A certain marble mine property has an estimated life of 30 years at a projected annual output of 3,000 cubic meters of marble blocks. Estimated management cost per year is placed at 1,500,000 and operating cost of the quarry and processing plant is P8,000 per cubic meter. The finished products tiles and slates can be sold for P12,000 per cubic meter if exported. Determine the present valuation of the mineral property if the sinking fund rate of interest is 15% and the annual dividend rate is to be 12%.

Pretax accounting income is computed to be $117,000 after including the effects of the appropriate items from the following information:   Depreciation taken for tax purposes $93,000 Depreciation taken for accounting 16,000 Contributions to the pension plan                                 22,000 Pension expense                                                       18,000 Interest revenue on municipal bonds 7,600 Penalty for late payment of income taxes 12,000 Unearned revenue for deposits received in advance 33,000 Unrealized gain on available-for-sale securities 8,000 Fine assessed for pollution of a river                          25,000   Using the setup below, compute taxable income   Pretax accounting income                                                                        99,000 Depreciation difference Pension cost difference Interest revenue Penalty Unearned revenue Unrealized gain Fine Taxable income

A project will produce an operating cash flow of $18,000 a year for 8 years. The initial fixed asset investment in the project will be $75,000. The net aftertax salvage value is estimated at $11,250 and will be received during the last year of the project's life. What is the IRR?   A. 18.57% B. 16.71% C. 17.08% D. 18.94% E. 17.83%

A firm undertakes a five-year project that requires an initial capital investment of $125,000. The project is then expected to provide cash flow of $15,000 per year for the first two years, $55,000 in the third and fourth years, and $16,000 in the fifth year. The project has an end-of-life salvage value of $7,000.