# Test of 6200 Summer

Submitted By sunwei1262010
Words 293
Pages 2
14. A project will produce operating cash flows of \$45,000 a year for four years. During the life of the project, inventory will be lowered by \$30,000 and accounts receivable will increase by \$15,000. Accounts payable will decrease by \$10,000. The project requires the purchase of equipment at an initial cost of \$120,000. The equipment will be depreciated straight-line to a zero book value over the life of the project. The equipment will be salvaged at the end of the project creating a \$25,000 after-tax cash flow. At the end of the project, net working capital will return to its normal level. What is the net present value of this project given a required return of 14%?
A. \$3,483.48
B. \$16,117.05
C. \$27,958.66
D. \$32,037.86
E. \$49,876.02
CF0 = \$30,000 - \$15,000 - \$10,000 - \$120,000 = -\$115,000
C04 = \$45,000 -\$30,000 + \$15,000 + \$10,000 + \$25,000 = \$65,000
= \$27,958.66
CF0 -\$115,000
C01 \$45,000
F01 3
C02 \$65,000
F02 1
I = 14%
NPV CPT
\$27,958.66
12.
13. You are considering two loans. The terms of the two loans are equivalent with the exception of the interest rates. Loan A offers a rate of 7.45% compounded daily. Loan B offers a rate of 7.5% compounded semi-annually. Loan _____ is the better offer because ________:
A. A; you will pay less interest
B. A; the annual percentage rate is 7.45%
C. B; the annual percentage rate is 7.64%
D. B; the interest is compounded less frequently
E. B; the effective annual rate is 7.64%
; APR = 7.73 percent

; APR = 7.64 percent…...

### Similar Documents

#### Summer People

... father are not very connected is the factthat not very often is the father referred to as “dad” or “father” in the text - He is mostly directedto as Mr Holroyd. Seeing that the point of view of the story is with Julian, this tells me that hedoes not feel close to his father at all. Mr Holroyd is not really a man who is kind to anyone.Even though his newsagent-cum-station could not exist without the tourists, he dislikes them andhe mocks their choice of newspaper “As The town’s second-largest Newsagent-cum-stationer,Mr Holroyd could not afford to despise the Summer People, but he allowed himself sardonicremarks over their choice of newspaper” 2 . Mrs Holroyd is just this very nice, motherly person, who comforts Julian when she knows he needs it. But that is also the only thing she does, she does not help Julian with his hard choice atall. She seems to agree with Mr Holroyd but she never says herself where she stands in thematter ““You mustn’t mind your dad,” she said. “He just wants what’s best for you”” 3 . Miss Hoare is the person who is pushing Julian in the opposite direction than his parents are. Sheis an artist from out of town; the text describes her as “a large, fat but undoubtedly stylishwoman in early middle age, her clothes off a kind not generally seen in Sheringham” 4 . She has a not entirely healthy relationship with alcohol, which becomes more and more obvious as thestory elapses and in the end her alcohol-problem becomes obvious, along with the...

Words: 970 - Pages: 4

#### Summer

Words: 601 - Pages: 3

#### Summer

...the summer was hot From an astronomical view, the equinoxes and solstices would be the middle of the respective seasons,[1][2] but a variable seasonal lag means that the meteorological start of the season, which is based on average temperature patterns, occurs several weeks later than the start of the astronomical season.[3] According to meteorologists[4][5],summer extends for the whole months of June, July, and August in the northern hemisphere and the whole months of December, January, and February in the southern hemisphere. Under meteorological definitions, all seasons are arbitrarily set to start at the beginning of a calendar month and end at the end of a month.[6] This meteorological definition of summer also aligns with the commonly viewed notion of summer as the season with the longest (and warmest) days of the year, in which daylight predominates. The meteorological reckoning of seasons is used in Austria, Denmark and the former USSR; it is also used by many in the United Kingdom, where summer is thought of as extending from mid-May to mid-August. In Ireland, the summer months according to the national meteorological service, Met Éireann, are June, July and August. However, according to the Irish Calendar summer begins 1 May and ends 1 August. School textbooks in Ireland follow the cultural norm of summer commencing on 1 May rather than the meteorological definition of 1 June. From the astronomical perspective, days continue to lengthen from equinox to solstice......

