Ask Question, Ask an Expert


Ask Basic Finance Expert

Sailcloth & More currently produces boat sails and is considering expanding its operations to include awnings for homes and travel trailers. The company owns land beside its current manufacturing facility that could be used for the expansion. The company bought this land 5 years ago at a cost of $319,000. At the time of purchase, the company paid $24,000 to level out the land so it would be suitable for future use. Today, the land is valued at $295,000. The company has some unused equipment that it currently owns valued at $38,000. This equipment could be used for producing awnings if $12,000 is spent for equipment modifications. Other equipment costing $490,000 will also be required. What is the amount of the initial cash flow for this expansion project?

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M940054

Have any Question? 

Related Questions in Basic Finance

A video posted to the wall street journals web site in

A video posted to the Wall Street Journal's Web site in mid-2010 was titled "Equities May Have Rallied Too Much, Buy Puts." a. What are equities? b. What does it mean that "equities may have rallied too much"? c. If equi ...

1 what factors cause the phillips curve to shift2 what is

1. What factors cause the Phillips curve to shift? 2. What is Okun's law? How can Okun's law be used to derive an output gap Phillips curve? 3. A columnist in the Wall Street Journal argues: "Whether you're a borrower or ...

1 name the three general methods of title assurance and

1. Name the three general methods of title assurance and briefly describe each. Which would you recommend to a friend purchasing a home? Why? 2. Would it be legal for you to give a quitclaim deed for the Statue of Libert ...

Analyze print communication-find an example of print

Analyze print communication:- Find an example of print communication, for example, a flyer on campus, a newsletter, or a magazine ad. With a partner, discuss why the creator of the message may have chosen a print medium. ...

1 describe the foreign exchange market discuss why it

1. Describe the foreign exchange market. Discuss why it exists and why it is necessary for international trade and commerce. 2. What is an exchange rate and how does it relate to the bid and the ask spread? 3. Compare an ...

How is that process-that curve-modified if this is a sheet

How is that process-that curve-modified if this is a sheet metal joint? Do variations in friction between male and female threads affect the torque-turn relationship? Describe the turn-of-nut procedure used in structural ...

There are 5 parts to this assignment -part a financial

There are 5 parts to this assignment - Part A: Financial analysis of a publicly-held company. Use Ford's latest consolidated and segment financial statements (form 10K) as filed with the SEC.  1. Calculate the current ra ...

If a companys dividends are expected to decline is it

If a company's dividends are expected to decline, is it possible to still use the constant growth dividend discount model? What is the relation between the expected return on a stock and the stock's dividend yield? Conce ...

Financing risk often must be addressed when an organization

Financing risk often must be addressed when an organization is least equipped to deal with it and limited in its options. The interrelationship of asset-side and liability-side risks is a critical issue for hospital lead ...

Finding the wacc titan mining corporation has 87 million

Finding the WACC Titan Mining Corporation has 8.7 million shares of common stock outstanding and 230,000 6.4 percent semiannual bonds outstanding, par value $1,000 each. The common stock currently sells for $37 per share ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro