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Kruka [31]
3 years ago
14

You're trying to choose between two different investment, both of which have up – front costs of $45,000. investment g returns $

75,000 in six years. investment h returns $105,000 in 9 years. which of these investments has the higher return?
Business
1 answer:
DochEvi [55]3 years ago
4 0
Amount invested in both schemes is $45,000
returns in investment g is 75,000 in 6 years. 
yearly return is:
75000/6=12,500

returns in investment h is 105,000 in 9 years
yearly return is:
105,000/9
=11,666.67

from the above results we can conclude that investment g has the higher returns.
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Answer:

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3 years ago
A company purchased a plant asset for $53,000. It has a salvage value of $3,000 and annual depreciation expense of $5,000. It ca
marshall27 [118]

Answer:

The remaining useful life of the asset is = 10 - 3 = 7 years

Explanation:

The straight line method of depreciation charges a constant depreciation expense through out the useful life of the asset. The formula for depreciation expense under this method is,

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Plugging in the values for depreciation expense per year, cost and salvage value, we can calculate the total expected life of the asset.

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The remaining useful life of the asset is = 10 - 3 = 7 years

3 0
3 years ago
How does economic efficiency relate to the gains of consumers and producers? a. It a market economy, when the demand for a good
Lelechka [254]

Answer: Option (D) is correct.

Explanation:

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7 0
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The numbers are missing here, so I looked for a similar question:

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3 years ago
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