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
diamong [38]
3 years ago
12

Omaha Plating Corporation is considering purchasing a machine for $1,500,000. The machine is expected to generate a constant aft

er-tax income of $100,000 per year for 15 years. The firm will use straight-line (SL) depreciation for the new machine over 10 years with no residual value. What is the payback period for the new machine?
Business
1 answer:
RoseWind [281]3 years ago
5 0

Answer:

The payback period for the new machine is 6 years.

Explanation:

depreciation = $1,500,000/10

                     = $150,000

payback period = ($100,000 + $150,000)/$1,500,000

                           = 6 years

Therefore, The payback period for the new machine is 6 years.

You might be interested in
Which of the following events could decrease the cost of money? Check all that apply.
adelina 88 [10]

Answer:

In my opinion the correct answers are  items  A,D

Explanation

A , Because  if the inflation increases  it means that there are  high price to purchase goods ,that is why  people are afraid  to this high prices and it leads to reduce interest rates and savings.

D, Because  if there are low interest rates the price of  Treasuary securities are  more expensive.

6 0
3 years ago
Can someone pls solve 2.10 for me ?
frozen [14]

Answer:

A, B, F

Explanation:

3 0
3 years ago
eBay question I know there are fees for eBay when you sell something but I don’t know exactly so I just wanted to ask if I were
laila [671]

eBay has an algorithm where they take 9% of what you make until that gets up to $50 which in this case doesnt' really matter. They would take 9% of every order so if you sold your item for $10 you would actually get like $9.10 or something similar.

3 0
3 years ago
In the figure below, ∆LMN is an equilateral triangle, side \overline {LM} LM is bisected by O, side \overline {LN} LM is bisecte
likoan [24]

Based on the calculations, the measure of angle PON (∠PON) in equilateral triangle LMN is equal to 30°.

<h3>What is an equilateral triangle?</h3>

An equilateral triangle can be defined as a special type of triangle that has equal side lengths and all of its three (3) interior angles are equal.

Since triangle LMN is an equilateral triangle, the following applies:

LN = LM = MN

∠LNM = ∠L = ∠LM = 60°

OP // MN (O and P are midpoint).

∠NPO = 90° + (90° - 60°) = 120°

∠PNO = ∠LNP/2 = 60/2 = 30°.

Therefore, ∠PON is given by:

∠PON = 180° - (∠PNO + ∠NPO)

∠PON = 180° - (30° + 120°)

∠PON = 180° - 150°

∠PON = 30°

Read more on equilateral triangle here: brainly.com/question/14709905

#SPJ1

4 0
2 years ago
Suppose you have $2,000 and plan to purchase a 10-year certificate of deposit (CD) that pays 6.5% interest, compounded annually.
Phoenix [80]

Answer:

<em>The future value of the investment will be $3,754</em>

Explanation:

<u>Future Value of Investment</u>

Suppose we have a principal P invested for a period of n years at an interest rate i compounded annually. The final value or future value FV of the investment can be computed by:

FV=P(1+i)^n

The case we are considering consists of a present value P=2,000 that will be used to purchase a n = 10-year certificate of deposit (CD). It pays i=6.5% interest. When the CD matures, 10 years from now its value will be

FV=2,000(1+0.065)^{10}

FV=2,000\cdot 1.877=3,754

The future value of the investment will be $3,754

8 0
3 years ago
Other questions:
  • Why does manufacturing matter to your daily life, even if you don't think about it much?
    6·2 answers
  • The person who prepares and abstract of title for a parcel of real estate:
    12·1 answer
  • On September 3, 20X8, Jackson Corporation purchases goods for a U.S. dollar equivalent of $17,000 from a Swiss company. The tran
    8·1 answer
  • What are some subject areas PAS prepares students for? Check all that apply. health science hospitality agricultural machinery i
    9·2 answers
  • Question 4 Hochschild's work implied that the gender norms of the 1950s still have ideological power in shaping family life for
    11·1 answer
  • Granite Stone Creamery sold ice cream equipment for $17,600. Granite Stone originally purchased the equipment for $94,000, and d
    7·1 answer
  • "Kent Manufacturing produces a product that sells for $50.00. Fixed costs are $260,000 and variable costs are $24.00 per unit. K
    10·1 answer
  • The decision by many Western businesses to pull out of South Africa in protest of the country’s apartheid government contributed
    12·1 answer
  • Reason to connect to the same file several time
    9·1 answer
  • A company issues 7%, 7-year bonds with a par value of $170,000 on January 1 at a price of $179,602, when the market rate of inte
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!