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inna [77]
3 years ago
11

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:
ra1l [238]3 years ago
5 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.

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a county taxes real property at a millage rate of 15. if your customer owns real property in the county and the assessed value i
patriot [66]

$1800

15 x 0.001=0.015

.8 x $150,000=120,000

120,000x.015=$1800

Another way to calculate the number of tax during this example is to multiply your assessed value by 0.0185. Using the millage rate above, a home assessed at $300,000 would have a bill of $5,550. The formula is: Assessed value ($300,000) x millage rate (1.85%, or 0.0185) = land tax ($5,550). To calculate the mileage, or mill rate, a possessor divides the quantity of mills by 1,000.

As an example, say a neighborhood taxing authority encompasses a mill rate of 15 on the assessed value of holding in its jurisdiction. That puts the capital levy rate at 1.5% before any county taxes adjustments or exemptions. To calculate your individual property's effective charge per unit, all you have got to try and do is divide your annual invoice by what you estimate to be the value of your property.

The assessed value estimates the reasonable value for your home. it's based upon prevailing local realty market conditions. Multiply the value of your item or service by the county taxes charge per unit. If you have got a charge per unit as a percentage, divide that number by 100 to induce the charge per unit as a decimal. Then use this number within the multiplication process.

learn more about county taxes: brainly.com/question/25844719

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3 0
1 year ago
Effective sales promotion activities target: Group of answer choices employees only. customers only. employees, dealers and cust
xenn [34]

Effective sales promotion activities target dealers and customers.

<h3>What is an effective sales promotion?</h3>

Sales promotion are all the activities and methods undertaken by a producer to increase sales of its products to the users or marketers of the products. The users of a product include customers and dealers are the marketers of the product. An effective sales promotion has to target both parties.

To learn more about business promotion, please check: brainly.com/question/1421217

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8 0
1 year ago
Which task would most likely be completed by a physician’s assistant? A. Diagnose and treat medical conditions of patients B. Cl
klasskru [66]

i think the answer is c

3 0
3 years ago
Read 2 more answers
The rise of the "Cotton Kingdom" in the South led to all the following EXCEPT: large increase in the number of slaves. an insati
Margaret [11]

Answer:

The answer is increased dependence on banks for credit.

Explanation:

Because the dependence on bankd only happened when the Cotton Kingdom failed and the slavery time was over. So the farmers were left with a huge amount of cotton, debts, no British to buy it. They could not afford the expenses of the equipment, the field, without the bank loans, because in this time, the would need to hire paid workers.

4 0
3 years ago
The downside of increased reliance on technology in the workplace includes_______. A gradual dehumanizing effect in which we los
NikAS [45]

Answer:

gradual dehumanizing effect in which we lose sight of people's personalities and humor.

Explanation:

The downside of increased reliance on technology in the workplace includes <em><u>gradual dehumanizing effect in which we lose sight of people's personalities and humor</u></em>.

Surely technological advancements in the work place help the employees a lot in making their work easier and faster. However this also makes them dependent on technology. Resulting in a dehumanizing effect where the worker's ability and hard work is not seen by other people.

7 0
3 years ago
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