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 36 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
Wow, this really help

gcook

  • Member
  • Posts: 343
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

The roles of transpiration, cohesion, adhesion, and tension in long-distance water transport. The roles of transpiration, cohesion, adhesion, and tension in long-distance water transport.
The small intestine. Anterior view of the abdominopelvic cavity illustrating how the three sections The small intestine. Anterior view of the abdominopelvic cavity illustrating how the three sections
(A) Dornier Compact Delta® lithotripsy system. Acoustic shock waves generated by the shock-wave-gene (A) Dornier Compact Delta® lithotripsy system. Acoustic shock waves generated by the shock-wave-gene
Properties of Water Properties of Water
Two wells are filled with the same antigen, and when they diffuse to the antibody, they make a line ... Two wells are filled with the same antigen, and when they diffuse to the antibody, they make a line ...
Jia's Fashions recently paid a $2 annual dividend. The company is projecting that its ... Jia's Fashions recently paid a $2 annual dividend. The company is projecting that its ...
Video: Stomach peristalsis & Enterogastric reflex

For a complete list of videos, visit our video library