Words: 331 - Pages: 2

#### Test of 6200 Summer

...14. A project will produce operating cash flows of \$45,000 a year for four years. During the life of the project, inventory will be lowered by \$30,000 and accounts receivable will increase by \$15,000. Accounts payable will decrease by \$10,000. The project requires the purchase of equipment at an initial cost of \$120,000. The equipment will be depreciated straight-line to a zero book value over the life of the project. The equipment will be salvaged at the end of the project creating a \$25,000 after-tax cash flow. At the end of the project, net working capital will return to its normal level. What is the net present value of this project given a required return of 14%?  A. \$3,483.48 B. \$16,117.05 C. \$27,958.66 D. \$32,037.86 E. \$49,876.02 CF0 = \$30,000 - \$15,000 - \$10,000 - \$120,000 = -\$115,000 C04 = \$45,000 -\$30,000 + \$15,000 + \$10,000 + \$25,000 = \$65,000 = \$27,958.66 CF0 -\$115,000 C01 \$45,000 F01 3 C02 \$65,000 F02 1 I = 14% NPV CPT \$27,958.66 12. 13. You are considering two loans. The terms of the two loans are equivalent with the exception of the interest rates. Loan A offers a rate of 7.45% compounded daily. Loan B offers a rate of 7.5% compounded semi-annually. Loan _____ is the better offer because ________:  A. A; you will pay less interest B. A; the annual percentage rate is 7.45% C. B; the annual percentage rate is 7.64% D. B; the interest is compounded less frequently E. B; the effective annual rate is 7.64% ; APR = 7.73 percent ; APR = 7.64......

Words: 293 - Pages: 2

#### Summer Syllabus

... information, violating procedures prescribed to protect the integrity of a test, or other evaluation | |exercise, collaborating with others on assignments without the faculty member's consent, cooperating with or helping another student to cheat, having another | |person take an examination in the student's place, altering exam answers and requesting that the exam be re-graded, and communicating with any person during an | |exam, other than the faculty member or exam proctor. | |  | |Plagiarism includes, but is not limited to: Directly quoting the words of others without using quotation marks or indented format to identify them, using sources | |of information (published or unpublished) without identifying them, and paraphrasing materials or ideas of others without identifying the sources...

Words: 2512 - Pages: 11

#### Summer Slide

...Running Head: Why the “summer Slide” Phenomenon Why the “Summer Slide” Phenomenon Wesley Parker DTCC December 12, 2009 “Each fall, teachers regularly spend up to six weeks going over the same lessons their students had been taught the precious school year because of a phenomenon known as the “summer slide.” How kids spend their time outside of school is critically important to their success. It is a societal issue and something that is important to address, community-to-community and parent-to-parent,” said Ron Fairchlid, (2006). Executive Director of the Center for Learning at John Hopkins University). Summer Slide is a name given to the face that student who does not keep up with their level of academic skills over the summer loses them. This situation is usually found in low-income areas. This loss of memory is usually done to the lack of mental stimulation. Since this is a known problem, there are various ways to limit of even preventing this from happening to the students. Summer slide occurs for more than one reason, but the main one is lack of access to books, magazines, or newspapers in the home. In some cases there are no libraries or clubs in the immediate community. Then, there is the lack of education the parents have, most have no higher education themselves and therefore, are unable to persuade the children they need education, so there is a lack of motivation. There is a way of preventing this and for the middle or higher classes it...

Words: 1087 - Pages: 5

#### Summer

...My perfect summer I never imagined a wonderful summer as the one I have spent in Logan. Global Academy 2012 gave me the opportunity to experience the most unforgettable moments of my life. Despite the cultural shock, the lonely I felt at the beginning and all de embarrassing moments I had, Logan have been the perfect place for me to grow as a person, to improve my English, to make new friends, and to become more independent. I just can describe this summer as my best summer ever, my perfect summer. My most memorable moment in Logan was the ropes course because I was doing really challenging things, things that I never thought I could do. After I achieve my goals at the ropes course and overcame all the challenging things I felt a great satisfaction and self-realization. At the beginning I was shock by American culture but as soon as I started understanding it I enjoy every single moment in Logan. I really loved my first academic track excursions. I went to a restaurant in a small town called Ogden and I tried the Mormon Muffin, it was so delicious. I also had a great time at the Independence Day celebration at Rommie Stadium, the fireworks were amazing. I had never seen so many fireworks in one night. I was so amazed and I took a lot of pictures with my camera. These experiences gave me the opportunity of talk with native speakers and improve my English skills. Shopping in Logan is one of the things I enjoyed the most; the clothes, shoes, and almost everything are...

