Post the journal entries to the ledger sheets or if you created T-accounts post the entries to your T-accounts
The initial outlay associated with the expansion would be $1,950,000, and the project would generate free cash flows of $450,000 per year for 6 years
5. Enter the adjustments directly on to the spreadsheet. 6. Extend to the adjusted trial balance columns. 7. Extend to the financial statement columns. 8. Prepare the financial statements. 9. Enter the closing entries on to the worksheet. 10. Prepare the post closing trial balance for May.
Make sure you include the following in your final Excel Workbook: 1. The completed Worksheet on the given downloadable spreadsheet.(I can send you this file via email-has all the columns labeled, Just give me your email address) 2. Formal income statement, statement of owner’s equity, and balance sheet. These may be prepared on separate tabs on the Excel Workbook where the “Worksheet” is the first tab. 3. Post Closing Trial Balance for May 31. 4. T- Accounts(If applicable)
Fijisawa, Inc. is considering a major expansion of its product line and has estimated the following free cash flows associated with such an expansion. The appropriate required rate of return is 9%. Calculate the net present value and the internal rate of return.
A proposed cost-saving device has an installed cost of $730,000. (more…)