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The management of Penfold Corporation is considering the purchase of a machine that would cost $330,000, would last for 7 years, and would have no salvage value. The machine would reduce labor and other costs by $63,000 per year. The company requires a minimum pretax return of 11% on all investment projects. Click here to view Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using the tables provided. The net present value of the proposed project is closest to (lgnore income taxes.): Crowl Corporation is investigating automating a process by purchasing a machine for $806,400 that would have a 9 year useful life and no salvage value. By automating the process, the company would save $140,000 per year in cash operating costs. The new machine would replace some old equipment that would be sold for scrap now, yielding $22,600. The annual depreciation on the new machine would be $89.600. The simple rate of return on the investment is closest to (ignore income taxes.): Joanette, Inc., is considering the purchase of a machine that would cost $670,000 and would last for 10 years, at the end of which, the machine would have a salvage value of $57,000. The machine would reduce labor and other costs by $117,000 per year. Additional working capital of $3,000 would be needed immediately, all of which would be recovered at the end of 10 years. The company requires a minimum pretax return of 13% on all investment projects. (Ignore income taxes.) Click here to view Exhibit 12B-1 and Exhibit 12B-2 to determine the appropriate discount factor(s) using the tables provided. Required: Determine the net present value of the project. (Negative amount should be indicated by a minus sign. Round your intermediate calculations and final answer to the nearest whole dollar amount.) Net present value The management of Nixon Corporation is investigating purchasing equipment that would cost $538,000 and have a 7 year life with no salvage value. The equipment would allow an expansion of capacity that would increase sales revenues by $374,000 per year and cash operating expenses by $216,000 per year. (gnore income taxes.) Required: Determine the simple rate of return on the investment. (Round your answer to 1 decimal place.) Simple rate of return % Alcoser Corporation's most recent balance sheet appears below: Comparative Balance Sheet Ending Beginning Balance Balance Assets: Cash and cash equivalents Accounts receivable $ 29 34 32 36 Inventory Property, plant, and equipment Less accumulated depreciation 53 66 554 480 208 206 $465 $405 Total assets Liabilities and stockholders ' equity: Accounts payable $41 50 Accrued liabilities 17 16 Income taxes payable Bonds payable Common stock Retained earnings 28 30 217 200 75 70 87 39 $405 $465 Total liabilities and stockholders' equity Net income for the year was $60. Cash dividends were $12. The company did not dispose of any property, plant, and equipment. It did not issue any bonds payable or repurchase any of its own common stock. The following questions pertain to the company's statement of cash flows. The net cash provided by (used in) financing activities for the year was: Krech Corporation's comparative balance sheet appears below: Comparative Balance Sheet Ending Balance Beginning Balance Assets: Current assets : Cash and cash equivalents Accounts receivable $31,000 28,000 18,000 58,000 12,000 20, 000 Inventory 56, 000 Prepaid expenses 10,000 Total current assets 119, 000 114, 000 Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment 374,000 354,000 190, 000 165, 000 184,000 189, 000 Total assets $303,000 $303,000 Liabilities and stockholders' equity: Current liabilities: Accounts payable AcCcrued liabilities Tncome taxes navahle $ 13,000 $ 9,000 52,000 53,000 67.000 69.000 $303, 000 $303, 000 Total assets Liabilities and stockholders' equity: Current liabilities: $ 9,000 Accounts payable Accrued liabilities $13,000 52, 000 67, 000 53, 000 Income taxes payable Total current liabilities 69, 000 131, 0e0 132, 000 Bonds payable 76, 000 208,000 73, 000 204, 000 Total liabilities Stockholders' equity: 28,000 26,000 Common stock 67,000 95,000 73, 000 99, 000 Retained earnings Total stockholders' equity $303, 000 $303, 000 Total liabilities and stockholders ' equity The company's net income (loss) for the year was ($3,000) and its cash dividends were $3,000. It did not sell or retire any property, plant, and equipment during the year. The company uses the indirect method to determine the net cash provided by operating activities. Which of the following is correct regarding the operating activities section of the statement of cash flows? The change in Accounts Payable will be added to net income; The change in Accrued Liabilities will be subtracted from net Income The change in Accounts Payable will be subtracted from net income; The change in Accrued Liabilities will be added to net income The change in Accounts Payable will be subtracted from net income: The change in Accrued Liabilities will be subtracted from net income The change in Accounts Payable will be added to net income: The change in Accrued Liabilities will be added to net income Financial statements of Rukavina Corporation follow: Comparative Balance Sheet Ending Beginning Balance Balance Assets: cash and cash equivalents $ 43 46 Accounts receivable 94 110 Inventory Property, plant, and equipment Less accumulated depreciation 69 53 858 700 374 321 Total assets $709 $569 Liabilities and stockholders' equity: Accounts payable Bonds payable $82 96 205 330 Common stock 94 121 Retained earnings 49 301 $709 $569 Total liabilities and stockholders' equity Income Statement Sales $815 Cost of goods sold Gross margin Selling and administrative expense Net operating income 264 551 106 445 Income taxes 157 Net income $288 Cash dividends were $36. The company did not dispose of any property, plant, and equipment. It did not issue any bonds payable or repurchase any of its own common stock. The following questions pertain to the company's statement of cash flows. The net cash provided by (used in) investing activities for the year was

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