accounting

PLEASE HELPP!!

Financial Statement Analysis Portfolio

The Income Statement for Pumpkin Co. is shown below:

Pumpkin Co.IncomeStatement
for the Month Ended October 21, 2010

revenues- blank

sales
$120,000.00

operating expenses-blank

salary expense
$10,000.00

supplies expense
$14,000.00

depreciation expense
$4,000.00

net income
$92,000.00

Pumpkin Co. is about to embark on a project that will have a total cost of $300,000.00 over a 10-year period.

1. Calculate the expected annual rate of return on this project.

2.Calculate the cash payback on this project.

  1. 👍
  2. 👎
  3. 👁

Respond to this Question

First Name

Your Response

Similar Questions

  1. Algebra 2

    Every year in Delaware there is a contest where people create cannons and catapults designed to launch pumpkins as far in the air as possible. The equation y = 12 + 105x – 16x^2 can be used to represent the height, y, of a

  2. Math

    Every year in Delaware there is a contest where people create cannons and catapults designed to launch pumpkins as far in the air as possible. the equation y=15+110x-16x^2 can be used to represent the height, y, of a launched

  3. accounting

    indicate in the table below the financial statement on which each of the following accounts appear. (FINANCIAL STATEMENTS) ACCOUNTS: CASH IN THE BANK DOES IT BELONG ON INCOME STATEMENT OR STATEMENT OF CHANGES IN OWNERS EQUITY OR

  4. accounting

    Financial Statement Analysis Portfolio The Income Statement for Pumpkin Co. is shown below: Pumpkin Co. Income Statement for the Month Ended October 21, 2010 revenues sales $120,000.00 operating expenses salary expense $10,000.00

  1. Accounts

    The financial statement that shows business results in terms of revenue and expenses is __________. an income statement a balance sheet a statement of owner's equity the statement of cash flows Answer A

  2. Accounting

    Identify whether each of the following items would appear on the income statement (IS), statement of changes in stockholders’ equity (SE), balance sheet (BS), or statement of cash flows (CF). Some items may appear on more than

  3. Math2

    Bob has entered his giant pumpkin into the tops field fair in New England. To qualify for the finals, pumpkins must meet a minimum weight requirement, which is based on the weights of all of the entries. This year, 55.17% of all

  4. Finance 200

    11. The Sterling Tire Company’s income statement for 2008 is as follows: Given this income statement, compute the following: STERLING TIRE COMPANY Income Statement For the Year Ended December 31, 2008 Sales (20,000 tires at $60

  1. accounting

    P4-2A The adjusted trial balance columns of the worksheet for Porter Company are as follows. PORTER COMPANY Worksheet For the Year Ended December 31, 2008 Adjusted Account Trial Balance No. Account Titles Dr. Cr. 101 Cash 18,800

  2. Physics

    Early one October, you go to a pumpkin patch to select your Halloween pumpkin. You lift the 2.8 kg pumpkin to a height of 1.4 m, then carry it 50.0 m (on level ground) to the check-out stand. Calculate the work you do on the

  3. Math

    Nine friends share pumpkin pies equally. What fraction of a pumpkin pie does each friend get ?

  4. Accounting

    Accounts receivable will appear on which of the following financial statements? Statement of changes in stockholders’ equity Statement of cash flows Balance sheet Income statement

You can view more similar questions or ask a new question.