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Breakeven cash inflows The One Ring Company, a leading producer of fine cast sil

ID: 2383509 • Letter: B

Question

Breakeven cash inflows

The One Ring Company, a leading producer of fine cast silver

expects that the equipment will produce steady income throughout its 10-year life.

b. How would the minimum yearly cash inflow change if the company required a

Breakeven cash inflows

The One Ring Company, a leading producer of fine cast silver

jewelry, is considering the purchase of new casting equipment that will allow it to expand its product line. The up-front cost of the equipment is $750,000. The company

expects that the equipment will produce steady income throughout its 10-year life.

a. If One Ring requires a 9% return on its investment, what minimum yearly cash inflow will be necessary for the company to go forward with this project?

b. How would the minimum yearly cash inflow change if the company required a

12% return on its investment?

Explanation / Answer

1

No of period

10

Required rate

9%

Investment

750000

Present value of Annuity

6.41766

Yearly cash flow 750000/6.41766

1,16,865

2

No of period

10

Required rate

12%

Yearly cash flow

7,50,000

Present value of Annuity

5.65022

Yearly cash flow

132738

1

No of period

10

Required rate

9%

Investment

750000

Present value of Annuity

6.41766

Yearly cash flow 750000/6.41766

1,16,865

2

No of period

10

Required rate

12%

Yearly cash flow

7,50,000

Present value of Annuity

5.65022

Yearly cash flow

132738