ACCT 346 Managerial Accounting Course Project on Bravo Baking Company For more course tutorials visit
Question 6 . Question : ( TCO 9 ) Harry Corp buys equipment for $ 194,000 that will last for 9 years . The equipment will generate cash flows of $ 36,000 per year and will have no salvage value at the end of its life . Ignore taxes . Use 10 % required rate of return .
( a ) What is the Present Value ( PV ) of this investment ( at 10 %)?
( b ) What is the NET Present Value ( NPV ) of this investment Should you buy the equipment if you need 10 %?
( c ) What is the Internal Rate of Return ( IRR ) of this investment ? ( d ) What is the payback period ?
Comments : good !
Question 7 . Question : ( TCO 10 ) Tanya Corp sells its products on both credit and cash basis . Monthly sales are sold 20 % for cash , 80 % for credit . Credit sales are collected 65 % in the month of sale and 35 % the following month . Sales for the first quarter are BUDGETED as follows : January $ 300,000 ; February $ 200,000 ; March $ 300,000 .
Compute cash collections budgeted for February . How much cash was collected in the month ? -----------------------------------------------------------------------------
ACCT 346 Managerial Accounting Course Project on Bravo Baking Company For more course tutorials visit