business

Question: Asaki Company accumulates the following data concerning a proposed capital investment: cash cost $220,000, net annual cash flows $40,000, present value factor of cash inflows for 10 years 5.65 (rounded). Determine the net present value, and indicate whether the investment should be made. Answer: 40,000*5.65 = 226,000226,000 – 220,000 = 6,000 Sourav GharaiI’m sourav, … Read more

Question: Presented below are selected transactions of Pale Force Company. Pale Force sells in large quantities to other companies and also sells its product in a small retail outlet. March 1 Sold merchandise on account to CC Company for $3,000, terms 2/10, n/30.March 3 CC Company returned merchandise worth $500 to Pale Force.March 9 Pale … Read more