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
german
3 years ago
6

A project produces annual net income of $18,200, $21,800, and $22,900 over its three-year life, respectively. the initial cost i

s $197,000, which is depreciated straight-line to a zero book value over three years. what is the average accounting rate of return if the required discount rate is 14.5 percent?
Business
1 answer:
rjkz [21]3 years ago
3 0
Initial cost = $197,000
Total net accounting income over three years = $18,200+$21,800+$22,900 = $62,900

Average annual accounting net income = $62,900/3 = $20,966.67

Accounting rate of return = Average net annual income / Initial cost = 20,966.67/197,000 = 0.106 = 10.6%

Since Accounting net income is  lower than the required discount rate, the project is not viable.
You might be interested in
Universal Travel Inc borrowed $500,000 on November 1, 2018 and signed a twelve month note bearing interest at 6% Principal and i
horrorfan [7]

Answer:

Interest will be $5000

So option (A) will be correct option

Explanation:

We have given principal amount P = $500000

Rate of interest = 6 %

Time is November 1 to December 31

So time = 2 months = 0.1666 year

Interest is given by

Interest =\frac{principal\ amount\times rate\times time}{100}=\frac{500000\times 6\times 0.1666}{100}=$5000

So option (a) will be correct option

4 0
2 years ago
What is the positive impact of Commerce subject on our society?​
kkurt [141]

Answer:

E-commerce facilitates the fundamental movement of goods from suppliers to customers. They offer an ideal commerce development to do digital business and improve the global presence. E-commerce has altered the workflow of the business

5 0
2 years ago
Rachel is working on a project that technically allows three activities to be done at the same time. if they were to be implemen
tester [92]
This is an example of a people constraint. A constraint is something that holds you back from completing something. In this scenario, there aren't enough people available to complete all of the projects Rachel is wanting to have completed so there is a people restraint with regards to completing activities. 
6 0
3 years ago
Which of the following companies is most likely to use nonprice competition rather than price competition? a. Recreational Equip
Bingel [31]

Answer: REI

That’s the answer

7 0
2 years ago
Most people are aware of someone at school or at work with whom they don’t really associate. Pick someone in your school that yo
stiks02 [169]

Answer:

how is your day going I am the cootie man how is your day going on in the Gucci mane how

Explanation:

dd

6 0
3 years ago
Other questions:
  • Condelezza Co. manufactures two products, A and B, in two production departments, Assembly and Finishing. Condelezza Co. expects
    15·1 answer
  • The budget for the month of May was for 11,200 units at a direct materials cost of $19 per unit. Direct labor was budgeted at 28
    13·1 answer
  • The standards of conduct are issued by the __________ and supplemented by the ____________.
    12·1 answer
  • The writing for a proposal should
    10·1 answer
  • Explain the difference between at least four different post-secondary options, and provide an example of one possible career cho
    5·1 answer
  • Meger Manufacturing uses the direct labor cost method for applying factory overhead to production. The budgeted direct labor cos
    7·1 answer
  • Small percentage changes in an amount from a company's financial statement may still represent large dollar amounts; therefore,
    12·1 answer
  • Which of the following is a difference between planning and control?
    7·1 answer
  • The negative impact of the coronavirus on businesses​
    15·1 answer
  • What is the disadvantages of uber eats in fast food industry
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!