The following T-account is a summary of the Cash account of Cuellar Company.

The following relates to a proposed equipment purchase: Cost $ 157,000 Salvage value $ 5,000 Estimated useful life 4 years Annua

Kruka [31]

Answer:

$14,850

Explanation:

Depreciable amount = $158,000 - $5,000 = $153,000

Annual depreciation = $38,250

Annual net income = $53,100 - $38,250 = $14,850.

Therefore, the annual net income amount used to calculate the accounting rate of return is $14,850

4 0

3 years ago

A disadvantage of speed dating is that it ________. is one of the most expensive dating methods tends to rate potential daters l

-Dominant- [34]

A disadvantage of speed dating is that it <span>tends to rate potential daters lesser on substantive traits and more on superficial criteria</span>. Since those who fill out paperwork on who they'd like to meet are commonly based off of attributes that attract them to another, those who meet in a speed dating setting are based on superficial criteria instead of actual traits.

7 0

3 years ago

Which source of funding would be most appropriate if you were starting a

IceJOKER [234]

Answer:

a credit card would be better ..cause it has a convenient pay method

5 0

3 years ago

Riverbed Company is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures wer

dalvyx [7]

Answer:

9.61%

Explanation:

Computation for the weighted-average interest rate

Using this formula

Weighted-average interest rate=Total Interest amount /Total Principal amount

Particular Principal Interest

9%, 5-year note payable $2,088,000 $187,920

10%, 4-year note payable $3,308,700 $330,870

Total $5,396,700 $518,790

Total Principal amount =$5,396,700

Total Interest amount =$518,790

Let plug in the formula

Weighted-average interest rate=$518,790/$5,396,700

Weighted-average interest rate=0.0961*100

Weighted-average interest rate=9.61%

Therefore Weighted-average interest rate is 9.61%

8 0

3 years ago

The Internal Rate of Return (IRR) represents which of the following: Multiple Choice The discount rate that must be lower than t

zmey [24]

Answer:

The discount rate that makes the net present value equal to zero.

Explanation:

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

It is the discount rate that makes the net present value equal to zero.

I hope my answer helps you

8 0

3 years ago