenses of $14,000 were also recorded for the same period. what is aster’s net profit or loss?
Answers: 3
question
Business, 22.06.2019 03:00
Match each item to check for while reconciling a bank account with the document to which it relates. (there's not just one answer) 1. balancing account statement 2. balancing check register a. nsf fees b. deposits in transit c. interest earned d. bank errors
Answers: 3
question
Business, 22.06.2019 11:20
Which stage of group development involves members introducing themselves to each other?
Answers: 3
question
Business, 22.06.2019 11:40
Select the correct answer. which is a benefit of planning for your future career? a.being less prepared after high school. b.having higher tuition in college. c.earning college credits in high school. d.ruining your chances of having a successful career.
Answers: 2
You know the right answer?
Reference: 14-6(Ignore income taxes in this problem.) The Finney Company is reviewing the possibilit...
Questions
question
Mathematics, 15.01.2021 22:00
question
Biology, 15.01.2021 22:00
question
Mathematics, 15.01.2021 22:00
question
Medicine, 15.01.2021 22:00
question
Mathematics, 15.01.2021 22:00
Questions on the website: 13722363