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

Author Question: Forise Water Company drills small commercial water wells. The company is in the process of analyzing ... (Read 73 times)

CORALGRILL2014

  • Hero Member
  • *****
  • Posts: 525
on: Mar 6, 2021
Forise Water Company drills small commercial water wells. The company is in the process of analyzing the purchase of a new drill. Information on the proposal is provided below.
 Initial investment:
Asset$700,000
Working capital$188,000
 Operations (per year for four years):
Cash receipts$530,000
Cash expenditures$240,000
 Disinvestment:
Salvage value of drill (existing)$120,000
Discount rate18%

What is the net present value of the investment? Assume there is no recovery of working capital.
◦ -$188,000
◦ $12,100
◦ $290,000
◦ $200,100
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by CORALGRILL2014 on Mar 6, 2021

Ksanderson1296

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Mar 6, 2021
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 49% of students answer this correctly


CORALGRILL2014

  • Member
  • Posts: 525
Reply 2 on: Mar 6, 2021
:D TYSM

peter

  • Member
  • Posts: 330
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Hand Washing Using Soap and Water Hand Washing Using Soap and Water
During drought years on the Galapagos, small, easily eaten seeds become rare, le During drought years on the Galapagos, small, easily eaten seeds become rare, le
The process of learning to read involves physical and socioemotional development, changes in the ... The process of learning to read involves physical and socioemotional development, changes in the ...
The small intestine. The small intestine.
Sodium has a strong reaction to water Sodium has a strong reaction to water
A tsunami (tidal wave) traveling across deep water can have a speed of 750 km/h k m / h and a ... A tsunami (tidal wave) traveling across deep water can have a speed of 750 km/h k m / h and a ...
Video: Mechanisms of capillary exchange

For a complete list of videos, visit our video library