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The management of Wyoming Corporation is considering the purchase of a new machine costing $375,000....

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Accounting

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The management of Wyoming Corporation is considering the purchase of a new machine costing $375,000. The company's desired rate of return is 6%. The present value factor for an annuity of $1 at interest of 6% for 5 years is 4.212. In addition to the foregoing Information, use the foliowing data in determining the acceptability of this investment: Income from Year Operations Net Cash Flow 1 $18,750 $93,750 2 18,750 93,750 3 18,750 93,750 4 18,750 93,750 5 18,750 93,750 The average rate of return for this investment is a 10% b. 5% c.25% d. 15% Use the information provided for Harding Company to answer the question that follow Harding Company Accounts payable $39,426 Accounts receivable 70,178 Accrued liabilities 6,288 Cash 19,140 Intangible assets 36,853 Inventory 84,040 Long-term investments 109,625 Long-term liabilities 72,788 Notes payable (short-term) 26,977 Property, plant, and equipment 610,615 Prepaid expenses 2,450 Temporary Investments 34,949 Based on the data for Harding Company, what is the amount of quick assets? a: 554,019 b. 5748,744 C. 51.505.37 d. 5124.267

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