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
muminat
2 years ago
5

Miller Manufacturing company is considering the purchase of equipment. The equipment would cost $61,445.67 and is expected to ge

nerate annual cash inflows of $10,000 over its 10 year useful life. Based on this information, the internal rate of return for this investment opportunity is (Use the tables in the Chapter 16 appendix.) Multiple Choice
a. 12%.
b. 10%
c. 8%
d. 14%
Business
1 answer:
Juli2301 [7.4K]2 years ago
7 0

Answer:

b. 10% 

Explanation:

The IRR is the discount rate that equates the after tax cash flows from an investment to the amount invested.

The IRR can be found using a financial calculator:

Cash flow for year zero = $-61,445.67

Cash flow each year from year one to ten = $10,000

IRR = 10%

I hope my answer helps you

You might be interested in
Crane Co. uses the gross method to record sales made on credit. On June 1, 2017, it made sales of $52,200 with terms 3/15, n/45.
Artist 52 [7]

Answer:

Explanation:

Crane Co

June 1. Credit: Sales $52,200

Debit: Acc receivable $52,200

Being sales on account

June 12 Debit: Bank. $ 50,634

Debit: Discount Allowed $1,566

Credit: Acc receivable. $52,200

Being payment received on sales

8 0
2 years ago
Read 2 more answers
Youngstown Glass Company manufactures three types of safety plate glass: large, medium, and small. All three products have high
Ann [662]

Answer:

                                                           Large    Medium    Small

Unit selling price                                 $184      $160       $100

Unit variable cost                                  130        120          76

Unit contribution margin                     $54        $40        $24

Autoclave hours per unit                       3            2              1

Total process hours per unit                 5            4              2

Budgeted units of production           3,000     3,000    3,000

a. Determine the contribution margin by glass type and the total company income from operations for the budgeted units of production.

  • total contribution margin for large safety plate glasses = $54 x 3,000 = $162,000
  • total contribution margin for medium safety plate glasses = $40 x 3,000 = $120,000
  • total contribution margin for small safety plate glasses = $24 x 3,000 = $72,000

b. Prepare an analysis showing which product is the most profitable per bottleneck hour.

contribution margin per autoclave hour:

  • large safety plate = $54 / 3 = $18 per autoclave hour
  • medium safety plate = $40 / 2 = $20 per autoclave hour
  • small safety plate = $24 / 1 = $24 per autoclave hour ⇒ MOST PROFITABLE PRODUCT PER AUTOCLAVE HOUR (BOTTLENECK)

7 0
2 years ago
Brown & Smith, Inc. engages in the design, development, making, and retail selling of designer jewelry in North America. Bef
Serga [27]

Answer:

rapid prototyping

Explanation:

Rapid prototyping (RP) is a family of manufacturing methods to make engineering prototypes in the minimum possible delivery times, based on a model of the article made in a computer-aided design system (CAD)

Rapid prototyping is an excellent way to check the functionality, dimensions and design characteristics of the designs, without going through the usual long prototyping process that requires specific technical and experienced tools.

3 0
3 years ago
A concept that can be used to describe (how will government's money be spent)
jonny [76]
Governments money is usually spent for weapons or vaccines for sicknesses.
6 0
3 years ago
A winning formula for many Answer E: Luxury brands is craftsmanship, heritage, authenticity, and history, often critical to just
Fittoniya [83]

Correct question:

A winning formula for many ________ brands is craftsmanship, heritage, authenticity, and history, often critical to justifying a sometimes extravagant price.

A) design

B) non durable

C) durable

D) ingredient

E) luxury

Answer:

E, luxury

Explanation:

When a product is being purchased irrespective of it price, the manufacturer is said to have found a winning formula.

from the above question, a luxury item that is authentic with an history behind it as well as exccellenct craftsmanship amongst other things ensure that the item is continually sold no matter what price it is.

Cheers.

4 0
3 years ago
Other questions:
  • Explain how accrual accounting differs from cash basis accounting if:A. Prepaid insurance beginning $400B. Payments for insuranc
    9·1 answer
  • Media scholar robert mcchesney has observed that the media oligopoly of the leading nine media giants is not the only threat to
    8·1 answer
  • Naylor Company had $154,200 of net income in 2016 when the selling price per unit was $155, the variable costs per unit were $95
    14·2 answers
  • "Scott Manufacturing Co.'s static budget at 10,000 units of production includes $40,000 for direct labor and $4,000 for electric
    10·1 answer
  • The International Trade AdministrationA) provides aid to underdeveloped countries and has limited protection in support of "esse
    7·1 answer
  • On October 1, the accounts receivable account balance was $115,020. During October, $449,350 was collected from customers on acc
    8·1 answer
  • Indicate whether each of the following cost of an automobile manufacturer would be classified as direct materials, direct labor,
    10·1 answer
  • On December 31, the company provides consulting services and bills its customer $3,000 for these services.
    15·1 answer
  • Identify the statement that characterizes the Age Discrimination in Employment Act. Multiple Choice It permits an employer to re
    9·1 answer
  • Ely Roofing Contractors enters into a lease for the use of new equipment. The term of the lease is three years. The annual lease
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!