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
harina [27]
3 years ago
6

Sarasota Company has a factory machine with a book value of $86,300 and a remaining useful life of 7 years. It can be sold for $

33,500. A new machine is available at a cost of $359,000. This machine will have a 7-year useful life with no salvage value. The new machine will lower annual variable manufacturing costs from $623,300 to $461,800. Prepare an analysis showing whether the old machine should be retained or replaced.
Business
1 answer:
RUDIKE [14]3 years ago
4 0

Answer:

See the explanation for answer

Explanation:

Analysis showing whether the old machine should be retained or replaced is as prepared below:

                                                     Retain        Replace            Net Income

                                              Equipment     Equipment      Increase(Decrease)                            

Variable manufacturing costs 43,63,100 32,32,600 11,30,500

New machine costs                     0    3,59,000 -3,59,000

Sell old machine                             0          -33,500          33,500

Total                                       43,63,100   35,58,100   8,05,000

The old factory machine should be replaced as there is increase in net income by 805,000 when old machine is replaced.

You might be interested in
The book balance in the checking account of Kyri Enterprises as of November 30 is $2,964. The bank statement shows an ending bal
lianna [129]

Answer:

1)

reconciliation of bank balance:

bank balance $2,525

+ deposits in transit 11/29 $125

+ deposits in transit 11/30 $200

- outstanding check N. 322 $17

- outstanding check N. 324 $105

- outstanding check N. 327 $54

adjusted bank balance $2,674

reconciliation of checking account:

checking account balance $2,964

+ error on Check N. 321 $20

- NSF check $185

- unrecorded ATM withdrawal $100

- bank fees $25

adjusted checking account $2,674

2)

To correct the error on Check N. 321

Dr Cash 20

    Cr Accounts payable 20

To record NSF check

Dr Accounts receivable 185

    Cr Cash 185

To record ATM withdrawal

Dr Drawing - Susan Kyri 100

    Cr Cash 100

To record the bank fees

Dr Bank charges 25

    Cr Cash 25

4 0
3 years ago
Choice is the largest employer in the Pacific Northwest. It is covered by numerous federal employment laws. As such, it is requi
hichkok12 [17]

Answer:

C) twelve weeks of unpaid family or medical leave during any twelve-month period.

Explanation:

The Family and Medical Leave Act of 1993 provides employees with temporary medical leave when:

  1. their child is born (or they adopt a child) and they must take care of him/her
  2. if their spouse (husband or wife), child under 18, or parent has a serious health condition
  3. when the employee himself/herself has a serious medical condition and cannot work

5 0
3 years ago
Your corporation has a marginal tax rate of 35% and has purchased preferred stock in another company. The before-tax dividend yi
Leni [432]

Answer:

5.37%

Explanation:

According to the scenario, computation of the given data are as follow:-

We can calculate the company’s after tax return on preferred by using following formula:-

Company’s After Tax Return = Before Tax Dividend Yield Rate on Preferred Stock × [1 - (1 - Dividend Exclusive) × (Tax Rate)]

= 6% × [1 - (1 - 70%) × (35%)]

= 0.06 × [1 - (1 - 0.70) × (0.35)]

= 0.06 × [1 - (0.30) × (0.35)]

= 0.06 × (1 - 0.105)

= 0.0537

= 5.37%

We simply applied the above formula to determine the company after tax return

8 0
2 years ago
When marketers _____, they take into account the fact that customers are different, customers change, competitors change and rea
butalik [34]

Answer:enter into the strategic marketing process

Explanation:

4 0
2 years ago
At work, great employees:
makkiz [27]

Answer:

I think the most likely answer is choice B: "do their best to get along with difficult co-workers."

Explanation:

8 0
2 years ago
Other questions:
  • What is the present value of 10 equal payments of $16,500 to be made at the end of each year for the next 10 years?
    12·1 answer
  • A researcher reports that the effectiveness of a new marketing campaign significantly increased sales compared with the previous
    10·1 answer
  • Maria wants to start a new business in collaboration with her husband and brother-in-law. The features she is looking for in the
    11·1 answer
  • Please tell us if there is an abstraction level of technology that you are particularly interested in
    6·2 answers
  • Describe three ways that globalization is having a negative impact on the environment
    7·1 answer
  • The most recently-introduced tool of monetary policy is the:
    14·1 answer
  • During the year, Kiner Company made an entry to write off a $32,000 uncollectible account. Before this entry was made, the balan
    7·1 answer
  • As a component of real estate value, the principle of substitution states that
    6·1 answer
  • Slapshot Company makes ice hockey sticks. Last week, direct materials (wood, paint, Kevlar, and resin) costing $28,000 were put
    14·1 answer
  • A manufacturing company hit by a slump in demand is experiencing a labor surplus. The company expects the market to improve in s
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!