Answer:
7.5%
Explanation:
Cost savings
:
= Equipment cost - New machine cost
= 30,000 - 12,000
= 18,000
Depreciation per year
:
= Cost of automated bottling machine ÷ Useful years
= 120,000 ÷ 10
= 12,000
Simple rate of return:
= (Cost savings - Depreciation of new equipment) ÷ (cost - salvage of old)
= (18,000 - 12,000) ÷ (120,000 - 40,000)
= 6,000 ÷ 80,000
= 0.075
= 7.5%
Answer and Explanation:
Rented-Goods Services are represented by retailom where consumers can own a good, or use a service for a specified time. As an example of this, we can mention hotel rooms, ski clothes, cars, houses, among others.
Nongoods Services are also represented by retail, but it presents personal services, where consumers can try them, judge them and then decide if they want to own them.
Answer:
Task Environment
Explanation:
Task environment is an external environment that affects an organization's ability to achieve its business goals. We could say that any type of business or customer relationship directly with an organization has the ability of being the part of the business environment. We could count some examples to the mission environment sectors : competitors, customers, suppliers, and labor supply.
Answer:
The corporation's tax liability is $ 228,820.
Explanation:
To calculate tax liability we first have to find net profit. Detail calculation is given below.
<u><em>Net profit Calculation</em></u>
Sales $ 3,130,000
cost of goods sold and the operating expenses ($ 2,080,000)
Interest expense ( $ 377,000)
Net profit $ 673,000
<u><em>Tax liability Calculation</em></u>
Income fall under Tax bracket of 34% ($75,001 to $10,000,0000 for corporate tax. No additional surtax will be charged as income do not fall under its net.
Tax liabilty = 673,000 * 34% = $ 228,820
