The equipment is expected to produce $240,000 in cash inflows and $160,000 in cash outflows annually. The company uses straight-line depreciation, and has a 40% tax rate. Determine the annual estimated net income and net cash inflow. Problem D Span Fruit Company has used relevance in accounting a particular canning machine for several years. The company is considering buying a technologically improved machine at a cost of $232,000.

## EXERCISE 1–8 (LO Net Income, Shares Issued

Problem F Slow to Change Company has decided to computerize its accounting system. The company has two alternatives—it can lease a computer under a three-year contract or purchase a computer outright. Following are the asset, liability, and equity items of Dumont Inc. at January 31, 2015, after its first month of operations. The following list shows the various ways in which the accounting equation might be affected by financial transactions. You have also translated word sentences into algebraic equations and solved some word problems.

## Unit 2: Accounting Principles and Practices

Write a memorandum to your instructor summarizing the key points of the article. Be sure to include a copy of the article used for this assignment. Compute the net present value of each of the five proposals. Do you recommend replacing the old vans? Support your answer with computations and disregard all factors not related to the preceding data. Management currently has other opportunities that will yield 18%.

- If the company leases the trucks, the lease contract will run for six years.
- Management will not make any investment unless at least an 18% rate of return can be earned.
- Problem B Graham Company currently uses four machines to produce 400,000 units annually.
- Exercise B Zen Manufacturing Company is considering replacing a four-year-old machine with a new, advanced model.

## EXERCISE 1–12 (LO Correcting Financial Statements

Business decision case B Slick Company is considering a capital project involving a $225,000 investment in machinery and a $45,000 investment in working capital. The machine has an expected useful life of 10 years and no salvage value. The annual cash inflows (before taxes) are estimated at $90,000 with annual cash outflows (before taxes) of $30,000. The company uses straight-line depreciation.

Using the net present value method, show whether the company should sell the equipment. Prepare a schedule to support your conclusion. Calculate the net present value of out-of-pocket costs for the purchase alternative. Textbook content produced by OpenStax is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike License .

## NCERT Solutions For Class 10 Maths Chapter 9 Some Applications of Trigonometry Ex 9.1

Below are the December 31, 2023, year-end accounts balances for Mitch’s Architects Ltd. This is the business’s second year of operations. Now we’ll develop a strategy you can use to solve any word problem. This strategy will help you become successful with word problems. We’ll demonstrate the strategy as we solve the following problem.

If any of the items are not to be recorded, leave the row blank. Make sure you understand all the words and ideas. You may need to read the problem two or more times. If there are words you don’t understand, look them up in a dictionary or on the Internet. If we take control and believe we can be successful, we will be able to master word problems. The height or length of an object or the distance between two distinct excel accounting and bookkeeping objects can be determined with the help of trigonometric ratios.

Annual before-tax net cash inflow from the machine is expected to be $7,000. Calculate the unadjusted rate of return. Alternate problem A Mark’s Manufacturing Company is currently using three machines that it bought seven years ago to manufacture its product. Each machine produces 10,000 units annually.