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Toy Universe Products is considering producing toy action figures and sandbox toys

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Toy Universe Products is considering producing toy action figures and sandbox toys. The products require different specialized machines, each costing $1 million. Each machine has a five-year life and zero residual value. The two products have different patterns of predicted net cash inflows: Click the icon to view the data) Calculate the sandbox toy project's payback period. If the sandbox toy project had a residual value of $150,000, would the payback period change? Explain and recalculate if necessary Does this investment pass Toy Universe's payback period screening rule? y Calculate the sandbox toy project's payback period. First, enter the formula, then calculate the payback period. (Enter amounts in dollars, not millions. Round your answer to two decimal places. Abbreviation used: Amt - Amount) ) = Payback th n Data Table ? Annal Net Cashindows Year Toy action Sandbox toy figure project project 1 335.750 $ 540.000 2 335.750 360.000 3 335.750 310,000 335.750 250.000 335.750 25,000 Total 1.678.750 1.435,000 Toy Universe will consider making capital investments only if the payback period of the project is less than 3.5 years and the ARR exceeds 8 Print Done

LESSON 9-5 Real Estate Taxes When you own a home, you will have to pay city or county real estate taxes. The amount of real estate de that you pay in one year depends on the assessed value of your property and the tax rate. The assessed value is found by multiplying the market value of your property by the rate of assessment. Your tax rate may be expressed in mills per dollar of valuation. A mill is $0.001. ASSESSED VALUE - RATE OF ASSESSMENT X MARKET VALUE REAL ESTATE TAX - TAX RATE X ASSESSED VALUE $431630 12184.95 1. The Mariaskis' home is located in a community where the rate of assessment is 45% of the market value. The tax is $85 per $1000 of assessed value. The Schaffers' home has a market value of 597,400. a. What is the assessed value? b. What is the yearly real estate tax? 2. The rate of assessment in Fulton County is 35%. The tax rate is 81.31 mills. What is the real estate tax on a piece of property that has a market value of $38.500? 3. Ron and Barbara Lugo live in a city where the tax rate is 83.21 mills. The rate of assessment is 30%. The property that the Lugos own has a market value of $367,500. What is their real estate tax for a year! 4. Pater and Camilla Myers live in a home with a market value of $124.750. The rate of assessment is 40% and the tax rate is 112.8 mills. What is the Myers' real estate tax for a year? 5. You live in a home in Bloom County. Your home has a market value of $80,000. Your rate of assessment is 45%. You pay total property taxes of 56.79 mills. Complete the form below to see how your property tax bill is distributed. TAX RATE IN MILLS REAL ESTATE TAX bly 2.35 .50 1.20 1.55 2.14 $ $ $ 15 PURPOSE OF TAX County: County general fund County parks Mental health lovy Gifted children's school Transportation system School: Local school Vocational school School building bonds Others: Corporation-city Police fire pension 32.50 3.20 Society $ 9.95 2.40 1.00 $ Total $ Total Unit 9 65 Cyright by Glencoe Division