why net present value is considered to be superior to internal rate of return as an investment appraisal method? Critically evaluate and give an example if possible

Q: Lola Tinidora, 63 years old, was treated by her grandchildren Alden, Allen, and Ellen to Max's…

A: According to Republic Act No.9994, Senior citizens are resident citizens of Philippines who have…

Q: PA4-4 (Algo) Identifying and Preparing Adjusting Journal Entries [LO 4-1, LO 4-2, LO 4-3, LO 4-6]…

A: The adjustment entries are prepared to adjust the revenue and expenses of the current period. The…

Q: Manchester Company provided the following accounts abstracted from the unadjusted trial balance on…

A: Assets are the rights and resources being held by the business. It can be current assets or non…

Q: CASE: The following data for the month of September were taken from the cost records of Department 1…

A: In process accounting, raw material is processed in one department and transferred to another…

Q: with a par value of P 5 per share for P 8 per share. How much is the income tax of the said…

A: Capital gains arises when any Capital assets are transferred and such gains are subject to taxes.…

Q: Prepare the general journal entries required to account for the above transactions and events for…

A: A journal entry is an act of maintaining or making statistics of any transactions both monetary or…

Q: Part A Smart Swim Ltd manufactures and sells swimsuits for $40 each. The estimated income statement…

A: Hi student Since there are multiple subparts, we will answer only first three subparts. Cost…

Q: Salmyia bought land, buildings and equipment for a combined cash payment of $800,000. The estimated…

A: Formula: Amount capitalized for Equipment = Combined cash payment x % of Total fair value for…

Q: The Marchetti Soup company entered into the following transactions during the month of June:(1)…

A: Introduction: Journals: All the business transactions are to be recorded in journals. Journals are…

Q: Why should we call an annuity a periodic payment problem?

A: Annuity- An annuity is a contract between an individual and an insurance company in which the…

Q: Cash Fumiture and equipment Vehicle Supplies Prepaid Insurance Note Payable Unearned service revenue…

A: Adjusting Entry – Adjusting Entries are the entries that make the accrual principle work for the…

Q: Use the adjusted trial balance for Stockton Company. Determine the owner’s equity ending balance.…

A: Owners' equity is the capital invested by the owner in the business. It represents the amount of…

Q: PROBLEM NO. 3– Lessor and Lessee (Lessor, Direct Financing Lease) Assimilator Corp. is in the…

A: Lease refers to the contractual agreement where one party known as as lessor agrees to rent the…

Q: The unearned rent account has a balance of $69,060. If $15,787 of the $69,060 remains unearned at…

A: Introduction: To accurately dedicate income and expenses to each accounting quarter, adjusting…

Q: A firm is considering purchasing equipment that will reduce costs by $40,000. The equipment costs…

A: Introduction: Annual Worth Method: Since the AW value only needs to be calculated once each life…

Q: 2. liven : P= P60 V = 4% + 15 find the interest and maturity value

A: Lets understand the basics. For calculating interest and maturity value we need to use below…

Q: Problem 5-2 (IAA) At the beginning of current year, Template Company showed the following account…

A: Net Realizable Value of accounts receivable=Ending balance of account receivable-Ending balance of…

Q: Aaron, an individual taxpayer in the 28% tax bracket, acquired stock in AB Corporation 5 years ago…

A: The sale or exchange treatment and dividend treatment are types of transactions under which the…

Q: Additional information: 1. An annual insurance policy was purchased for the first time on October 1,…

A: The journal entries which are made in the books of accounts of the company after the preparation of…

Q: 14. Mayfield Development, LLC forecasts the following cash flows at the beginning of each year for a…

A: Year Cash Flow 1 697000 2 631000 3 574000 4 898000 5 9981000

Q: Waterway Industries produces a product that requires 2.60 pounds of materials per unit. The…

A: Standard direct materials price per pound is the purchase price of raw materials after excluding…

Q: Prepare a worksheet.

