Question 36

A company can by identical raw materials from four suppliers. Each supplier offers a different term of sale.
Which one of the following terms of sale has the highest effective annual interest rate if the company does not take the cash discount?
  • Question 37

    K Malone is a successful entrepreneur, Currently she is considering investing in a capital protect, which would benefit tourism in North Caroina Because of tourism, the State of North Carolina is willing to lent) her
    $150,000 at a rate of 5%. well below the market rate Her estimated net cash flows for the 3-year lifetime of the project are S15 000 $89,000 and $60,000 respectively Recommend whether or not Malone should undertake this project.
  • Question 38

    The production process of a company s main product yields a by-product Production costs or $700,000 are incurred during this process and $300,000 m additional costs are incurred to finalize the main product. The by-product can be sold for $200 000 without further processing A manager proposed the conversion of the by-product into another product that would cost $100,000 and generate revenue of $250,000. When deciding on this proposal the company should
  • Question 39

    It there is sufficient capacity to fill the order, which of the following are relevant for a special order decision?
  • Question 40

    Sigma industries is considering purchasing Lambda Products in a cash transaction Sigma financial analysts Dave conducted an extensive amount of negotiation and due diligence and nave summarized the following financial information for management.
    * Assets having a 10-year remaining life can be acquired for $22 million
    * Assets are to De depreciated over their remaining life on a straight-line basis for Doth book and tax purposes
    * Current liabilities of Lambda amounting to S3 million must be assumed by Sigma
    * Lambda operations are expected to produce annual pre-tax cash Don of S7 million for the remaining 10 years of operation
    * A16% return on investment is required by Sigma for acquisitions of this type
    * Sigma's marginal Income tax rate is 35%
    What is the net present value to Sigma of the Lambda acquisition rounded to the nearest thousand?