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Author Question: Marketable securities are purchased when excess cash is temporarily available and sold when cash is ... (Read 197 times)

gbarreiro

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on: Jul 10, 2018
Marketable securities are purchased when excess cash is temporarily available and sold when cash
  is needed.
 
  Indicate whether the statement is true or false

Question 2

Your company is considering the replacement of an old delivery van with a new one that is more
  efficient. The old van cost 40,000 when it was purchased 5 years ago.
 
  The old van is being
  depreciated using the simplified straight-line method over a useful life of 8 years. The old van
  could be sold today for 7,000. The new van has an invoice price of 80,000, and it will cost 6,000
  to modify the van to carry the company's products. Cost savings from use of the new van are
  expected to be 28,000 per year for 5 years, at which time the van will be sold for its estimated
  salvage value of 18,000. The new van will be depreciated using the simplified straight-line
  method over its 5-year useful life. The company's tax rate is 35. Working capital is expected to
  increase by 5,000 at the inception of the project, but this amount will be recaptured at the end of
  year five. What is the incremental free cash flow for year one?
  A) 24,220 B) 22,305 C) 18,875 D) 19,985
Foundations of Finance ¦ Keown, Petty, Martin ¦ 9th Edition
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Jsherida

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Reply #1 on: Jul 10, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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gbarreiro

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Reply 2 on: Jul 10, 2018
YES! Correct, THANKS for helping me on my review

epscape

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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