ACCT 346 Week 6 Quiz ( 2 Sets ) ================================================== ACCT 346 Week 7 Homework Assignment
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ACCT 346 Week 6 Quiz ( 2 Sets ) ================================================== ACCT 346 Week 7 Homework Assignment
For more course tutorials visit www . uophelp . com
1 . Gomez Corporation is considering two alternative investment proposals with the following data : a . How long is the payback period for Proposal X ? b . What is the accounting rate of return for Proposal Y ?
2 . You have been awarded a scholarship that will pay you $ 500 per semester at the end of each of the next 8 semesters that you earn a GPA of 3.5 or better . You are a very serious student and you anticipate receiving the scholarship every semester . Using a discount rate of 3 % per semester , which of the following is the correct calculation for determining the present value of the scholarship ? PLEASE STATE WHY YOU CHOSE THE ANSWER THAT YOU DID .
3 . Maersk Metal Stamping is analyzing a special investment project . The project will require the purchase of two machines for $ 30,000 and $ 8,000 ( both machines are required ). The total residual value at the end of the project is $ 1,500 . The project will generate cash inflows of $ 11,000 per year over its 8-year life . If Maersk requires a 6 % return , what is the net present value ( NPV ) of this project ? ( Use present value tables or Excel .)
4 . Hincapie Manufacturing is evaluating an investment in a new metal stamping machine costing $ 30,924 . Hincapie estimates that it