Words: 430 - Pages: 2

...Khiree Cross Ap Summer Reading Assignment The Awakening By: Kate Chopin July 18, 2013 Part One The setting of The Awakening so far is in the Grand Isle, a popular place for a summer vacation where wealthy people go. The Grand Isle is a spot where all the wealthy Creoles, from New Orleans, go for the summer to relax, and have fun. The time setting seems to be in the early 1900s because of the things they do and the lack of technology. The husband of Edna, Leonce, go away on a trip and on this trip he sends her chocolates which no one in the present time eats anymore. The tone of The Awakening at the start is a relaxed and peaceful one. As the story progresses is becomes a more serious and emotional one. It is serious because Leonce feels as if his wife is carless for her family. She doesn't show too much love nor is affection towards them and that becoming a problem. It is also emotional because Edna is clueless to what he is talking about and feels bad after he tells her off before he leaves for his trip. She is lost and wants to find her own independence, or find herself. Part Two The three characters that I will characterize from this book are Edna, Madamoiselle, and Robert. Edna is a caring and loving wife and mother. She is married to a rich businessman Leonce who is the provider for their family. In the story so far Edna seems as if she is lost or missing something. She seems tired of the lifestyle she is living and is nonchalant about everything. She likes...

Words: 2434 - Pages: 10

#### Summer Proect

...Name                           : Dhaval Patil Enrolment No             : 13BSP1669 IBS Campus                : Mumbai Mobile No                   : 86525575275 Email–Id                     : dhpatil13@gmail.com SUMMER INTERNSHIP PROGRAM Project Proposal I.                   Project Proposed Name of the Organization            : IDBI Federal Life Insurance Co Ltd Title of the project                        : Brand equity and its effects on sales of IDBI Federal Area of the project                        : Marketing II.                Description of the project in Brief IDBI Federal Life Insurance Co. Ltd has built a strong brand in insurance sector by providing value and convenience to the customer. The brand can add significant value when its well-recognized and as positive association in the mind of the consumer this concept is referred to as Brand equity. Brand equity affects the sales. In India 24 insurance companies are currently operating.  Differentiation factors of IDBI Federal Life Insurance Co. Ltd will be identified. A study on consumer perception, brand awareness will be conducted and Brand value analysis will be done with IDBI Federal. This project also aims to help the company to achieve its sales objective by focusing on their branding strategies and to understand its effectiveness by understanding the customer perception towards these strategies. III.             Objective of the Project Our main objective is to selling the child...

Words: 397 - Pages: 2

#### Dark Summer

...DARK SUMMER (a true story that happened 2 months ago) It was past midnight, I was in the ICU, watching over my father who was in coma since yesterday morning when we came here. I was beside him, in a darker area, gripping a book to cast the time. Suddenly, he opened his eyes and saw me reading. He moved. He wants to say something to me, but he can hardly speak. I can't decipher what he was saying. Then he spoke, and it was clear, the words I will never ever forget. Summer times are barren days waiting for you to fill it in. You may fill it in with amusement that you cannot carry out on school days, such as going on vacation to the beach, playing or surfing in the computer all day, watch movies or even sleep the whole day. Oh summer, you are such lovely days, you could do anything you want and whenever you want. Summer, when boredom is your worst enemy. But last summer, boredom was not my enemy. It was worse than an enemy. It was one of the time I most feared. Days before that time, my days were so typical, when I suppose to fill those with what enjoys me the most, like reading a book, surfing the internet, studying for a college entrance exam and sleeping. But my sleeping isn't so typical, I am up all night and sleeping almost the whole day. Since me and my family sleeps in a one big room, I lay awake until they're all asleep. Read, study, internet, that would keep me up until 4 to 5 AM in the morning. My father would wake up and scolds...

Words: 903 - Pages: 4

#### Summer Solstice

...SUMMER SOLSTICE Setting: The main events in the story happened in the Moretas residence and at their townsmini plaza and those happened during the night. Characterization: * Donya Lupeng Moreta- long-married woman with three children * Don Paeng Moreta- the highly moral husband of Donya Lupeng * Guido- young cousin to the Moretas who studied in Spain * Amada- the family cook and Entoy's wife * Entoy- the family driver Plot: The story happened during the St. John's Day, Doña Lupeng finds Amada in a state of madness and ecstasy after the latter attended the local ritual of Tadtarin , where the womendance and invoke the spirit to empower them. And then they went to the house of their. * Setting and Conflicts Setting – Since the story takes place in the 1850s, women were repressed and felt shut in. Lupeng may seem to be happy in her routine life, but she also feels angry. You can notice this when she states to the children “Hush, hush I implore you! Now look: your father has a headache, and so have I. So be quiet this instant — or no one goes to Grandfather.” It indeed sounds like she feels as though she has a duty that she must carry on but she gets annoyed at her family because of her subdued state of womanhood. Although she tries act horrified when Guido tells of her woman should be adored rather than beneath their husbands, she contemplates and realizes she wants to be the leader of the pack. External and Internal Conflicts – The stereotypes...

