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
Elina [12.6K]
3 years ago
10

The management of Ro Corporation is investigating automating a process. Old equipment, with a current salvage value of $24,000,

would be replaced by a new machine. The new machine would be purchased for $468,000 and would have a 6 year useful life and no salvage value. By automating the process, the company would save $161,000 per year in cash operating costs. The simple rate of return on the investment is closest to (Ignore income taxes.):
Business
1 answer:
Margaret [11]3 years ago
3 0

Answer:

36.26%

Explanation:

Simple rate of return:

return/investment

<u>return:</u>

In this case, it will be the cost saving for the new machine: 161,000

<u>investment</u>

We will decrease the investment by the recovery from the old machine.

468,000 new machine - 24,000 salvage value of new   = 444,000

<u>Then, proceed to calculate:</u>

161,000/444,000 = 0.3612 = 36.26%

Consideration:

Is important to state that this rate, do not consider the time value of money, neither the cash flow of the project.

You might be interested in
enny has applied for a loan to purchase a home and learns that she is unable to qualify for any loan other than a high-cost mort
nataly862011 [7]

Answer: C. MortgageMax may pay the counseling fees, but is prohibited from steering Jenny towards a particular counselor or allowing her to complete counseling from one of its affiliates.

Explanation:

MortgageMax is violating the law in recommending a particular counselor and recommending one of its affiliates. Lenders are not allowed to direct a loan candidate to a certain counselor in order to avoid any unfortunate situations that arise from the counselor being partial to the lender.

Lenders are also prohibited from offering the counselling via an affiliate for the same reason above. They are however, allowed to pay for the counselling.

5 0
3 years ago
In Crane Company, land decreased $154000 because of a cash sale for $154000, the equipment account increased $55000 as a result
Naya [18.7K]

Option (B) The net cash provided by investing activities is $99000 is correct.

<h3>What is net cash?</h3>
  • On a company's financial statements, net cash is a sum that is given.
  • It is determined by deducting a company's total cash from its total liabilities.
  • When assessing the cash flows of a corporation, the net cash figure is frequently utilized.
<h3>What is cash flow?</h3>
  • The net balance of money coming into and going out of a business at a particular period is referred to as cash flow.
  • A firm constantly receives and expends cash.
  • For instance, when a retailer buys merchandise, money leaves the company and goes to its suppliers.
<h3>Calculation of Net cash provided by investing activities:</h3>

Net cash provided by investing activities = land ($154000 cash inflow) - equipment purchase ($55000 cash outflow) = $99000

Hence, The net cash provided by investing activities is $99000.

Learn more about cash flow here:

brainly.com/question/18301012

#SPJ4

5 0
2 years ago
While Natalie was at the mall, she saw a kiosk that was selling smart phone covers.
Irina18 [472]

Answer:

True. It is called Impulse purchase.

an impulse purchase is made when the consumer has no need for the product or service yet he or she purchase it as a result of a quick decision, usually triggered by the marketing strategies employed by the organizations.

Impulsive purchasing behaviour can have negative impacts on the consumers, including buying things they do not need and mounting unnecessary debt.

Explanation:

7 0
3 years ago
Distinguish between planned economy and mixed economy​
Maslowich

Answer:

  • <em><u>Command Economy</u></em>

A command economy is an economic system where the government has control over the production and pricing of goods and services. Sometimes called a planned economy, in a command economy, the government decides which goods and services to produce, the production and distribution method, and the prices of goods and services. The government is the central planner.

  • The government has control over a command or planned economy.
  • In mixed economies, the government has some control, while the rest is up to supply and demand.
  • Command economies are characterized by large surpluses and shortages, monopolies, and prices set by the government.
  • Mixed economies are characterized by corporate profitability, the use of fiscal and monetary policies to stimulate growth, and the existence of a public and private sector. 《♡♡♡♡》

Explanation:

Hope it helps JOIN《Æ §QŮÅĐ》

8 0
2 years ago
Describe 3 benefits to an organisation of producing high quality products
adell [148]

place product and price

7 0
3 years ago
Read 2 more answers
Other questions:
  • More magazine is a publication designed to appeal to women aged 40 and over. demand for such magazines is an example of how chan
    11·2 answers
  • If your business operates in more than one state or in a large area, it's a good idea to register the trademark with what organi
    13·1 answer
  • The income statement will present
    14·1 answer
  • A country has a noninstitutionalized population of 243 million people. out of that number, 38 million are under the age of 16 70
    5·1 answer
  • Ariel wants to compare the salaries for positions she was offered at two companies. What should she consider in this process?
    8·2 answers
  • The Marshall Company has a process costing system. All materials are added when the process is first begun. At the beginning of
    8·1 answer
  • What is the primary purpose of insurance
    7·2 answers
  • Hau Lee​ Furniture, Inc., spends 45​% of its sales dollars in the supply chain and finds its current profit of ​$35,000 inadequa
    10·1 answer
  • 1. Nunes, Orta and Paulo are partners providing engineering services. Relevant data regarding income-sharing relationships and c
    7·1 answer
  • Define uncertainty. What are some of the basic causes of uncertainty in engineering economy studies?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!