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
BARSIC [14]
3 years ago
15

Gunslinger Company is considering the purchase of pipe cutting equipment. Data on the equipment are as follows: Original Investm

ent $35,000 Net Annual Cash Inflow $8,000 Expected Economic Life in Years 5 The Company uses the straight-line method of depreciation with no mid-year convention. What is the accounting rate of return (ARR) on original investment
Business
1 answer:
NeX [460]3 years ago
4 0

Answer:

4.86%

Explanation:

 The formula to compute the accounting rate of return is shown below:

= Annual net income ÷ original investment

where,

Average  Accounting Income is

= Annual Cash Inflow – Depreciation

= $8,000 - $6,300

= $1,700

The Depreciation is

= ($35000 - $,3500) ÷ 5 years

= $6,300

And, the original investment is $35,000

So, the accounting rate of return is

= $1,700 ÷ $35,000

= 4.86%

We simply applied the above formula

You might be interested in
What percent of adults, nationally, were current on all credit payments in the last year?
Furkat [3]

The percentage of adults, nationally, that were current on all credit payments in the last year is 78.5% .

Your friend is incorrect in assuming that all will have high credit scores. because base on the fact that a lot young adults have no credit experience.  They are said to often have a high balance on too many credit card.

The state’s on-time payment record compare to the national rate is known to be Texas who are said to have an on-time payment record of 6.7% that is known to be lower than the national rate.

Miral county’s payment rate is 80%, 10% higher than the state of Texas.

The “clumping may be due to the types of jobs that are available to certain states.

<h3>The reasons our credit card or loan bill paid late?</h3>

The  reasons why our credit card or loan bill late said to be late is known to have a lot of serious effects if not managed. It can lead to:

  • Credit score reduction drastically, that can affect your credit report badly.
  • It can also  affect the types of opportunities, etc. that one can get through the credit bureau.

learn more about  credit payments from

brainly.com/question/2151013

8 0
2 years ago
Environmental sustainability is ensuring that our natural resources can be used
Julli [10]

Answer:

The statement is: False.

Explanation:

Environmental sustainability refers to the set of efforts individuals and organizations make to use the natural resources an environment offers to satisfy people's needs while taking steps towards the conservation of those resources so they can be reused in the future. Environmental sustainability aims to avoid the indiscriminate exploitation of resources before some of them are extinct.  

<em>The most common example of environmental sustainability is reforestation or planting trees every time they are cut down to diminish deforestation effects.</em>

6 0
3 years ago
At October 1, Arcade Fire Enterprises reported stockholders' equity of $70,000. During October, no stock was issued and the comp
viva [34]

Answer:

$10,000

Explanation:

As provided no equity is issued, therefore,

Common stock + Net income = Stockholder's equity

We know common stock = $70,000

Further there might be some dividend paid, which shall be deducted from net income to compute total value of Stockholder's equity.

Therefore,

$70,000 + $18,000 - Dividend = $78,000

$88,000 - $78,000 = Dividend = $10,000

Therefore, dividends paid during the month = $10,000

5 0
3 years ago
Neutrino Industries stock trades at $49 per share and there are 120 million shares outstanding. The management would like to rai
Gelneren [198K]

Answer:

Neutrino Industries must sell <u>8.68 million shares</u> to raise $400 million.

Explanation:

To calculate this, let B represents the number of shares Neutrino Industries must sell. Therefore, we have:

Gross proceeds = $49 * B, or $49B

Underwriter charges = 6% * $49B = $2.94B

To raise $400 million, we deduct the underwriter charges from gross proceeds and solve for B as follows:

$49B – $2.94B = $400,000,000

$46.06B = 400,000,000

B = 400,000,000 / 46.06

B = 8,684,324.79 shares, or 8.68 million shares.

Therefore, Neutrino Industries must sell <u>8.68 million shares</u> to raise $400 million.

4 0
3 years ago
George has to recall the names of the first 20 presidents of the united states for his history test. according to the levels of
Fittoniya [83]
I believe it is write the names over and over again because that is is the most effective way to memorize kinetically.
6 0
3 years ago
Read 2 more answers
Other questions:
  • Indicate the accounts affected and enter decreases to account categories with a minus sign. a. At the end of the period, bad deb
    15·1 answer
  • Land in the Marcellus Shale natural gas play is currently leasing for $10,000 per acre. 100 acres are needed in order to drill f
    9·1 answer
  • What necessary condition for the presence of competition in a market?
    10·2 answers
  • A common reason for redeeming a bond prior to its maturity date is ______.
    5·1 answer
  • Question 4 of 10
    9·1 answer
  • On which of the following goods or services might a tax increase be hardest to pass on to consumers? A) automatic car washes
    9·2 answers
  • (6) Erik receives an eight-year annuity-immediate with monthly payments. The first payment is $300 and payments increase by $6 e
    12·1 answer
  • Describing a former job as a positive experience will reflect badly upon you.<br> t/f
    12·2 answers
  • The managers at Alpha Corp. are closely observing trends in the industry. They are trying to identify factors that might have a
    5·1 answer
  • The use of sharp, temporary price cuts as a form of ________ would enable traditional US automakers to discourage new competitio
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!