A: Trial balance is the summary of all general ledger account balances in the business. Total of debits…

Q: 1. Depreciation on the company's equipment for the year is computed to be $18,000. 2. The Prepaid…

A: Introduction: Journals: All the business transactions are to be recorded in Journals. Journals are…

Q: On January 1, the company purchased equipment that cost $10,000. The equipment is expected to be…

A: Introduction: Depreciation: Decreasing value of Fixed assets over its useful life period called as…

Q: The ending balance in C. Finley, Capital is Oa. $8,435 Ob. $25,000 Oc. $25,685 Od. $17,565

A: Financial accounting refers to the type of accounting which is primarily used by the outsiders to…

Q: niversal Sports Supply began the year with an inventory balance of $83,000 and a year-end balance of…

A: The inventory turnover ratio tells about the rate by which inventory is being used up or sold out.…

Q: Suppose a company has fixed costs of $47,600 and variable cost per unit of +222 dollars, where x is…

A: As per our guidelines, when the question contains multiple sub-parts we are allowed to answer only…

Q: The following information is taken from the balance sheet of Chel Corp. as of December 31, 2015:…

A: Paid in capital means the amount contributed by share holder in company as share capital Retained…

Q: Find transfer price for the division A. Desired return on investment 28% Fixed assets=500,000…

A: Transfer pricing was used by the division of an entity to fix its price for transferring their…

Q: Identify cost drivers. BE5-4 (LO 2) Ayala Company manufactures four products in a single production…

A: A cost driver impacts whether the cost of activity goes up or down. The concept has most commonly…

Q: An entity provided the following data for the year ended December 31, 2015: Retained earnings…

A: Retained Earnings are the accumulated net profit of the corporation. Unappropriated retained…

Q: The Statement of Financial Position and  the Statement of Profit and Loss of ABC Bank include the…

A: Introduction: T-account: Is an abbreviation for a set of double-entry accounting records. The…

Q: Required: Prepare a flexible budget performance report showing AirQual Test Corporation's revenue…

A: Budget refers to the estimation of the incomes and expenses for a specified future period as per the…

Q: even === You are the warehouse manager for a kitchen supplies store. On a Sunday in May, you receive…

A: Formulas: Estimated value of the lost inventory = Cost of goods available for sale - Cost of goods…

Q: how to decide and choose between investments if capital is rationed? Assess the timing effect of…

A: Here asked for multi question we will solve for first question for you.  If you need additional…

Q: Which of the following terms does not refer to the amount that is paid by the note issuer to the…

A:

Q: During the current year, Delaware Company reported total operating expenses of P3,200,000,…

A: Introduction:  Operating Expenses: An operating expense is a cost incurred by a company as part of…

Q: Arrow Company is a retailer that uses the periodic inventory system. August 1 Beginning inventory 80…

A: Inventory is valued on the basis of different inventory valuation methods such as LIFO, FIFO, or…

Q: Assuming all applicable input taxes are to be claimed as credits against output taxes, the VAT…

A: Vat payable is the tax payable which is the indirect tax which is paid to the government, its…

Q: What tax remedy is provided by the Tax Code to minimize the impact of indirect double taxation on…

A: Disclaimer: "Since you have asked multiple questions ina single question so we solved first question…

Q: Question 3 Which of the following OA. Determining OB. Provides time OC. Encourages in O D. Promotes…

A: Capital Allocation involves use of different investment strategies to generate maximum benefits from…

Q: X owned a land worth 100M and with cost of 80M. X transferred the land to XYZ Corp in exchange for…

A: Taxable gain is the amount of financial advantage arising from a transaction which is taxable under…

Q: Vacation Corporation produces a single product. Data concerning the company's first year of…

A: The difference in variable cost and absorption is that of treatment of fixed manufacturing overhead.…

Q: n integrated report is intended to be more than a summary of information in other communications…

A: It is a report to communicate how an enterprise's planning, strategies, governance, efficiency and…

Q: b DONJ C d e Support your evaluation with reference to relevant accounting concepts, principle…

A: The accounting principles and assumptions provide the foundation for basic business operations and…

Q: A firm had two departments, cloth and ready-made clothes. The clothes were made by the firm itself…

A: where there are many departments and independent activities are performed by them so it is…

Q: During the year a grinding machine was purchased for 700,000. Expenses of cartage and installation…

A: Types of depreciation are straight line method, written down value method etc. Every company has its…

Q: In the first part, how did you get the new price* new shared issued as 1000000? I am very confused.

A: Outstanding shares: This includes the total number of company's shares that are actually held by…

Q: From the following list of balances extract from Vivian Trading's book as at 31 May RM RM Cash in…

A: Introduction: Trial Balance: All the final ledger accounts balances are posted in Trial balance to…

Q: Blue Company's accountant Bella has prepared the below forecasted credit sales for the quarter July…

A: "Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…