1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
AysviL [449]
3 years ago
5

A new packaging machine will cost $57,000. The existing machine can be sold for $5,000 now and the new machine for $7,500 after

its 10-year useful life. If the new machine reduces annual expenses by $5,000, what is the present worth at 25% of this investment?
Business
1 answer:
lesya [120]3 years ago
4 0

Answer:

Our answer is  $ 33,342

Explanation:

Initial investment = Cost of new machine - Salvage value of old machine = $ 57,000 - $ 5,000 = $ 52,000

Annual cost savings = $ 5,000

Present value of cash savings at a discount rate of 25% = Annuity x PVIFA 25%, 10 years + Salvage x PVIF 25%, 10th year= $ 5,000 x 3.5705 + $ 7,500 x 0.1074 = $ 17,852.5 + $ 805.5 = $ 18,658

Net present value = Present value of cash savings - Initial investment = $ 18,658 - $ 52,000 = $ ( 33,342 )

You might be interested in
Carrie and Michael are married and will file a joint return. In addition to income from wages, they have a $5,000 long-term capi
Elena L [17]

Answer: 15%

Explanation:

From the question, we are informed that Carrie and Michael are married and will file a joint return and that they have a $5,000 long-term capital gain from the sale of stock. We are further told that their 2019 taxable income is $121,500.

Based on the above scenario, their capital gain will be taxed at a rate of 15%. This is due to the fact that when filing their status, they will be regarded as married and the applicable rate is 15% for an income that is between $78,751 and $488,850. Since they've $121,500 their rate will be 15%.

6 0
4 years ago
you are planning to make monthly deposits of $140 into a retirement account that pays 13 percent interest compounded monthly. If
VashaNatasha [74]

Answer:

FV= $314,365.69

Explanation:

Giving the following information:

Monthly deposti= $140

Number of months= 25*12= 300

Interest rate= 0.13/12= 0.01083

<u>To calculate the future value of the investment, we need to use the following formula:</u>

<u></u>

FV= {A*[(1+i)^n-1]}/i

A= monthly deposit

FV= {140*[(1.01083^300) - 1]} / 0.01083

FV= $314,365.69

7 0
3 years ago
The first question you ask is: "gearup has several offices located around the country. what kinds of networks will gearup need t
insens350 [35]
You decided that the interviewees should answer, Borh WAN and LAN. This was the correct answer because the LAN or Local Area Network devices permit corporation computers to join with one another, with printers and copiers, and with the Internet. While WAN or Wide Area Network devices links the computer from site to site since GearUp has headquarters in several sites.
5 0
3 years ago
Crowl Corporation is investigating automating a process by purchasing a machine for exist793, 800 that would have a 9 year usefu
abruzzese [7]

Answer:

5.80% , option A is correct

Explanation:

The formula for the simple rate of return on the investment=annualprofit/net amount invested

annual profit amount=savings in cash operating costs-annual depreciation on the new machine=$133,000-$88, 200=$ 44,800.00  

net amount of investment=pruchase cost of new machine-the scrap value of the old machine=$793, 800-$21, 200=$ 772,600.00  

simple rate of return on  investment=$ 44,800.00/$ 772,600.00=5.80%

7 0
3 years ago
At the end of this section, the author provides links to self-assessments to help determine if an individual has what it takes t
LUCKY_DIMON [66]

Answer:

The correct answer is entrepreneurs are born, not made.

Explanation:

Entrepreneurs, social psychologists and economic theorists have speculated on whether entrepreneurs are born or made, in other words, if you are predisposed to become an entrepreneur because of your genetic constitution, or if that provision comes from your environment, conditioning or other external factor.

For most entrepreneurs, it is comforting to think that business men and women are made, that even if they lack the "right" DNA, practice, experience and sufficient conditioning to be a success.

6 0
4 years ago
Other questions:
  • At what governmental level are corporate charters issued?
    14·1 answer
  • More than 25% of global gdp comes from _____.
    9·1 answer
  • A local portrait photographer currently employs 2 helpers for the busy Fall season. With two helper she can produce 450 packets
    13·1 answer
  • Why did Industry expand across the bay to Oakland, Pittsburgh and Contra Costa county rather than further south toward San Mateo
    12·1 answer
  • Mr. Thano, age 47, withdrew $22,000 from his employer-sponsored qualified retirement plan to pay for his daughter's wedding. Com
    9·1 answer
  • State two differences between savings and investment
    5·2 answers
  • Team players are sought-after employees<br> True<br> False
    5·2 answers
  • Jeff is trying to buy a new car. Which of the following may cause him not to be able to get a loan to purchase the car?
    13·1 answer
  • Assume that the custodian of a $810 petty cash fund has $182.50 in coins and currency plus $598.50 in receipts at the end of the
    15·1 answer
  • Causes that may lead have led to the business closure
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!