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diamong [38]
2 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]2 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.

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Kate Payne was reading the business plan for New Venture Fitness Drinks, and noticed that prior to its financial statements, New
Y_Kistochka [10]

Answer: Financial Notes and Supplementary Schedules

Explanation:

The Financial Notes and Supplementary Schedules is also known as footnotes.

The notes discloses-

a. Assumptions used in the preparation of the financial statements.

b. Discloses accounting policies used in the preparation of the financial statements.

c. Financial instruments been used by the business.

d. Legal matters.

I hope this answers your questions.

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8 0
2 years ago
To explain the analogous relationship between the trail and the hike to the plant and inventory Alex makes the following stateme
wariber [46]

Answer:

True

Explanation:

In industry, inventory buildups are cancelled with increased sales and marketing activities, which attract rewards and punishments.  This is why it is always a taboo to observe idle workers.  Idle workers cost the entity much in expenses.  Workers are employed based on productivity and profitability indexes.  There is no business entity that employs workers for the fun of employment.

5 0
3 years ago
Adams Manufacturing allocates overhead to production on the basis of direct labor costs. At the beginning of the year, Adams est
horrorfan [7]

The Adams Manufacturing has allocated its total overhead costs by a sum of $17,200, which is over-applied.

<h3>What are overhead costs?</h3>

The expenses or costs, which are incurred by a business, which are completely unrelated to the production or manufacturing of the firm's goods or services, are known as overhead costs. They are indirect costs.

The computation of the overhead costs will be as follows,

\rm Overhead\ Costs= Actual\ Overheads-Estimated\ Overheads\\\\\rm Overhead\ Costs= 413200-396000\\\\\rm Overhead\ Costs=\$17200

Hence, option E holds true regarding the overhead costs.

Learn more about overhead costs here:

brainly.com/question/14811739

#SPJ1

6 0
1 year ago
Jayden’s client tells him, “I open up my closet in the morning, and there are too many choices. I’m getting rid of all the wild
Maru [420]
D, minimalism, since they want to get rid of items
5 0
2 years ago
Your uncle Ben has applied for a loan of $240,000 from a local bank, and he thinks he will get a loan. However, he is not confid
vlada-n [284]

Answer:

Follows are the responses to these question:

Explanation:

Please find the complete question in the attached file.

Uncle Ben will have to select industrial machinery for customized furnishings, as the NPV of the project have result show to the S loan, such that uncle Ben can gain it if he opts to invest throughout the C loan of just $120,000 from the bank.

In Which only a $240,000 credit by Uncle Ben has also been issued by the bank, it can choose either local furniture exaggerations or regular fabric as Project C and Project S both are positively Verdict.

6 0
2 years ago
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