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IrinaK [193]
3 years ago
7

Account ing 3-5A page 125what the Answer please?

Business
1 answer:
frutty [35]3 years ago
3 0

it is not specific enough

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swift Oil Company is considering investing in a new oil well. It is expected that the oil well will increase annual revenues by
lianna [129]

Answer: 25.22%

Explanation:

Given that,

Annual revenue = $134,000

Annual expenses = $76,000

Oil well cost = $449,000

Salvage value = $11,000

Annual net income = Annual revenue - Annual expenses

= $134,000 - $76,000

= $58000

Average Investment = \frac{449000 + 11000}{2}

= $230000

Annual rate of return =  \frac{58000}{230000}\times100

= 25.22%

4 0
4 years ago
Mid- and long-term goals are less likely to require adjustments than short-term goals.
lutik1710 [3]

Answer: False

Explanation: Because it's best for you to do your small goals first and then go big.

4 0
3 years ago
Tamarisk, Inc. just began business and made the following four inventory purchases in June: June 1 162 units $972 June 10 216 un
Marta_Voda [28]

Answer:

Inventory= $1,890

Explanation:

Giving the following information:

Tamarisk, Inc. just began business and made the following four inventory purchases in June:

June 1: 162 units $972

June 10: 216 units  $1512

June 15: 216 units $1728 (1728/216=8)

June 28: 162 units $1458 (1458/162=9)

A physical count of merchandise inventory on June 30 reveals that there are 216 units on hand.

FIFO (first-in, first-out)

Inventory= 162*9 + 54*8= $1,890

4 0
3 years ago
Sam wants to grow in his current role, and he decides to take a three-month skill enhancement course. Sam is demonstrating .
Shtirlitz [24]

Answer:

Selfmanagment skills

Explanation:

I had the same question

3 0
3 years ago
What is a business opportunity?
MatroZZZ [7]

Answer:

A business opportunity (or bizopp) involves sale or lease of any product, service, equipment, etc. that will enable the purchaser-licensee to begin a business.

7 0
3 years ago
Read 2 more answers
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