Answer:
Accounting rate of return is 10%
Explanation:
Given data
new machine = $48,000
sales = $16,000
time = 10 year
depreciation = $4,000 / year
factory overhead = $8,000 + depreciation $4,000
net income = $2400
tax rate = 40%
to find out
accounting rate of return for the machine
solution
we know that
Accounting rate of return = after tax net income / average investment
so here we know net income after tax = $2400
so we find investment first
Average investment = (Initial investment) / 2
Average investment = 48000 / 2 = $24000
so
Accounting rate of return = after tax net income / average investment
Accounting rate of return = 2400 / 24000 = 0.1 = 10%
Accounting rate of return is 10%
Answer:
Revocation
Explanation:
Based on the information given She is able to do this because she has the right of REVOCATION which means the right to cancel , terminate, withdraw or bring a contract to an end due to some reason just as the case of Shawna and Philip's in which we were told that Shawna had a second thought on wheither Philip's will have the ability to pay her for the services she is about to rendered to him by deciding to calls Philip in order to withdraw her offer before Philip accepts it.
Therefore Shawna is able to withdraw her offer because she has the right of REVOCATION
<u>Part A</u>
<u />
<u>Answer:</u>
$207,021
<u />
<u>Explanation:</u>
The balance on the account at the end of the year 2020 is $1,000,000
The question asks us to calculate the balance on the account at the end of the year 1970, which is exactly 50 years ago.
We would simply discount the $1,000,000 by using an interest rate of 3.2%
=
= $207,021
<u>Part B</u>
<u></u>
<u>Answer:</u>
$17,892.88
<u>Explanation:</u>
We have the value at year 1970 which is $207,021
Now to calculate the annual payment (PMT) we would plug the following values in the financial calculator,
PV = 0
N = 10
FV =207021
I/Y = 3.2
PMT = ?
PMT = $17,892.88
https://www.calculator.net/finance-calculator.html?ctype=contributeamount&ctargetamountv=207021&cyearsv=10&cstartingprinciplev=0&cinterestratev=3.2&ccontributeamountv=1000&ciadditionat1=end&printit=0&x=102&y=11
The economic concept that is most related to Harry's style of decision-making is decision at the margin.
<h3>What is "decision at the margin"?</h3>
When we make decisions at the margin, it means that we are considering the marginal aspects of the decision.
In clearer terms, we are considering things like how much the one additional unit of something will cost us, as well as what we stand to benefit from the additional unit like Harry is doing.
Find out more on decision at the margin at brainly.com/question/13764545
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