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Maurinko [17]
3 years ago
8

By investing in a John Deere PowerTech engine for $3,200, a pallet manufacturer was able to show a net savings of $500 in annual

maintenance costs. Calculate the return on investment for the engine.A. 15.6 percent
B. 1.6 percent
C. 6.4 percent
D. 32 percent
E. 21.3 percent
Business
1 answer:
Verizon [17]3 years ago
7 0

Answer:

15.6%

Explanation:

Investment = $3200

Net savings = $500

Investment returns in % = Net savings/Investment × 100

= 500/3200 × 100

= 0.15625 × 100

= 15.6%

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Taylor devotes a lot of time to his fam and his friends. It is obvious he values ______.​
vredina [299]

Answer:

Family. or relationships. spending time with them

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3 years ago
The Morris Corporation has $350,000 of debt outstanding, and it pays an interest rate of 12% annually. Morris's annual sales are
Anni [7]

Answer:

TIE 2.47

Explanation:

\frac{EBIT}{InterestExpense} = $Times Interest Earned

Our first step will be calculate the interest expense

350,000 debt outstanding * 12% rate = 42,000

Next, we need the EBIT which means Earnings Before Interest and Taxes.

Using the net profit margin of 3% we can get the net income

This means 3% of sales become net income

We are going to apply this to Morris sales to get the net income

1,750,000 * 0.03 = 52,500

Now this include the interest and taxes, we need to get the Earning before those two concepts so:

\frac{NetIncome}{1-Tax Rate} + $Interest Expense = Earnings Before Interest and Taxes

52,500/(1-0.40)+42,000 = 87,500 + 42,000 = 129,500

Now we got everything needed for the TIE

129,500/52,500 = 2.47

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3 years ago
What is contract theory
lapo4ka [179]

Answer:

the study of how people and organizations construct and develop legal agreements. It analyzes how parties with conflicting interests build formal and informal contracts, even tenancy.

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Explanation:

5 0
3 years ago
Who here thinks that we should create a medium of this not unsimilar to yahoo answers, in which we could as general questions in
ANTONII [103]
Well, in my opinion, there should be a little category for that, but then again, that may require extra moderation. Also, the guide lines say to never include personal information. Everyday issues often include personal info. Mostly all of the everyday issues we have can call under the line of math, science, reading, language arts, music, so on.
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