subject
Business, 02.07.2020 20:01 bNicholson23

You proposed the purchase of an RFID Inventory Tracing System for the company's warehouse and weave rooms. You believed that the purchase would provide a better system of locating cartons in the warehouse by recording the locations of the cartons and storing the data in the computer. The estimated investment, annual operating and maintenance costs, and expected annual saving are as follows: -Cost of equipment and installation: $155,000 -Project life: 6 years -Expected salvage: $18,000 -Investment in working capital (fully recoverable at the end of the project life): $23,000 -Expected annual savings on labor and materials: $63,000 -Expected annual expenses: $9,300 -Depreciation method: five-year MACRS As a part of this project, the firm will take a loan of $51,000 to be repaid in three equal annual payments at 7.5% interest. The firm's marginal tax rate is 21%. Determine the IRR of the RFID system. Express your answer as a percentage rounded to the nearest tenth of a percent (i. e., 8.3% should be entered as 8.3)"

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 14:40
Jansen company borrowed $12,000 on a 1-year, 5 percent note payable from the local bank on april 1. interest was paid quarterly, and the note was repaid one year from the time the money was borrowed. calculate the amount of cash payments jansen was required to make in each of the two calendar years that were affected by the note payable.
Answers: 2
question
Business, 21.06.2019 21:30
Afreezer manufacturer might purchase sheets of steel, wiring, shelving, and so forth, as part of its final product. this is an example of what sub-classification of business market?
Answers: 1
question
Business, 21.06.2019 23:00
Which of the following statements is correct? a. two firms with identical sales and operating costs but with different amounts of debt and tax rates will have different operating incomes by definition. b. free cash flow (fcf) is, essentially, the cash flow that is available for interest and dividends after the company has made the investments in current and fixed assets that are necessary to sustain ongoing operations. c. retained earnings as reported on the balance sheet represent cash and, therefore, are available to distribute to stockholders as dividends or any other required cash payments to creditors and suppliers. d. if a firm is reporting its income in accordance with generally accepted accounting principles, then its net income as reported on the income statement should be equal to its free cash flow. e. after-tax operating income is calculated as ebit(1 - t) + depreciation.
Answers: 2
question
Business, 22.06.2019 08:30
Which of the following is an example of search costs? a.) driving to a faraway place to find available goods b.) buying goods in some special way that is outside the normal channels c.) paying a premium cost for goods d.) selling extra goods for a discount price
Answers: 1
You know the right answer?
You proposed the purchase of an RFID Inventory Tracing System for the company's warehouse and weave...
Questions
question
Mathematics, 10.11.2020 07:00
question
Mathematics, 10.11.2020 07:00
question
Mathematics, 10.11.2020 07:00
question
History, 10.11.2020 07:00