FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Moates Corporation has provided the following data concerning an investment project that it is considering:
$ 400,000
$ 130,000 per year
Initial investment
Annual cash flow
Expected life of the project
4 years
Discount rate
9%
Click here to view Exhibit 14B-1 and Exhibit 14B-2, to determine the appropriate discount factor(s) using the tables provided.
The net present value of the project is closest to: (Round your intermediate calculations and final answer to the nearest whole dollar
amount.)
Multiple Choice
$400,000
$71070
...
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Transcribed Image Text:Jiz Saved Help Save Moates Corporation has provided the following data concerning an investment project that it is considering: $ 400,000 $ 130,000 per year Initial investment Annual cash flow Expected life of the project 4 years Discount rate 9% Click here to view Exhibit 14B-1 and Exhibit 14B-2, to determine the appropriate discount factor(s) using the tables provided. The net present value of the project is closest to: (Round your intermediate calculations and final answer to the nearest whole dollar amount.) Multiple Choice $400,000 $71070 ... Prev 1 of 5 Next > to search Jer
EXHIBIT 14B-1
1.
Present Value of $1;
(1+r)"
Periods
4%
5%
6%
7%
8%
9%
10%
11%
12%
13%
14%
16%
0.962 0.952 0.943 0.9350.926 0.917 0.909 0.901| 0.893 0.885 0.877 0.870 0.862
15%
17%
18%
19%
20%
21%
22%
23%
24%
25%
1
0.855 0.847 0.840 0.833 0.826 0.820 0.813
0.806 0.800
2
0.925 0.907 0.890 0.873 0.857 0.842 0.826 0.812 0.797 0.7830.769 0.756 0.743 0.731 0.718 0.706 0.694 0.683 0.672
0.661
0.650 0.640
3
0.889
0.864 |
0.840 0.816 0.794 0.772 0.751 0.731 0.712 0.693 0.675 0.658
0.624 0.609 0.593 0.579 0.564 0.551
0.641 |
0.552 0.534 0.516 0.499 0.482 0.467 0.451
0.537 0.524 0,512
4
0.763 0.735 0.708 0.683 0.659 0.636 0.613 0.592 0.572
0.713 0.681 0.650 0.621 0.593 0.567 0.543 0,519 0.497 0.476 0.456 0.437 0.419 0.402 0.386 0.370 0.355 0.341 0328
0.666
0.855 0.823
0.792
0.822 0.784 0.747
0.437 0.4230.410
0.790 0.746 0.705
0.630 0.596 0.564 0.535 0.507 0.480 0.456 0.432
0.583 0.547 0.513 0.482 0.452 0.425 0.400 0.376
0,540 0.502 0.467 0.434
0.410 0.390
0.354 0.333 0.314 0.296 0.279 0.263
0.305 0.285
0.370 0.352 0.335 0.319
0.289 0.275 0.262
0.303 0
0.249 0.235 0.222 0.210
0.204 0.191
0.167 0.155 0.144
0.711 | 0.665
0.731
0.703
0.676 0.614
0.650 0.585 0.527
0.627 0.582
0.645 0.592 0.544 0.500
0.558 0.508 0.463
0.677
0.467 0.434 0.404 0.376 0.351
0.327
0.308 0.284
0.266
0.249 |
0.233 | 0.218
0.179 | 0.168
9
0.460 0.424 0.391
0.361
0.422 0.386 0.352 0.322 0.295 0.270
0.317 0.287 0.261 0.237
0.263 0.243 0.225 0.209 0.194
0.227 0.208 0.191 0.176 0.162
0.195 0.178 0.162 0.148
0.180
0.134
10
0.247
0.215
0.187
0.229 0.204 0.182 0.163 0.145 0.130 0.116
0.141
0.162 0.137
