Homework Help is Here – Start Your Trial Now!
Business
Accounting
Moates Corporation has provided the following data concerning an investment project that it is considering: $ 400,000 $ 130,000 per year Initial investment Annual cash flow Expected life of the project Discount rate 4 years 9% Click here to view Exhibit 14B-1 and Exhibit 14B-2, to determine the appropriate discount factor(s) using the tables provided. The net present value of the project is closest to: (Round your intermediate calculations and final answer to the nearest whole dollar amount.) Multiple Choice $400,000 $21070 1 of 5 Next

Moates Corporation has provided the following data concerning an investment project that it is considering: $ 400,000 $ 130,000 per year Initial investment Annual cash flow Expected life of the project Discount rate 4 years 9% Click here to view Exhibit 14B-1 and Exhibit 14B-2, to determine the appropriate discount factor(s) using the tables provided. The net present value of the project is closest to: (Round your intermediate calculations and final answer to the nearest whole dollar amount.) Multiple Choice $400,000 $21070 1 of 5 Next

Cornerstones of Cost Management (Cornerstones Series)
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter19: Capital Investment
Section: Chapter Questions
Problem 22E
See similar textbooks
icon
Related questions
Question
Jiz Saved Help Save Moates Corporation has provided the following data concerning an investment project that it is considering: $ 400,000 $ 130,000 per year Initial investment Annual cash flow Expected life of the project 4 years Discount rate 9% Click here to view Exhibit 14B-1 and Exhibit 14B-2, to determine the appropriate discount factor(s) using the tables provided. The net present value of the project is closest to: (Round your intermediate calculations and final answer to the nearest whole dollar amount.) Multiple Choice $400,000 $71070 ... Prev 1 of 5 Next > to search Jer
Transcribed Image Text:Jiz Saved Help Save Moates Corporation has provided the following data concerning an investment project that it is considering: $ 400,000 $ 130,000 per year Initial investment Annual cash flow Expected life of the project 4 years Discount rate 9% Click here to view Exhibit 14B-1 and Exhibit 14B-2, to determine the appropriate discount factor(s) using the tables provided. The net present value of the project is closest to: (Round your intermediate calculations and final answer to the nearest whole dollar amount.) Multiple Choice $400,000 $71070 ... Prev 1 of 5 Next > to search Jer
