FIN 571 Week 1 Connect Problems ( Math and Accounting
Review )
at the end of Year 4 for an estimated net cash amount of $ 3,300 . What is the net present value of this project if the required rate of return is 11.3 percent ? 45 . Down Under Boomerang , Inc ., is considering a new three-year expansion project that requires an initial fixed asset investment of $ 2.73 million . The fixed asset will be depreciated straight-line to zero over its three-year tax life , after which it will be worthless . The project is estimated to generate $ 2,090,000 in annual sales , with costs of $ 785,000 . The tax rate is 30 percent and the required return is 13 percent . What is the project ’ s NPV ? *************************************************************************************
FIN 571 Week 1 Connect Problems ( Math and Accounting
Review )
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FIN 571 Week 1 Connect Problems ( Math & Accounting Review ) 1 . Functions Excel will make your life as a finance student much easier . This section will show how to use various functions in Excel . Once you understand the how and why of a particular financial equation , you can make 1 . Which Excel cell entry will calculate the square root of 165 ? 2 . Which statements about Excel ’ s FV function are correct ? 3 . Which fields are required to calculate net present value ( NPV ) in Excel ? 4 . Which Excel function is used to calculate the amount of each annuity payment ? 5 . Which fields are required to calculate the rate of return ( RATE ) for a present value calculation in Excel ? 2 . The Balance Sheet This lesson will help you refresh your knowledge on the basics of the balance sheet . Brushing up on these concepts now will help you tackle your finance coursework later . General Ledger for XYZ Company . The following is a portion of the general ledger for XYZ Company as of December 31 , 20X1 , and the statement of stockholders ’ equity for XYZ Company for the year ended December 31 , 20X1 . Use this information to answer questions ( 1 ) through ( 5 ).