0.149
0.135 0.123 0.112
0.107
0.094 0.086
0.076 | 0.069
0.068 0.061 0.055
0.055 0.049 0.044
0.126
0.116
11
0.475 0.388 0.350
0.429
0.135
0,103
0.557 0.497 0.444 0.397 0.356
0.368 0.326
12
0.625
0.319
0.286 | 0.257 0.231 | 0.208
0.168
0.152 0.137 0.124
0.102 | 0.092
0.084 0.075
0.062
0.083
0.601 0.5300.469 0.415
0.577 0.505
0.555
0.534 0.458
13
0.104 0.093
0.078
0.065
0.054
0.442 0.388 0.340
0.362
14
0.232 0.205 0.181 0.160
0.183 0.160 0.140
0.299
0.263
0.275 0.239
0.125
0.108
0.111
0.099
0.088
0.069
15
0.481
0.315
0.339 0.292 0.252 0.218
0.371| 0.317 0.270 | 0.231 0.198
0.417
0.074
0.095
0.081
0.209
0.084
0.123
0.141 0.123 0.107
0.057
0.051
0.045
0.040 0.035
16
0.394
0.163
0.170 0.146
0.153 0.130
0.138
0.188
0.093
0.071
0.062
0.047
0.042
0.036
0.032
0.028
17
0.513
0.436
0.125 0.108
0.080
0.069
0.060 0.052
| 0.045
0.039
0.034 0.030
0.026 0.023
0.024 0.021 0.018
0.017
0.093
0.494 0.416 0.350 0.296 0.250 | 0.212 0.180
0.475 0.396
F0.456
0.095
0.083
0.073 0.061
0.093 0.077 0.064 0.053
0.068 0056 0.046
0.038
0.037 | 0.031
0.031 0.026 0.022
0.022 | 0.018
0.018 0.015
18
0.111
0.059 0.051
0.044
0.032 | 0.028
0.027 0.023
0.081
0.069
19
0.331 0.277 0.232 0.194 0.164
0.116
0.098
0.060
0.051
0.044 0.037 0.031
0.038
0.033
0.051 0.043
0.043 0.037
0.070
0.020
0.014
20
0.377
0.215 0.178 0.149
0.087
0.312
0.294
0.258
0.124
0.104
0.016 | 0.014 0.012
0.013 0.0110.009
0.019
0.439
0.422
0.359
0.342
0.135 0.112
0.123 0.101
21
0.242
0.199
0.164
0.026
0.015
0.226 0.184
0.083
0.032 0.026 0.022
0.027 0.022
22
0.278
0.150
0.013
0.011
0.009
0.007
0.406 0.326 0.262 0.211 0.170 0.138
0.390
0.375
23
0.060 0.049 0.040
0.018 0.0115
0.112 0.091
0.102 0.082 0.066
0.074
0.009
0.007
0.006
0.006
0.006 0 005
0.005 | 0.004
0.012
0.007
0.010
0.008
0.007
24
0.310 0.247 0.197 0.158 0.126
0.053 0.043 0.035 0.028
0.023 0.019 0.015
0.013
0.010
0.295 0.233 0.184 0.146 0.116 0.092 0.074 0.059 0.047 0.038 0.030 0.024 0.020 0.016 0.013: 0.010 0.009
O201 0.230 0173
25
0201
001
9:24 AM
a
A O 40
4/25/2021
expand button
Transcribed Image Text:EXHIBIT 14B-1 1. Present Value of $1; (1+r)" Periods 4% 5% 6% 7% 8% 9% 10% 11% 12% 13% 14% 16% 0.962 0.952 0.943 0.9350.926 0.917 0.909 0.901| 0.893 0.885 0.877 0.870 0.862 15% 17% 18% 19% 20% 21% 22% 23% 24% 25% 1 0.855 0.847 0.840 0.833 0.826 0.820 0.813 0.806 0.800 2 0.925 0.907 0.890 0.873 0.857 0.842 0.826 0.812 0.797 0.7830.769 0.756 0.743 0.731 0.718 0.706 0.694 0.683 0.672 0.661 0.650 0.640 3 0.889 0.864 | 0.840 0.816 0.794 0.772 0.751 0.731 0.712 0.693 0.675 0.658 0.624 0.609 0.593 0.579 0.564 0.551 0.641 | 0.552 0.534 0.516 0.499 0.482 0.467 0.451 0.537 0.524 0,512 4 0.763 0.735 0.708 0.683 0.659 0.636 0.613 0.592 0.572 0.713 0.681 0.650 0.621 0.593 0.567 0.543 0,519 0.497 0.476 0.456 0.437 0.419 0.402 0.386 0.370 0.355 0.341 0328 0.666 0.855 0.823 0.792 0.822 0.784 0.747 