EXHIBIT 14B-1 1. Present Value of $1; (1+r)" Periods 4% 5% 6% 7% 8% 9% 10% 11% 12% 13% 14% 16% 0.962 0.952 0.943 0.9350.926 0.917 0.909 0.901| 0.893 0.885 0.877 0.870 0.862 15% 17% 18% 19% 20% 21% 22% 23% 24% 25% 1 0.855 0.847 0.840 0.833 0.826 0.820 0.813 0.806 0.800 2 0.925 0.907 0.890 0.873 0.857 0.842 0.826 0.812 0.797 0.7830.769 0.756 0.743 0.731 0.718 0.706 0.694 0.683 0.672 0.661 0.650 0.640 3 0.889 0.864 | 0.840 0.816 0.794 0.772 0.751 0.731 0.712 0.693 0.675 0.658 0.624 0.609 0.593 0.579 0.564 0.551 0.641 | 0.552 0.534 0.516 0.499 0.482 0.467 0.451 0.537 0.524 0,512 4 0.763 0.735 0.708 0.683 0.659 0.636 0.613 0.592 0.572 0.713 0.681 0.650 0.621 0.593 0.567 0.543 0,519 0.497 0.476 0.456 0.437 0.419 0.402 0.386 0.370 0.355 0.341 0328 0.666 0.855 0.823 0.792 0.822 0.784 0.747 0.437 0.4230.410 0.790 0.746 0.705 0.630 0.596 0.564 0.535 0.507 0.480 0.456 0.432 0.583 0.547 0.513 0.482 0.452 0.425 0.400 0.376 0,540 0.502 0.467 0.434 0.410 0.390 0.354 0.333 0.314 0.296 0.279 0.263 0.305 0.285 0.370 0.352 0.335 0.319 0.289 0.275 0.262 0.303 0 0.249 0.235 0.222 0.210 0.204 0.191 0.167 0.155 0.144 0.711 | 0.665 0.731 0.703 0.676 0.614 0.650 0.585 0.527 0.627 0.582 0.645 0.592 0.544 0.500 0.558 0.508 0.463 0.677 0.467 0.434 0.404 0.376 0.351 0.327 0.308 0.284 0.266 0.249 | 0.233 | 0.218 0.179 | 0.168 9 0.460 0.424 0.391 0.361 0.422 0.386 0.352 0.322 0.295 0.270 0.317 0.287 0.261 0.237 0.263 0.243 0.225 0.209 0.194 0.227 0.208 0.191 0.176 0.162 0.195 0.178 0.162 0.148 0.180 0.134 10 0.247 0.215 0.187 0.229 0.204 0.182 0.163 0.145 0.130 0.116 0.141 0.162 0.137 0.149 0.135 0.123 0.112 0.107 0.094 0.086 0.076 | 0.069 0.068 0.061 0.055 0.055 0.049 0.044 0.126 0.116 11 0.475 0.388 0.350 0.429 0.135 0,103 0.557 0.497 0.444 0.397 0.356 0.368 0.326 12 0.625 0.319 0.286 | 0.257 0.231 | 0.208 0.168 0.152 0.137 0.124 0.102 | 0.092 0.084 0.075 0.062 0.083 0.601 0.5300.469 0.415 0.577 0.505 0.555 0.534 0.458 13 0.104 0.093 0.078 0.065 0.054 0.442 0.388 0.340 0.362 14 0.232 0.205 0.181 0.160 0.183 0.160 0.140 0.299 0.263 0.275 0.239 0.125 0.108 0.111 0.099 0.088 0.069 15 0.481 0.315 0.339 0.292 0.252 0.218 0.371| 0.317 0.270 | 0.231 0.198 0.417 0.074 0.095 0.081 0.209 0.084 0.123 0.141 0.123 0.107 0.057 0.051 0.045 0.040 0.035 16 0.394 0.163 0.170 0.146 0.153 0.130 0.138 0.188 0.093 0.071 0.062 0.047 0.042 0.036 0.032 0.028 17 0.513 0.436 0.125 0.108 0.080 0.069 0.060 0.052 | 0.045 0.039 0.034 0.030 0.026 0.023 0.024 0.021 0.018 0.017 0.093 0.494 0.416 0.350 0.296 0.250 | 0.212 0.180 0.475 0.396 F0.456 0.095 0.083 0.073 0.061 0.093 0.077 0.064 0.053 0.068 0056 0.046 0.038 0.037 | 0.031 0.031 0.026 0.022 0.022 | 0.018 0.018 0.015 18 0.111 0.059 0.051 0.044 0.032 | 0.028 0.027 0.023 0.081 0.069 19 0.331 0.277 0.232 0.194 0.164 0.116 0.098 0.060 0.051 0.044 0.037 0.031 0.038 0.033 