ACC 350 Topic 6 Quiz With Answers (ACC 350)
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ACC 350 Topic 6 Quiz with Answers
- Exam (elaborations) • 6 pages • 2021
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ACC 350 Topic 6 Quiz with Answers 
 
Gamma Company is considering an investment proposal that would require. 
So an initial outlay of $800,000, and would yield yearly cash flows of $200,000 for 9 years. The company uses a discount rate of 10%. What is the NPV of the investment? 
True or False: Net present value and internal rate of return consider the time value of money. 
So they are appropriate for longer term capital investments 
True or False: An annuity refers to a series of equal cash flow...
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ACC 350 Topic 6 Quiz with Answers (CORRECT NUMBERS)
- Exam (elaborations) • 6 pages • 2021
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1. Gamma Company is considering an investment proposal that would require an initial outlay of $800,000, and would yield yearly cash flows of $200,000 for 9 years. The company uses a discount rate of 10%. What is the NPV of the investment? 
 
2. True or False: Net present value and internal rate of return consider the time value of money, so they are appropriate for longer term capital investments 
 
3. True or False: An annuity refers to a series of equal cash flows received or paid annually. 
...
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ACC 350 Topic 6 Exam Quiz With Answers /ACC 350 Topic 6 Exam Quiz With Answers (elaborations) (Complete Answers - score 100%)
- Exam (elaborations) • 6 pages • 2021
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- $14.89
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1) Five Seasons is a merchandiser of packed foods. The company provides the following 
information for the year 2015: 
Sales Revenue $140,000 
Cost of Goods Sold $63,000 
Operating Expenses $67,500 
Net Income $9,500 
Number of Units Sold 27,000 
How much was the unit cost per unit of product sold? 
A) $3.14 
B) $5.18 
C) $2.33 
D) $0.82 
2) Jezebel Company incurred fixed costs of $300,000. Total costs, both fixed and variable, are 
$450,000 when 50,000 units are produced. It sold 35,000 units d...
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