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GenaCL600 [577]
3 years ago
11

The following data concerns a proposed equipment purchase: Cost $144,000 Salvage value $4,000 Estimated useful life 4 years Annu

al net cash flows $46,100 Depreciation method Straight-line Assuming that net cash flows are received evenly throughout the year, the accounting rate of return is:
a. 7.7%.
b. 15.0%.
c. 5.0%.
d. 62.3%.
e. 32.0%.
Business
1 answer:
zvonat [6]3 years ago
8 0

Answer:

Option (B) is correct

Explanation:

Depreciation expense:

= (cost - salvage value) ÷ estimated useful life

= ($144,000 - $4,000) ÷ 4

= $35,000

Average investment:

= (cost + salvage value) ÷ 2

= ($144,000 + $4,000) ÷ 2

= $74,000

Net income:

= Annual net cash flows - Depreciation expense

= $46,100 - $35,000

= $11,100

Accounting rate of return:

= (Net Income ÷ Average investment) × 100

= ($11,100 ÷ $74,000) × 100

= 15%

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Jerry, the recruitment manager at Randents Inc., reviews the performance of his team members on a monthly basis. Based on the re
olga_2 [115]

Answer:

d. controlling

Explanation:

controlling as a function of management is the act checkmating if the established target is achievable and if not, the reasons for the deviation.

A form of Controlling that Jerry is undergoing is Personnel control which is aim at making sure other people do what should be done.

• The basic control process are seen in Jerry action as:

(1) establishing standards:

monthly target to be achieved has being given to the personnel

(2) measuring performance against these standards.

Jerry reviews the performance of his team members on a monthly basis.

(3) correcting deviations from standards and plans.1

Based on the results of his monthly reviews, he decides to conduct daily reviews to analyze the performance of members who do not achieve their monthly targets.

8 0
3 years ago
Samson Company reported total manufacturing costs of $320,000, manufacturing overhead totaling $52,000, and direct materials use
Artemon [7]

Answer:

$204,000

Explanation:

Given that

Total manufacturing costs = $320,000

Manufacturing overhead = $52,000

Direct materials = $64,000

The computation of direct labor cost is shown below:-

Direct labor cost = Total manufacturing costs + Manufacturing overhead + direct materials

= $320,000 - $52,000 - $64,000

= $204,000

Therefore for computing the direct labor cost we simply applied the above formula.

3 0
3 years ago
As part of the initial investment, Jackson contributes accounts receivable that had a balance of $32,290 in the accounts of a so
yuradex [85]

Answer: $30,923

Explanation:

From the question, we are told that as part of an initial investment, Jackson contributes accounts receivable that had a balance of $32,290 in the accounts of a sole proprietorship. Out of the amount, $1,367 is deemed completely worthless and for the remaining accounts, the partnership will establish a provision for possible future uncollectible accounts of $848.

The amount debited to accounts Receivable for the new partnership will be the difference between the account receivable balance and the amount that was deemed worthless. This will be:

= $32,290 - $1,367

= $30,923

Therefore, the amount debited to Accounts Receivable for the new partnership will be $30,923

3 0
4 years ago
An article in the Economist observed that "people of all ages would gain from policies that boosted growth and productivity."
neonofarm [45]

A. When the economy experiences growth and improved productivity, E. All of the above are correct.

b.  accumulating more inputs—such as labor, capital, and natural resources is the key to automatically increasing growth.

<h3>What is economic growth?</h3>

This is a growth that exists in an economy due to the fact that there is an increase in the number of goods and services that are produced in the economy.

The growth is measured with comparison between two different periods of time.

Read more on economic growth here: brainly.com/question/1690575

7 0
2 years ago
If a family spends its entire budget in a given time frame, the family can afford either 14 outings or 24 household items. Assum
AURORKA [14]

Answer:

1.71 household items

Explanation:

In this question, we learn that the family will only consume two goods: outings and household items. The family can either have access to 14 outings or 24 household items. This means that:

opportunity cost of 14 outings = opportunity cost of 24 household items

Therefore,

opportunity cost of 1 outing = 1.71 household items

6 0
4 years ago
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