0.051 0.043 0.043 0.037 0.070 0.020 0.014 20 0.377 0.215 0.178 0.149 0.087 0.312 0.294 0.258 0.124 0.104 0.016 | 0.014 0.012 0.013 0.0110.009 0.019 0.439 0.422 0.359 0.342 0.135 0.112 0.123 0.101 21 0.242 0.199 0.164 0.026 0.015 0.226 0.184 0.083 0.032 0.026 0.022 0.027 0.022 22 0.278 0.150 0.013 0.011 0.009 0.007 0.406 0.326 0.262 0.211 0.170 0.138 0.390 0.375 23 0.060 0.049 0.040 0.018 0.0115 0.112 0.091 0.102 0.082 0.066 0.074 0.009 0.007 0.006 0.006 0.006 0 005 0.005 | 0.004 0.012 0.007 0.010 0.008 0.007 24 0.310 0.247 0.197 0.158 0.126 0.053 0.043 0.035 0.028 0.023 0.019 0.015 0.013 0.010 0.295 0.233 0.184 0.146 0.116 0.092 0.074 0.059 0.047 0.038 0.030 0.024 0.020 0.016 0.013: 0.010 0.009 O201 0.230 0173 25 0201 001 9:24 AM a A O 40 4/25/2021
Transcribed Image Text:EXHIBIT 14B-1 1. Present Value of $1; (1+r)" Periods 4% 5% 6% 7% 8% 9% 10% 11% 12% 13% 14% 16% 0.962 0.952 0.943 0.9350.926 0.917 0.909 0.901| 0.893 0.885 0.877 0.870 0.862 15% 17% 18% 19% 20% 21% 22% 23% 24% 25% 1 0.855 0.847 0.840 0.833 0.826 0.820 0.813 0.806 0.800 2 0.925 0.907 0.890 0.873 0.857 0.842 0.826 0.812 0.797 0.7830.769 0.756 0.743 0.731 0.718 0.706 0.694 0.683 0.672 0.661 0.650 0.640 3 0.889 0.864 | 0.840 0.816 0.794 0.772 0.751 0.731 0.712 0.693 0.675 0.658 0.624 0.609 0.593 0.579 0.564 0.551 0.641 | 0.552 0.534 0.516 0.499 0.482 0.467 0.451 0.537 0.524 0,512 4 0.763 0.735 0.708 0.683 0.659 0.636 0.613 0.592 0.572 0.713 0.681 0.650 0.621 0.593 0.567 0.543 0,519 0.497 0.476 0.456 0.437 0.419 0.402 0.386 0.370 0.355 0.341 0328 0.666 0.855 0.823 0.792 0.822 0.784 0.747 0.437 0.4230.410 0.790 0.746 0.705 0.630 0.596 0.564 0.535 0.507 0.480 0.456 0.432 0.583 0.547 0.513 0.482 0.452 0.425 0.400 0.376 0,540 0.502 0.467 0.434 0.410 0.390 0.354 0.333 0.314 0.296 0.279 0.263 0.305 0.285 0.370 0.352 0.335 0.319 0.289 0.275 0.262 0.303 0 0.249 0.235 0.222 0.210 0.204 0.191 0.167 0.155 0.144 0.711 | 0.665 0.731 0.703 0.676 0.614 0.650 0.585 0.527 0.627 0.582 0.645 0.592 0.544 0.500 0.558 0.508 0.463 0.677 0.467 0.434 0.404 0.376 0.351 0.327 0.308 0.284 0.266 0.249 | 0.233 | 0.218 0.179 | 0.168 9 0.460 0.424 0.391 0.361 0.422 0.386 0.352 0.322 0.295 0.270 0.317 0.287 0.261 0.237 0.263 0.243 0.225 0.209 0.194 0.227 0.208 0.191 0.176 0.162 0.195 0.178 0.162 0.148 0.180 0.134 10 0.247 0.215 0.187 0.229 0.204 0.182 0.163 0.145 0.130 0.116 0.141 0.162 0.137 0.149 0.135 0.123 0.112 0.107 0.094 0.086 0.076 | 0.069 0.068 0.061 0.055 0.055 0.049 0.044 0.126 0.116 11 0.475 0.388 0.350 0.429 0.135 0,103 0.557 0.497 0.444 0.397 0.356 0.368 0.326 12 0.625 0.319 0.286 | 0.257 0.231 | 0.208 0.168 0.152 0.137 0.124 0.102 | 0.092 0.084 0.075 0.062 0.083 0.601 0.5300.469 0.415 0.577 0.505 0.555 