This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Miami Marine Enterprises is evaluating the purchase of an elaborate hydraulic lift system for all of ... (Read 146 times)

maychende

  • Hero Member
  • *****
  • Posts: 556
on: Jan 5, 2020
Miami Marine Enterprises is evaluating the purchase of an elaborate hydraulic lift system for all of its locations to use for the boats brought in for repair.  The company has narrowed their choices down to two: the B14 Model and the F54 Model.  Financial data about the two choices follows:

​B14 ModelF54 Model
Investment $320,000 $240,000
Useful life (years)88
Estimated annual net cash inflows for useful life $75,000 $40,000
Residual value $30,000 $10,000
Depreciation methodStraight-lineStraight-line
Required rate of return14%10%


The present value of future cash inflows from the F54 Model is closest to
◦ $(21,930).
◦ $190,230.
◦ $218,070.
◦ $213,400.
Managerial Accounting, Canadian Edition ¦ Braun, Tietz, Pyper ¦ 2nd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by maychende on Jan 5, 2020

Li Jun

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jan 5, 2020
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.
Answer Preview
Only 64% of students answer this correctly


jace

  • Hero Member
  • *****
  • Posts: 541
Reply #2 on: Jan 5, 2020
Miami Marine Enterprises is evaluating the purchase of an elaborate hydraulic lift system for all of its locations to use for the boats brought in for repair.  The company has narrowed their choices down to two: the B14 Model and the F54 Model.  Financial data about the two choices follows:

​B14 ModelF54 Model
Investment $320,000 $240,000
Useful life (years)88
Estimated annual net cash inflows for useful life $75,000 $40,000
Residual value $30,000 $10,000
Depreciation methodStraight-lineStraight-line
Required rate of return14%10%


The present value of future cash inflows from the B14 Model is closest to
◦ $218,070.
◦ $410,655.
◦ $358,455.
◦ $38,455.


Ahnyah

  • Sr. Member
  • ****
  • Posts: 336
Reply #3 on: Jan 5, 2020
$358,455.


xclash

  • Hero Member
  • *****
  • Posts: 681
Reply #4 on: Jan 5, 2020
Miami Marine Enterprises is evaluating the purchase of an elaborate hydraulic lift system for all of its locations to use for the boats brought in for repair.  The company has narrowed their choices down to two: the B14 Model and the F54 Model.  Financial data about the two choices follows:

​B14 ModelF54 Model
Investment $320,000 $240,000
Useful life (years)88
Estimated annual net cash inflows for useful life $75,000 $40,000
Residual value $30,000 $10,000
Depreciation methodStraight-lineStraight-line
Required rate of return14%10%


Using the net present value model, which alternative should Miami Marine Enterprises select?
◦ The F54 Model should be selected.
◦ The B14 Model should be selected.
◦ Both investments should be selected.
◦ Neither investment should be selected.


joewallace

  • Sr. Member
  • ****
  • Posts: 337
Reply #5 on: Jan 5, 2020
The B14 Model should be selected.


« previous next »
 

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Diagram of an endomembrane system Diagram of an endomembrane system
Venous System Anatomy Venous System Anatomy
The cardiovascular system. The cardiovascular system.
The two-system view of the stress response. The two-system view of the stress response.
Petrissage to adductor and quadriceps muscles. Knead, lift, and squeeze muscle bellies. Petrissage to adductor and quadriceps muscles. Knead, lift, and squeeze muscle bellies.
Circular palmar petrissage back up the spine from buttocks to shoulders. Tissues lift as hands trace ... Circular palmar petrissage back up the spine from buttocks to shoulders. Tissues lift as hands trace ...
Video: Cytotoxic T cell receptors, activation, proliferation, differentiation & action

For a complete list of videos, visit our video library