A. The following data relates to an investment proposal for the purchase of a new...
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A. The following data relates to an investment proposal for the purchase of a new modern machine: Acquisition cost - P100,000 Freight and other charges - 60,000 Annual Cash return - 40,000 Economic Life - 10 yrs Income tax rate - 30% Questions: 1. based on the above information the payback period is______ 2. The accounting rate return is______ B. On June 20, 2020 ABC Corp. discounts P100,000, 120 day, 12% note dated May 21, 2020 to XYZ Finance Company at 15%. How much is the net proceeds?______ 1. Based on theb
A. The following data relates to an investment proposal for the purchase of a new modern machine:
Acquisition cost - P100,000
Freight and other charges - 60,000
Annual Cash return - 40,000
Economic Life - 10 yrs
Income tax rate - 30%
Questions:
1. based on the above information the payback period is______
2. The accounting rate return is______
B. On June 20, 2020 ABC Corp. discounts P100,000, 120 day, 12% note dated May 21, 2020 to XYZ Finance Company at 15%. How much is the net proceeds?______
1. Based on theb
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