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telo118 [61]
2 years ago
7

A company buys a machine for $79,000 that has an expected life of 4 years and no salvage value. The company uses straight-line d

epreciation. The company anticipates a yearly net income of $3800 after taxes of 16%, with the cash flows to be received evenly throughout each year. What is the accounting rate of return
Business
1 answer:
Brums [2.3K]2 years ago
3 0

Answer:

4.81%

Explanation:

Accounting rate of return is the ratio of annual profit and initial investment made on an asset or project. It is expressed in the times value.

Formula for Accounting rate of return is as follow

Accounting Rate of return = Annual Profit / Initial Investment

Initial Investment = $79,000

Annual Profit = $3,800

placing values in the formula

Accounting rat of return = $3,800 / $79,000

Accounting rat of return = 0.0481

Accounting rat of return = 4.81%

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George transfers cash of $150,000 to Finch Corporation, a newly formed corporation, for 100% of the stock in Finch worth $80,000
kolbaska11 [484]

Answer:

Finch has an interest expense deduction of the amount of $6,300.

Explanation:

Based on the information given in a situation where Finch pays George interest of the amount of $6,300 in which the amount of $7,000 was the principal payment on the note which means that Finch will have an interest expense deduction of the amount of $6,300 reason been that the amount of interest that was paid to George which is $6,300 will be the amount that is allowed for deduction.

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3 years ago
Use the drop-down menu to complete each statement. based on the information in the passage, it is most likely that joe lives in
Ann [662]

Based on the given information, Joe lives in the mixed economy, and he is interested in purchasing the private building.

<h3 /><h3>What is mixed economy?</h3>

A mixed economy is the system that combines the system of both the economy, means the combination of capitalism and socialism, is called the mixed economy.

This system defends <u>private property </u>and allows a degree of  freedom in economy in the use of capital.

But it also permits for governments to interpose in economic activities in order to accomplish social intents.

Therefore, in the above case, Joe lives in the mixed economy, and purchasing the private property.

To learn more about the mixed economy, refer to:

brainly.com/question/2343400

3 0
1 year ago
Under a partial release clause, a lender:
Lelechka [254]
D. Removes the lien from part of the property when part of the debt has been paid. This clause is used in commercial loans to allow a developer to repay part of the debt to remove the lien on part of the property. It is negotiated for agreed-upon payments to free multiple parcels of property separately to encourage development. 
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3 years ago
Dividing responsibility among some of the team members is effective delegation
konstantin123 [22]

Answer:true

Explanation:

Because dividing tasks get more accomplished faster

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2 years ago
For inventory systems with constant demand and a fixed lead time,
7nadin3 [17]

Answer:

a.the reorder point = lead-time demand

Explanation:

The reorder point is when there needs to be a replenishment of depleted stock of inventory.

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So when there is constant demand and fixed lead time, there is no need to keep excess inventory as demand has been anticipated and inventory for the demand is available.

Also the lead time demand from order to delivery is also fixed because demand has been provided for already.

Thus reorder point= lead time demand

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3 years ago
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