Words: 1552 - Pages: 7

#### Last Summer

...Last summer I was going to see a movie with my friend. As we were walking a mother approached my friend and explained to him that she didn’t have enough money to feed her children. She explained her living situation and that she was receiving money from the government but they recently decreased the amount of money she was receiving and it has been hard to make ends meet. My friend took the three children and their mother into McDonalds and ordered them all enough food to hold them over for a while. Then he handed the oldest child and the mother \$20 each. He also gave the mother contact information to speak with his friend who is a social worker and could possibly help her. We stood and spoke with the family for a little bit before continuing on to where we were going. Later that night we spoke more about the family and I personally was amazed by his actions. We live in NY and we see beggars all the time. Sometimes people are asking for money for reasons other than what they are actually saying. This makes us skeptical when actually giving money to strangers. Not only did he buy the family food but he gave them money as well. Despite the children being involved some people would have kept walking and not even stop to hear the mother’s story. This stuck with me because I am passionate about helping others and seeing children on the street like that broke my heart. I was curious to see how he would respond and he did above and beyond as a stranger for this family. He works......

Words: 316 - Pages: 2

#### Summer Camps

...|APPLICATION FORM | |WORLD YOUTH ALLIANCE ASIA PACIFIC – SUMMER CAMP 2015 | |PERSONAL INFORMATION | |Name: |Date of Birth: | |Address: | |Religious Affiliation (if any): |Languages Spoken: | |Phone: |Mobile: | |Fax: |Email Address: | |Current Occupation: | |Passport No (For International Participants): |T-shirt Size (For Summer Camp Shirt...

Words: 356 - Pages: 2

#### Summer Internship

...The course of MBA require one to undergo a summer internship with the end of the 2nd Semester, so as to get a practical knowledge and understanding the practical aspects of all the theories read. It helps us to make the best use of our skills and intelligence so as to make a better research report. It is really the most important thing during the course of the study. The purpose of my research project was to study the Recruitment and Selection process and its use in selecting the right candidates. It was a continuous learning experience as I got to know different kinds of Recruitment procedure, how they are conducted and are beneficial. ACKNOWLEDGEMENT I would like to express my deep sense of gratitude to the guide distinguish personality for their precious suggestion and encouragement during the project. The Experience which is gained by me during this project is essential for me at this turning point of my career. I am thankful to ____________________ (Director), MBA and ______________________ (Deputy Director) MBA for their kind support and supervision. I am also thankful to my project guide Prof. For providing me guidance and support. Last but not the least I would like to thanks all the faculty members, company officials, my family and friends for their constant support. DECLARATION We...

Words: 3887 - Pages: 16

#### Summer Place

...MEMORANDUM FROM: Group Members TO: Owners, Summer Place, Inc. DATE: May 26, 2015 RE: Information, Findings and Conclusions on Business and Legal Problems I. Decision Situation, Concern, and Purpose Summer Place wants to expand Diamond Design and Construction, Inc. (Diamond). It is considering a five-year expansion plan in County A located in eastern North Carolina. This expansion would support increased profits and business growth objectives. County A has enacted utility surcharge ordinance to increase economic develop, to recruit professional and skilled workers and to further growth of existing business organizations in the county. The utility surcharge ordinance requires that businesses with 33 or less full time employees and annual revenues of less than five million to pay \$1,000.00 annually per employee for their impact on utility and other public services. If businesses do not comply with this ordinance, their utilities will be terminated 30 days after failure to pay the surcharge. Diamond would have to comply with the utility surcharge on all of its full time employees until its fourth year of expansion. Diamond must decide the impact of the utility surcharge on its five-year strategic plan and current business operations. The Memorandum provides legal findings and conclusions and recommends how Diamond should respond to the enactment of County A’s utility surcharge ordinance in conjunction with its five-year strategic, expansion...

Words: 1042 - Pages: 5