A company is considering an iron ore extraction project that requires an initial investment of $512,000 and will yield annual cash inflows of $156,000 for four years
The company's discount rate is 9%. What is the NPV of the project?
Present value of an ordinary annuity of $1:
8% 9% 10%
1 0.926 0.917 0.909
2 1.783 1.759 1.736
3 2.577 2.531 2.487
4 3.312 3.24 3.17
5 3.993 3.89 3.791
6 4.623 4.486 4.355
7 5.206 5.033 4.868
8 5.747 5.535 5.335
9 6.247 5.995 5.759
10 6.71 6.418 6.145
A) $6,560
B) $(102,400 )
C) $102,400
D) $(6,560 )
D .
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The objective of the International Organization for Standardization is to develop production processes that are ________
A) dependent on the participating country's capability B) equal in quality and capability in all participating countries C) higher in quality for developed countries D) lower in quality for developed countries E) adapted to each country's specific circumstances
Categorize each of the following activities into the expenditure, conversion or revenue cycles and identify the applicable subsystem
a. Preparing the weekly payroll for manufacturing personnel. b. Releasing raw materials for use in the manufacturing cycle. c. Recording the receipt of payment for goods sold. d. Recording the order placed by a customer. e. Ordering raw materials. f. Determining the amount of raw materials to order.