0.534 0.458 13 0.104 0.093 0.078 0.065 0.054 0.442 0.388 0.340 0.362 14 0.232 0.205 0.181 0.160 0.183 0.160 0.140 0.299 0.263 0.275 0.239 0.125 0.108 0.111 0.099 0.088 0.069 15 0.481 0.315 0.339 0.292 0.252 0.218 0.371| 0.317 0.270 | 0.231 0.198 0.417 0.074 0.095 0.081 0.209 0.084 0.123 0.141 0.123 0.107 0.057 0.051 0.045 0.040 0.035 16 0.394 0.163 0.170 0.146 0.153 0.130 0.138 0.188 0.093 0.071 0.062 0.047 0.042 0.036 0.032 0.028 17 0.513 0.436 0.125 0.108 0.080 0.069 0.060 0.052 | 0.045 0.039 0.034 0.030 0.026 0.023 0.024 0.021 0.018 0.017 0.093 0.494 0.416 0.350 0.296 0.250 | 0.212 0.180 0.475 0.396 F0.456 0.095 0.083 0.073 0.061 0.093 0.077 0.064 0.053 0.068 0056 0.046 0.038 0.037 | 0.031 0.031 0.026 0.022 0.022 | 0.018 0.018 0.015 18 0.111 0.059 0.051 0.044 0.032 | 0.028 0.027 0.023 0.081 0.069 19 0.331 0.277 0.232 0.194 0.164 0.116 0.098 0.060 0.051 0.044 0.037 0.031 0.038 0.033 0.051 0.043 0.043 0.037 0.070 0.020 0.014 20 0.377 0.215 0.178 0.149 0.087 0.312 0.294 0.258 0.124 0.104 0.016 | 0.014 0.012 0.013 0.0110.009 0.019 0.439 0.422 0.359 0.342 0.135 0.112 0.123 0.101 21 0.242 0.199 0.164 0.026 0.015 0.226 0.184 0.083 0.032 0.026 0.022 0.027 0.022 22 0.278 0.150 0.013 0.011 0.009 0.007 0.406 0.326 0.262 0.211 0.170 0.138 0.390 0.375 23 0.060 0.049 0.040 0.018 0.0115 0.112 0.091 0.102 0.082 0.066 0.074 0.009 0.007 0.006 0.006 0.006 0 005 0.005 | 0.004 0.012 0.007 0.010 0.008 0.007 24 0.310 0.247 0.197 0.158 0.126 0.053 0.043 0.035 0.028 0.023 0.019 0.015 0.013 0.010 0.295 0.233 0.184 0.146 0.116 0.092 0.074 0.059 0.047 0.038 0.030 0.024 0.020 0.016 0.013: 0.010 0.009 O201 0.230 0173 25 0201 001 9:24 AM a A O 40 4/25/2021
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Knowledge Booster
Cash Flows
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
Cornerstones of Cost Management (Cornerstones Ser…
Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning
Principles of Accounting Volume 2
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College
Managerial Accounting
Managerial Accounting
Accounting
ISBN:
9781337912020
Author:
Carl Warren, Ph.d. Cma William B. Tayler
Publisher:
South-Western College Pub
Financial And Managerial Accounting
Financial And Managerial Accounting
Accounting
ISBN:
9781337902663
Author:
WARREN, Carl S.
Publisher:
Cengage Learning,
EBK CONTEMPORARY FINANCIAL MANAGEMENT
EBK CONTEMPORARY FINANCIAL MANAGEMENT
Finance
ISBN:
9781337514835
Author:
MOYER
Publisher:
CENGAGE LEARNING - CONSIGNMENT
Intermediate Financial Management (MindTap Course…
Intermediate Financial Management (MindTap Course…
Finance
ISBN:
9781337395083
Author:
Eugene F. Brigham, Phillip R. Daves
Publisher:
Cengage Learning
SEE MORE TEXTBOOKS