0.437 0.4230.410 0.790 0.746 0.705 0.630 0.596 0.564 0.535 0.507 0.480 0.456 0.432 0.583 0.547 0.513 0.482 0.452 0.425 0.400 0.376 0,540 0.502 0.467 0.434 0.410 0.390 0.354 0.333 0.314 0.296 0.279 0.263 0.305 0.285 0.370 0.352 0.335 0.319 0.289 0.275 0.262 0.303 0 0.249 0.235 0.222 0.210 0.204 0.191 0.167 0.155 0.144 0.711 | 0.665 0.731 0.703 0.676 0.614 0.650 0.585 0.527 0.627 0.582 0.645 0.592 0.544 0.500 0.558 0.508 0.463 0.677 0.467 0.434 0.404 0.376 0.351 0.327 0.308 0.284 0.266 0.249 | 0.233 | 0.218 0.179 | 0.168 9 0.460 0.424 0.391 0.361 0.422 0.386 0.352 0.322 0.295 0.270 0.317 0.287 0.261 0.237 0.263 0.243 0.225 0.209 0.194 0.227 0.208 0.191 0.176 0.162 0.195 0.178 0.162 0.148 0.180 0.134 10 0.247 0.215 0.187 0.229 0.204 0.182 0.163 0.145 0.130 0.116 0.141 0.162 0.137 0.149 0.135 0.123 0.112 0.107 0.094 0.086 0.076 | 0.069 0.068 0.061 0.055 0.055 0.049 0.044 0.126 0.116 11 0.475 0.388 0.350 0.429 0.135 0,103 0.557 0.497 0.444 0.397 0.356 0.368 0.326 12 0.625 0.319 0.286 | 0.257 0.231 | 0.208 0.168 0.152 0.137 0.124 0.102 | 0.092 0.084 0.075 0.062 0.083 0.601 0.5300.469 0.415 0.577 0.505 0.555 0.534 0.458 13 0.104 0.093 0.078 0.065 0.054 0.442 0.388 0.340 0.362 14 0.232 0.205 0.181 0.160 0.183 0.160 0.140 0.299 0.263 0.275 0.239 0.125 0.108 0.111 0.099 0.088 0.069 15 0.481 0.315 0.339 0.292 0.252 0.218 0.371| 0.317 0.270 | 0.231 0.198 0.417 0.074 0.095 0.081 0.209 0.084 0.123 0.141 0.123 0.107 0.057 0.051 0.045 0.040 0.035 16 0.394 0.163 0.170 0.146 0.153 0.130 0.138 0.188 0.093 0.071 0.062 0.047 0.042 0.036 0.032 0.028 17 0.513 0.436 0.125 0.108 0.080 0.069 0.060 0.052 | 0.045 0.039 0.034 0.030 0.026 0.023 0.024 0.021 0.018 0.017 0.093 0.494 0.416 0.350 0.296 0.250 | 0.212 0.180 0.475 0.396 F0.456 0.095 0.083 0.073 0.061 0.093 0.077 0.064 0.053 0.068 0056 0.046 0.038 0.037 | 0.031 0.031 0.026 0.022 0.022 | 0.018 0.018 0.015 18 0.111 0.059 0.051 0.044 0.032 | 0.028 0.027 0.023 0.081 0.069 19 0.331 0.277 0.232 0.194 0.164 0.116 0.098 0.060 0.051 0.044 0.037 0.031 0.038 0.033 0.051 0.043 0.043 0.037 0.070 0.020 0.014 20 0.377 0.215 0.178 0.149 0.087 0.312 0.294 0.258 0.124 0.104 0.016 | 0.014 0.012 0.013 0.0110.009 0.019 0.439 0.422 0.359 0.342 0.135 0.112 0.123 0.101 21 0.242 0.199 0.164 0.026 0.015 0.226 0.184 0.083 0.032 0.026 0.022 0.027 0.022 22 0.278 0.150 0.013 0.011 0.009 0.007 0.406 0.326 0.262 0.211 0.170 0.138 0.390 0.375 23 0.060 0.049 0.040 0.018 0.0115 0.112 0.091 0.102 0.082 0.066 0.074 0.009 0.007 0.006 0.006 0.006 0 005 0.005 | 0.004 0.012 0.007 0.010 0.008 0.007 24 0.310 0.247 0.197 0.158 0.126 0.053 0.043 0.035 0.028 0.023 0.019 0.015 0.013 0.010 0.295 0.233 0.184 0.146 0.116 0.092 0.074 0.059 0.047 0.038 0.030 0.024 0.020 0.016 0.013: 0.010 0.009 O201 0.230 0173 25 0201 001 9:24 AM a A O 40 4/25/2021
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