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Umnica [9.8K]
3 years ago
6

An equipment costing $60,000 is being evaluated for a production process at Don Jones Co. The expected benefits per year is $4,5

00 and estimated salvage value is $20,000. Determine the rate of return the company can get in this equipment proposal. Equipment life
Business
1 answer:
Vera_Pavlovna [14]3 years ago
5 0

Answer:

Rate of return= 11.25%

Explanation:

<em>The accounting rate of return is the average annual income expressed as a percentage of the average investment.  </em>

<em>The simple rate of return can be calculated using the two formula below:  </em>

<em>Accounting rate of return  </em>

= Annual operating income/Average investment × 100  

Average investment = (Initial cost + scrap value)/2  

Average annual income = Total income over investment period / Number of years

Average investment = (60,000 + 20,000)/2= $40,000

Average annual income is already given as  = 4,500

Rate of return = 4500/40,0000 × 100 = 50%

Rate of return= 11.25%

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<h2>Original offer becomes void (nothing).</h2>

Explanation:

Counteroffer: The original offer would have been either rejected or modified with new one.

This gives the original offeror three options:

  • accept the counteroffer,
  • reject it, or
  • make another offer.

Example:

When a buyer makes an offer on say "home", there is a possibility of seller can making a counteroffer. In other terms, a counteroffer is one of the negotiating tactic in response to the initial offer. You can call it as business tricks. When a counteroffer is announced, "the original offer goes nothing(void)".

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The process of conducting business on an international scale is a part of _____. globalization Communism mercantilism Socialism
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The answer is globalization.  This is when you are now bringing your economy from domestic to international level where you are now engaging in business transactions with other countries overseas. There will be many hurdles but these are necessary when competing in the global market.

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3 years ago
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If an organization sets the marketing objective of maintaining uniformity and strong centralized control over its marketing acti
irinina [24]

Answer:

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Explanation:

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marketing of products and keeping a uniform image of the product among the varying markets. It should be noted that If an organization sets the marketing objective of maintaining uniformity and strong centralized control over its marketing activities and products, then the organization is choosing standardization strategy

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For approximately how many seconds does 2022 versa’s hill start assist hold the brakes?
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<h3>What is the hill start assistant?</h3>

The hill start assistant is a technological and mechanical device that has been implemented in several cars worldwide to prevent the car from rolling back due to gravity and inertia.

Hill Start Assist allows the driver to start on a hill without worrying about backing up. This development has prevented several accidents and is a good invention for those who are just starting to drive.

One of the cars that have this development is the Nissan versa 2022. This car offers a hill-start assistant that allows the driver to have at least 3 seconds to start the car on a slope without the car backing up.

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8 0
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The gross profit method of inventory valuation is not valid when a. there is substantial increase in the quantity of inventory d
lukranit [14]

Answer:

The gross profit method of inventory valuation is not valid when

c. the gross margin percentage changes significantly during the year.

Explanation:

Gross Profit Method:

It is such method that is used to determine the value of ending inventory in a specific period.

  • The option a, b and d are valid as this method is used when there is substantial increase in the quantity of inventory or in the cost of the inventory during the year. Moreover, it is also used to calculate the amount of ending inventory that is effected by a disaster such as fire, theft etc.
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