Academic Honestyacademic Honesty Pledgepledge By Signing My Name Bel ✓ Solved

Academic Honesty Academic Honesty Pledge Pledge: By signing my name below (submitting this work from my e-mail account), I am promising that: 1. The work I submit is my own, 2. I did not and will not give aid to others, 3. I will not share any information about this assignment with those who are completing it later, including subsequent academic terms, 4. I will report any others that I observe violating these rules.

By typing my name in the box below, I recognize my responsibilities as stated above and I understand that if I act in an academically dishonest manner I will receive a failing grade in this class. Type your name in the above box as evidence of your agreement to the academic honesty pledge. Question 1 Investment 1 Investment 2 Investment Cost $ 800,000 $ 500,000 Salvage Value $ 40,000 $ 50,000 Useful Life (years) 8 15 Annual Depreciation Required Rate of Return on Investments 10% 10% Sales $ 450,000 $ 400,000 Variable Costs $ 150,000 $ 175,000 Fixed Costs (excluding Depreciation) $ 100,000 $ 150,000 Tax Rate 35% 35% Income Statement: Sales Variable Costs Contribution Margin Fixed Costs (excluding Depreciation) Depreciation Earnings Before Taxes Taxes Earnings After Taxes Annual After-Tax Cash Flow Earnings After Taxes Depreciation Annual After-Tax Cash Flow After-Tax Cash Flow For Salvage Value Market Value of Asset at the end of useful life $ 50,000 $ 40,000 Book Value of Asset at the end of useful life Gain (Loss) Tax on Gain (Loss) Cash from Sale of Asset Tax on Sale Net Cash from Sale of Asset Percentage of This Sheet Correct 0.00% Grade for Entire Assignment 0.00 Fall 2013 Schedule of Investment Cash Investment 1 Annual Cash Flows Year 0 (date of investment) All positive cash flows must be shown as a positive number, Year 1 All negative cash flows must be shown as a negative number.

Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Investment 2 Annual Cash Flows Year 0 (date of investment) All positive cash flows must be shown as a positive number, Year 1 All negative cash flows must be shown as a negative number. Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Year 11 Year 12 Year 13 Year 14 Year 15 Percentage of This Sheet Correct 0.00% Grade for Entire Assignment 0.00 NPV Q2 Investment 1 Investment 2 Net Present Value Based on NPV only, which investment is better (Link to List Below)? Investment Choices: Select from this list: Investment 1 Investment 2 Percentage of This Sheet Correct 0.00% Grade for Entire Assignment 0.00 IRR Q3 Investment 1 Investment 2 Between 6% and 7% Between 7% and 8% Between 20% and 25% What interest rate (Link to list below)?

Greater than 25% Based on IRR only, which investment is better (Link to List Below)? Investment Choices - Select from this list: Investment 1 Investment 2 Percentage of This Sheet Correct 0.00% Grade for Entire Assignment 0.00 Question 5 Calculate NET PRESENT VALUE FOR higher INVESTMENT #1 ONLY lower Assuming the following Required Rates of Return 6% 12% 20% Net Present Value The LOWER the required interest rate, the _______ the Net Present Value (Link to List Below). The HIGHER the required interest rate, the _________ the Net Present Value (Link to List Below) Fill in the Blank -- Select from this list: higher lower Percentage of This Sheet Correct 0.00% Grade for Entire Assignment 0.00 Grade You are using the template for the: Spring Investment 1 Investment 2 Your Grade on this assignment is: 0 Salvage Value $ 40,000 $ 50,000 Percentage Correct 0.00% Useful Life (years) 8 15 Note that your grade needs to be between 0 and 15.

Annual Depreciation $ 95,000 $ 30, If you have an error in the grade space you have deleted Required Rate of Return on Investments 10% 10% an important formula that evaluates the possibility of Sales $ 450,000 $ 400,000 academic honesty. You must redo the assignment with a Variable Costs $ 150,000 $ 175,000 blank template or you will receive a zero. Fixed Costs (excluding Depreciation) $ 100,000 $ 150,000 Tax Rate 35% 35% Income Statement: Sales $ 450,000 $ 400, Variable Costs $ 150,000 $ 175, Contribution Margin $ 300,000 $ 225, Fixed Costs (excluding Depreciation $ 100,000 $ 150, Depreciation $ 95,000 $ 30, Earnings Before Taxes $ 105,000 $ 45, Taxes $ 36,750 $ 15, Earnings After Taxes $ 68,250 $ 29, Annual After-Tax Cash Flow Earnings After Taxes $ 68,250 $ 29, Depreciation $ 95,000 $ 30, Annual After-Tax Cash Flow $ 163,250 $ 59, After-Tax Cash Flow For Salvage Value Market Value of Asset at the end of useful life $ 50,000 $ 40,000 Book Value of Asset at the end of useful life $ 40,000 $ 50, Gain (Loss) $ 10,000 $ (10, Tax on Gain (Loss) $ 3,500 $ (3, Cash from Sale of Asset $ 50,000 $ 40, Tax on Sale $ 3,500 $ (3, Net Cash from Sale of Asset $ 46,500 $ 43, Investment 1 Annual Cash Flows Year 0 (date of investment) $ (800, Year 1 $ 163, Year 2 $ 163, Year 3 $ 163, Year 4 $ 163, Year 5 $ 163, Year 6 $ 163, Year 7 $ 163, Year 8 $ 209, Investment 2 Annual Cash Flows Year 0 (date of investment) $ (500, Year 1 $ 59, Year 2 $ 59, Year 3 $ 59, Year 4 $ 59, Year 5 $ 59, Year 6 $ 59, Year 7 $ 59, Year 8 $ 59, Year 9 $ 59, Year 10 $ 59, Year 11 $ 59, Year 12 $ 59, Year 13 $ 59, Year 14 $ 59, Year 15 $ 102, Investment 1 Investment 2 Net Present Value $ 92,619.29 $ (38,926.

Based on NPV only, which investment is better (Link to List Below)? Investment Investment Choices: Select from this list: Investment 1 Investment 2 Investment 1 Investment 2 What interest rate (Link to list below)? 13.03% 8.66% 0 0 Based on IRR only, which investment is better (Link to List Below)? Investment Investment Choices - Select from this list: Investment 1 Investment 2 Calculate NET PRESENT VALUE FOR INVESTMENT #1 ONLY Assuming the following Required Rates of Return 6% 12% 20% Net Present Value $ 242,923.51 $ 29,747.76 $ (162,769. The LOWER the required interest rate, the _______ the Net Present Value (Link to List Below). higher 0 The HIGHER the required interest rate, the _________ the Net Present Value (Link to List Below) lower Fill in the Blank -- Select from this list: higher lower GRADE 0 0 Perc 0 Questions Type your name here, Last Name First Forecasting Concepts Exercises 28.1.

The State of Arizona has asked you to examine tax burdens for residents in preparation for the next forecasting effort. Use the data in Table 28.3. (a) Prepare a graph showing the total state and local per capita taxes paid per year. Identify any outliers. (b) Calculate the level, trend and growth, and their averages. Table 28.5 State of Arizona: State and Local Per Capital Taxes Year Total State and Local Per Capita Taxes Paid ($) ...................................2. In the Arizona tax information in assignment 1, a typographical error in the data has been discovered.

The tax per capita in 2006 was actually ,368.10 rather than